I noticed an interesting trend in the mining market — Bitmain has started aggressively lowering prices on its equipment. In early December, they offered Antminer S19 XP+ Hyd packages with a container for $4 per TH/s, and the price for S19e XP Hydro dropped to $3 per TH/s. New models S21 with immersion cooling cost $7, and S21+ — about $8 per TH/s.

This is clearly a signal that there is serious tension in the sector. Bitcoin hash rate prices are still near lows, which means miners' profits are declining. Of course, when demand weakens, manufacturers like Bitmain are forced to cut prices to stay competitive.

Interestingly, the company is also actively offering hosting services for miners in the USA, Kazakhstan, Brazil, and other regions for $0.055–$0.07 per kWh. It seems Bitmain is trying to diversify and retain customers amid the challenging market situation. If the hash rate remains low, equipment prices may fall even further.