TL;DR: “For S17 + & T17 + products shipped in batches from mid-February to the end of April,” leading cryptocurrency mining manufacturer Bitmain announced of its popular AntMiner line recently, “as of April 12, we will issue price adjustment compensation coupons.”

Bitmain to Issue Price Adjustment Compensation Coupons for AntMiner

Application-specific integrated circuit (ASIC) mining rigs are pretty much exactly as the title suggests. They’re designed to mine cryptocurrencies as a sole function. And while early mining attempts clung to the hope personal computers could do the job, soon CPUs were overwhelmed by competition to find blocks and nab coveted rewards.

In that race, Beijing, China-based Bitmain has become a dominant player. Maintaining such a status is a difficult road as competitors look to innovate. Scheduled halvings for popular coins such as BTC and BCH provide added stress to ship machines better, faster. Bitmain’s premier line of AntMiner S17+ and T17+ seemed to fill miners’ needs, but this year’s looming inflation reward adjustments for top cryptos meant a new line: AntMiner S19 was introduced, which then caused prices to drop for previous offerings.

In response, Bitmain is issuing discount coupons of up to 10% to customers who purchased those previous lines prior to the price change. “Coupons are not changeable and non-cashable, and can only be deducted when purchasing mining machines, power supplies and accessories sold on our official website,” the company explained.

Coupons are valid from their date of issuance through “23:59:59 on December 31, 2020,” according to Bitmain. “If you have any questions, please call or contact the WeChat public account: ant pre-sale.” In late February, the mining giant revealed its AntMiner S19 series, a 95 TH/s and a 90 TH/s, “with a power efficiency of 34.5±%5 J/TH. The AntMinerS19Pro has a 110 TH/s and 105 TH/s model, both with a power efficiency of 29.5±%5 J/TH.”

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