Bitmain Slashes ASIC Mining Hardware Prices Amid Market Turmoil
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 26 2025- Significant Price Cuts: Bitmain has implemented substantial price reductions on multiple generations of mining hardware, with discounts of $7 per TH/s on S19 and S21 series, reflecting severe compression in mining profit margins and forcing operators to consider shutting down operations due to economic pressures.
- Deteriorating Market Conditions: The hashprice for Bitcoin mining has plummeted to a multi-year low of nearly $35 per TH/s/day, significantly below the breakeven point of $40, presenting unprecedented profitability challenges for miners in an increasingly competitive landscape.
- Rising Energy Costs: Following the April 2024 halving event, miners are turning to renewable energy to cut variable costs; however, Bitcoin's price has crashed from a high of $126,000 in October to a low of $80,000 in November, exacerbating survival pressures within the industry.
- Uncertain Future Outlook: Despite forecasts for 2025 to be a stellar year for Bitcoin, the reality has been a continuous price decline, with current Bitcoin prices over 7% lower than at the start of 2025, leaving mining companies facing existential threats and an uncertain industry outlook.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
