Spot prices for new bitcoin mining hardware hit five-fold premium amid global chip shortage

Quick Take

  • The spot price premium of bitcoin mining hardware over their preorder prices has likely never been this steep
  • While bitcoin miners’ five-fold premium is in line with bitcoin’s price rally since November, a global chip shortage adds to the ongoing supply and demand imbalance
The latest spot stocks of the most powerful bitcoin miners are being quoted with a whopping 5X premium compared to their preorder prices.

Stay updated on Pro Crypto Ecosystems news by locking ACS tokens with The Block.

You can unlock at any time.*
No wallet? No problem. You can set one up for free. We recommend Torus for first-time users.
*a 2% locking fee will be added at the time of locking.