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International Suspension Announcement of Antminer Spot Gross sales

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Expensive Valued Antminer Customers,

In current instances, Chinese language prospects have been reselling
miners to withdraw funds or scale back the time that their mining {hardware} stays
in China. Nevertheless, the setup of mining farms doesn’t occur in a single day, and the
second-hand market is beneath stress. To help the trade in direction of a clean
transition, Antminer has quickly determined to droop international spot gross sales.

Kindly word that prospects who’ve already positioned earlier orders won’t be affected. Bitmain will proceed to promote futures orders from September onwards. The suspension of spot gross sales shall be from June to August.

Firstly of the 12 months, the market demand of miners was excessive, and provide was low. Because of Bitmain’s R&D and provide chain groups’ efforts, Antminer has achieved the elevated manufacturing capability for the longer term.

Confronted with the difficulties through the pandemic, Bitmain
workers have risen to the current problem and urgently traveled abroad to
the US, Canada, Australia, Russia, Belarus, Sweden, Norway, Kazakhstan, Angola,
Congo, Indonesia, and different nations to assist prospects supply high-quality
energy assets for the trade.

The event of Bitmain is inseparable from the assist
of its prospects. Bitmain adheres to the values of “long-term, loyal, and a
win-win” whereas striving to deal with the trade modifications, along with our
companions.

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