Even though leading bitcoin mining manufacturer Bitmain doubled prices to capitalize on overwhelming demand resulting from the surge in the price of bitcoin, it still pre-sold three months of inventory in a few weeks. In early December, Bitmain was pre-selling bitcoin ASIC miners with an expected shipping date of May 2021, per CoinDesk’s prior reporting. Less than a month later, Bitmain has sold out through August 2021 and has raised its prices significantly. In late November, Bitmain’s Antminer S19 was priced at $1,897. Now, the same machine sells for $3,769 a 98% markup. Bitmain’s prices have gone up, said Kevin ... (full story)