Bitcoin mining machine weekly market analysis and quotation (2016-04-11)

According to the news on April 11, the price of Bitcoin fluctuated slightly last week, fluctuating around 5%, and the price of second-hand mining machines remained stable. Last Monday, the price of Bitmain Antminer S7 continued to drop by 100 yuan per week, which did not have much impact on the second-hand market.

As for Avalon, according to official sources, the price for individual orders is close to the reserve price, but preferential prices can be negotiated for large quantities.
In addition, the popularity of Ethereum mining machines last week has caused a shortage of graphics cards in the market. If the price of Ethereum can remain stable, it is believed that there will be another wave of buying craze.

Sichuan's flood season (end of April) is coming, and if the electricity during the flood season is not used for mining, it will be wasted. Sichuan mine owners will definitely prepare in advance, and their purchasing intention will increase, and the demand for second-hand mining machines will gradually increase.

The following is the reference price for last week’s market conditions. The actual price shall be subject to the final transaction price.