Bitcoin-Mining Machines: For Sale on Deep Discount
The most efficient bitcoin-mining machines are selling for 77% less than last year. The machines, used to process transactions, currently cost about $24 per 100 “terahashes,” a measure of the machine’s computing power, according to mining-services firm Luxor Technology Corp. Last year the same machines cost about $106. Mining companies like
Core Scientific Inc.
CORZ 5.29%
expanded rapidly during the bull run, sometimes borrowing hundreds of millions to buy hardware and…