Crypto miners unload machines, sell components
CHINA Many cryptocurrency miners began to unload their machines, livestream selling graphics cards on e-commerce platforms when the prices of Bitcoin and Ethereum fell deeply.
has a direct impact on the psychology of miners. According to Sina, a large number of second-hand graphics cards are being pushed onto the market as the price of cryptocurrencies plummets. And Kotaku also described "tons" of cryptocurrency mining equipment currently being dumped by Chinese miners and some South Asian countries on e-commerce platforms.
in early June to pay off part of a $100 million loan to Galaxy Digital.