Bitmain is China’s largest maker of cryptocurrency mining machines
- said it had suspended sales of products in the spot market (earlier headline on this is here)
- to ease selling pressure on the secondary market
This comes of course after China’s crackdown on crypto mining. Makes ya think … perhaps demand from the domestic market dried up for their product? Dunno.
Bitmain adds that it is looking for quality power supplies overseas along with its clients.