Vietnam Sees High Demand For Crypto Mining Rigs Following Bitcoin’s Recovery

Vietnam has recently started recording high demand for crypto mining equipment as more people join the sector to mine cryptocurrencies like bitcoin, ether, and others.
Interestingly, the mining rig market in Vietnam saw a significant decline a few months ago after bitcoin lost more than 50% of its value and traded below $30,000 due to several FUDs from China.
However, with bitcoin now trading above $50,000, more people are looking to engage in mining activities and are increasingly purchasing rigs, VnExpress reported Monday.
Quang Thuan, an entrepreneur who owns a chain of shops that supply mining equipment in Ho Chi Minh City, revealed that sales have tripped in early September compared to the last month.
High Cost of Mining Rigs
The surging demand has made mining equipment more expensive in Vietnam, according to rig suppliers across the country.
A rig currently costs VND 30 million ($1,300) on average while the best-selling miners like those with processing units manufactured by AMD

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Źródło: https://cryptopotato.com/vietnam-sees-high-demand-for-crypto-mining-rigs-following-bitcoins-recovery/

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