Crypto Miner Bitmain Will Pay Compensation if BTC Drops

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Mining equipment manufacturer Bitmain has recently launched a protection system against market volatility for its customers, according to local media.

For the purchase of its S19j XP installation, the company promises to reimburse customers $1.89 per Th of capacity should the price of Bitcoin drop more than 20% within three months.

These funds will be stored in the customers’ balances to be used to purchase any product from Bitmain. This program also applies to past buyers of the same model.

Moreover, Bitmain recently unveiled its newest addition, the Antminer S21, which offers energy efficiency of less than 20 J/TH.

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.