In recent month, the U.S. mining industry has been abuzz with activity, fueled by a surge in demand for high computing power. NASDAQ-listed mining companies have been at the forefront of this frenzy, our miner inquiries pouring in from various quarters，all from large organization and company.
The catalyst behind this surge lies in the insatiable appetite for S21 and Whatsminer machines, which have become indispensable tools for mining operations. The numbers speak volumes – each big organization is clamoring for more than 10,000 units, indicating a seismic shift in the industry landscape.
Whatsminer, in particular, has found itself at the epicenter of this storm. The demand for its products has soared to unprecedented levels, so much so that production orders have been scheduled well beyond July. Such is the fervor that organizations are required to place orders three months in advance just to secure their share of these coveted machines.
However, even with such foresight, those eyeing procurement in the fourth quarter of 2024 might find themselves out of luck, as production orders are projected to extend into 2025, potentially missing out on the entire bull market.
The situation is not vastly different at Bitmain, another heavyweight in the mining equipment industry. Like Whatsminer, Bitmain is grappling with insufficient supply, leaving many prospective buyers in a state of dismay. It’s a seller’s market, with demand far outstripping supply, and the repercussions are being felt across the board.
What’s particularly striking about the current scenario is the contrasting behavior between institutions and retail investors. While institutions are making a beeline for mining machines, seemingly unconcerned about the costs involved, retail investors are adopting a more cautious approach, opting to wait and watch from the sidelines. It’s a tale of two mindsets – one driven by calculated risk-taking, the other by prudence and restraint.
Drawing from our wealth of experience in the industry, one thing is abundantly clear: now is perhaps the best time to invest in mining rigs. The urgency of the situation, coupled with the looming specter of missed opportunities, underscores the importance of acting swiftly. However, it’s crucial to note that this is not financial advice, but rather a reflection of the prevailing market dynamics.
In conclusion, the U.S. mining industry finds itself at a crossroads, grappling with unprecedented demand for high computing power amidst a backdrop of supply shortages.
The landscape is evolving rapidly, and those who adapt quickly stand to reap the rewards. Whether this surge in demand heralds a new era for the industry remains to be seen, but one thing is for certain – the time to capitalize on this opportunity is now.
