Prices on "ASIK" collapsed to annual lows.ASIC miners (one of the most popular hardware for mining) are selling at their lowest prices since the May 2021 peaks.
A curious fact (look at the chart): at first, the cost of miners was directly dependent on the bitcoin exchange rate, but in recent months this correlation has broken down. Here's why: During the bull market, companies were actively taking out loans and mortgaging their assets, just to get more hardware for crypto mining.
And during the year, many companies were forced to repossess miners, unable to pay their loans, which also had a strong impact on prices.
