Quote from: BitMaxz on February 22, 2024, 04:32:21 PM

Quote from: FP91G on February 22, 2024, 04:07:34 PM

And what will happen to these ASICs next?
Will they be sold to other countries or disposed of?

I don't think they are going to dispose of these units I think they are going to sell them if they are no longer making any profit. It's too expensive to sustain a mining farm if you don't have a source to pay bills and maintenance except for those who have free power source.

I saw lots of sold units on Offordscott Telegram group, so I think some of these companies sold their units to Offordscott or used Offordscott as a broker or middleman to resell these units.

I have a question.

Why would any company buy huge numbers of used asic miners?

Or can they remold them or turn them to something that will be useful in the process of making a new latest asic miner?

Because this is the only way that this could make any sense, those companies that deal with waste products grind their irons and use them to make other things and since those Asics aren't profitable to mine anymore they are not useful for any mining company but the manufacturers who can still make use of the body components and stuff.

Am I making sense or completely wrong?