Bitcoin decline has broken down the cost of mining machinery has been liquidated

Bitcoin's offer broke through the $4,300 defence this afternoon, while the RMB's offer fell below 30,000 yuan, falling by more than 17% in 24 hours. In the continuous decline, Bitcoin price has broken through many mining machine cost prices, distributed in some small and medium-sized mines in Xinjiang, Inner Mongolia and so on. In the continuous decline of the currency price, it has been helpless to resell the second-hand miners in liquidation. A year ago, the price of a mining machine with a price of up to twenty-one thousand units was only 1000 yuan. Similar to the liquidation site, in November 20th, a force management platform also issued a winding up announcement. According to a platform called Calculator Investment, ants S9 contract has been unable to pay management fees and electricity fees for 10 consecutive days from November 7, 2018 to November 16, 2018. According to the Computational Power Services Agreement, if the revenue of the contract for ten consecutive days is insufficient to pay management fees and electricity costs, the Computational Power Contract will automatically terminate.