14 Nov '17, 8am

Bitcoin Price Gains Sees Swell Among Singapore Miners

Twitter Linkedin Facebook Reddit Weibo Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. A bitcoin mining company in Singapore is seeing a rising number of customers purchasing mining rigs as the cryptocurrency gains in value. SG Mining, based in Singapore, has seen sales shoot up in recent months. In July, the company was selling 15 mining rigs, but now it’s seeing sales of around 100 per month. Dexter Ng, one of the team members who builds the mining hardware and sell them, said to Channel News Asia : Customers come in and order 50 rigs on their own. Compared to last time, probably one person only buys one or two. Now we get customers who buy 10, 20 or even 50. Each of the mining rigs sells for between S$5,000 to over S$6,500, depending on its processing power. This rise in the number of customers comes at a time when bitcoin saw its val...

Full article: https://www.cryptocoinsnews.com/bitcoin-price-gains-sees-...

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