A growing number of Bitcoin miners are flogging their mining rigs on the second-hand trading platform Xianyu of Alibaba Groups after China’s ruling on ICOs and exchanges.
And owners are selling them at ridiculously low price. On the website of Cybtc.com, the price of a second hand Antminer goes from 2300 rmb to 13000 rmb.
Though Caixin reported last Sunday that the mysterious “close-to regulator” revealed that no plans are made to ban bitcoin mining, Chinese miners are concerned that regulations about banning mining farms might be imposed during the 19th NPC. And an insider revealed that Bitmain is transferring their mining services into overseas market as a way to react to regulation uncertainties.
http://news.8btc.com/chinese-bitcoin-miners-sell-used-mining-rigs-on-second-hand-markets
