Bitcoin News

Singapore Mall Sells Cryptocurrency Mining Hardware 

Johnny | the Btc Casino Players, 6 years ago 3 min read 484  

When would you expect it will be possible to have a cryptocurrency mining rig right from the shelf in your neighborhood mall?
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At least five pc stores are currently selling cryptocurrency mining replacements from Singapore’s Sim Lim Square, according to a report from the area. The six-story complicated is mostly known for bringing tourists from around Asia with its economical electronics, shopping deals, and several computer spare parts and service shops. But Singaporeans these days need more cryptocurrency hardware compared to another knockoff mobile phone or gambling laptop, and local companies are adopting to fulfill this requirement.

Singapore Mining Mall

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Another shop operator, Trecia Tay, has not sold any mining replacements but clarifies she currently receives about ten questions about them every week, five times the quantity of questions from only three weeks ago.
One shop owner, Wilson Josup sells approximately ten channels on a weekly basis, up from only one or 2 when he first started promoting them about six weeks ago. He said that based on customer testimonials, letting a S$4,000 rig operate per month non-stop can earn around S$ 400. And clients range to customers from people in their 20s, he told the South China Morning Post. “Most of my clients would request me to help transfer the rigs in their houses to a data centre because they do not like the heat and noise,” noted Josup, including that his profit margin on every rig was around 10 percent.
Images courtesy of Shutterstock.

Cryptocurrency miners at Singapore can now buy their rigs pre-assembled right at the mall as much more retail computer hardware shops enter this booming industry. This is another powerful indication of how retailers are far away from their traditional costumers such as PC players, all because of the allure of cryptocurrency earnings.