Bitmain cut prices on Bitcoin mining rigs on Dec. 23 after miner revenue per unit of hashrate fell in November. The discounts, which extend to current-generation hydro and immersion products, are landing in a cycle in which Bitcoin’s price strength has not translated into the kind of mining-margin expansion that previously drove hardware scarcity and […] The post Bitmain just slashed mining rig prices, proving the market’s oldest “Bitcoin rule” is officially dead appeared first on CryptoSlate.