Published on November 15th, 2017 | by bitcoin0
Singaporean Mining Increasing Hardware Demand
Mr. Dexter Ng of Singaporean company Mining.sg has reported growing demand for his company’s cryptocurrency mining hardware.
Mr. Ng told Channel News Asia that “customers come in and order 50 rigs on their own.”
Also Read: Central Bank of Singapore Sees No Reason to Regulate Cryptocurrencies
It Has Been Reported That Singaporean Demand for Mining Hardware Is Increasing
Mr. Ng’s business began when he and his friends started making powerful computers specifically built for cryptocurrency mining.
In recent months, the company reports having sold approximately 100 rigs per month – a significant increase from the 15 units that company sold in July of this year.
Mr. Ng states that previously “probably one person only buys one or two.
Now we get customers who buy 10, 20 or even 50.”
Mr. Ian Chan, a customer of Mining.sg, describes his initial trepidation when deciding to invest in cryptocurrency mining hardware.