Bitmain ASIC production bloats supply ASIC prices have plummeted over 2024 as post-halving hashprice continues to decline. But a glut in supply from over manufacturing could also be affecting demand and pushing down prices. “We are seeing more buyers and also wholesalers holding up their purchase post-halving. This is mainly driven by too much supply in the market, and also there’s greater uncertainty in machine prices and mining economics,” the head of an ASIC brokerage firm, who asked to remain anonymous