The first-ever mining hardware marketplace just launched By Cointelegraph

The first-ever mining hardware marketplace just launched By Cointelegraph


The first-ever mining hardware marketplace just launched

Asic Jungle has launched a beta version of what it calls “the first-ever mining hardware marketplace” for cryptocurrency mining hardware. The company’s CEO Artem Bespaloff told Cointelegraph that he has created a trusted platform for second-hand mining equipment that operates without any middlemen:

A sample listing. Source: Asic Jungle.

The company’s solution to these problems is a two-sided marketplace that connects ASIC buyers and sellers in a secure and transparent environment. According to Bespaloff, ASIC brokers currently charge high premiums that are taking advantage of the market’s lack of price discovery mechanisms. He believes that these brokers create information asymmetry by withholding pertinent information.

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