Bitmain has significantly reduced prices for its mining equipment, including the S19 and S21 series, in response to a downturn in the cryptocurrency mining industry. The company has also auctioned off some hardware bundles. Current hash rate prices have fallen to approximately $35 per terahash per day, marking a multi-year low. The decline in hash rate prices has increased anxiety among miners, as indicated by the fear and greed index. With prices dropping below the $40 breakeven point, there is speculation that miners may turn to altcoins as potential alternatives to maintain profitability.