Crypto clothing stores are selling bitcoin mining hardware and other items in an attempt to cash in on the booming cryptocurrency mining industry, Reuters reports.
In a bid to gain more exposure to the cryptocurrency industry, crypto clothing store Crypto Mining Supply in Miami is offering a variety of items for sale including bitcoin mining gear.
The clothing store, which also sells crypto mining hardware, has a bitcoin mining section on the store’s website, which can be accessed through the crypto clothing site.
Crypto Mining Supply has been selling the mining gear on the site since December.
Its website also contains other information about the mining equipment, such as a description of its price, a link to the mining site’s forums and an image of the gear.
The cryptocurrency mining gear can be bought for about $100, depending on the model and the quality of the mining hardware.
The site also sells mining gear that includes mining rigs, cooling systems, power supplies, and other mining equipment.
“Our mining gear is built to be reliable and will last a lifetime.
We are not selling mining hardware because of the high price but rather because it has been designed for mining, so the prices are much lower,” Crypto Mining’s website reads.
Bitcoin mining hardware is a type of computer hardware that uses a method called hash power to calculate the bitcoin network’s hash rate, which is used to verify transactions on the network.
The mining industry has been booming since the beginning of the year, with a spike in activity in early April.
In the week of April 18, the price of bitcoin hit a new record high of $4,890, according to CoinDesk, while a new bitcoin price was also set for April 26.
At the time, the cryptocurrency mining hardware market was worth about $7 billion, according a report by research firm CoinMarketCap.