Terry, the general manager of SC Miner, opened his session at Mining Disrupt Miami, recorded on July 25–27, 2023, by telling the room that he could not speak English very well. A colleague translated his remarks into English, and the quotes below are from that translation. When the session was recorded, Bitcoin traded at $29,125. On October 29, 2026, it traded at $79,778.
Terry said SC Miner Company Limited was established in Shenzhen, China, in 2017, and that its main business is ASIC miner trading and mining hosting. He said the company had seen the ups and downs of the crypto market in recent years along with the growth of the mining industry, and that its own growth depended on that industry.
Today, SC Miner has grown from two people to 100 employees now in multiple nations.
Terry · 1:32
The inventory model
The center of the pitch was stock. Terry said SC Miner runs regular buying programs with manufacturers including Bitmain and MicroBT, purchasing futures and spot machines in large numbers to build its own inventory system.
We maintain a monthly inventory of more than 10,000 units all year round.
Terry · 2:40
Those machines are then distributed to wholesalers around the world. He described the advantage as a large number of spot miners available at competitive prices over a long period. He also said there is no minimum order quantity, so a buyer can start with a single unit, and that the company wants to help more wholesalers grow and profit from trading mining machines alongside it.
Warehouses and sales
Terry said the company has three major warehouses.
They are located in Hong Kong, Senegal and Moscow.
Terry · 3:25
He also said SC Miner has warehouses in Hong Kong and Shenzhen that let it ship goods on the same day a customer places an order, using international carriers such as UPS or DHL. He said SC Miner employs more than 50 salespeople who work in several languages. He put SC Miner's sales in past years at 250,000 mining machines, worth more than 600 million U.S. dollars, and named honesty and professionalism as the two pillars of its business philosophy.
The downturn and the forecast
Terry then turned to the market. He said many miners lost big money during the drop that followed the 2021 high, and he named the pressures of the year before the talk.
In the past year, the depreciation of mining machines, the rise of electricity costs, and the increase of bank interest have brought gross harm to mining industry.
Terry · 6:21
He asked the audience not to lose confidence in Bitcoin and said he believed its future is bright. Then he gave the company's forecast.
We predict Bitcoin will reach $200,000 with the push of the Bitcoin halving.
Terry · 6:41
He said he hoped everyone in the room would earn enough at the next high point, and he invited attendees to visit SC Miner at booth 256. As of October 29, 2026, the $200,000 level he described had not been reached.