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Ready-made cryptocurrency mining kits lure more than geeks in Singapore

cryptocurrency-mining rigs are on offer at a computer repair shop for S$5,500

Cryptocurrency mining
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A store-available mining rig sits on a desk at Wilson Josup’s office in Singapore | Photo: Bloomberg

Krystal Chia | Bloomberg
The volatile and mysterious world of cryptocurrencies is now a shopping mall away — at least in Singapore.
 
Ready-made computing machines used to facilitate transactions in Bitcoin and other digital currencies have appeared on the city-state’s shop shelves even as its central bank sounds a note of caution.

The availability of store-bought ‘mining rigs,’ each contributing its computing power to solve the complex mathematical problems needed to confirm transactions in digital currencies, means would-be cryptocurrency ‘miners’ in the country no longer have to assemble their own machines out of separate components. 
 
At Sim Lim Square, a popular shopping complex