This is the cheapest 4K HDR streaming machine out right now

Xiaomi's Mi Box is the cheapest 4K HDR streaming machine out right now

Xiaomi's Android TV set-top, the Mi Box, is out today, and though it's far from the only 4K-capable HDR streaming solution on the block, it might just be the cheapest.

First rumored it was aiming for the lower end last month, the Mi Box is officially going for a price favorable to both budget-conscious consumers and Bill & Ted - $69, dudes!

A challenger soon appears!

Alas, the Mi Box's time swimming solo in the cheap end may be short lived as Google's upgraded, 4K-capable Chromecast Ultra will reportedly match it in price.

The $69 plug-and-play puck is expected to make its debut at Google's big press conference tomorrow, alongside the Google Pixel, Pixlel XL, Chromecast Ultra, and other devices.

Until then, the Mi Box has a few hours to enjoy as the most cost-effective solution to streaming titles like Luke Cage or House of Cards in sweet, sweet 4K resolution.

The Mi Box can be purchased online today and plans to be in Walmart stores nationwide soon. The device is currently only available in the US, with no apparent plans by Xiaomi to take the Mi Box internationally at this time.

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Parker Wilhelm is a freelance writer for TechRadar. He likes to tinker in Photoshop and talk people's ears off about Persona 4.