Riot Blockchain, a listed crypto mining company, purchased another 15,000 Bitmain S19 series mining machines

Riot Blockchain, a listed crypto mining company, purchased another 15,000 Bitmain S19 series mining machines

According to BlockBeats, on December 21, Riot Blockchain, Inc. (NASDAQ: RIOT), a US-listed mining company, announced that it would purchase and deploy another 15,000 S19 series mining machines from Bitmain, at a cost of approximately $35 million. These new mining machines are scheduled to arrive and be deployed in May 2021 and will continue until October 2021. After the arrival of the new mining machines, combined with the existing computing power, it is expected to significantly increase Riot's share of Bitcoin mining computing power. The specific data will increase from the previously announced 2.3 EH/s to 3.8 EH/s. According to previous reports by BlockBeats, Riot has previously purchased at least 16,000 Bitmain S19 series mining machines in batches.

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