Riot Purchases Bitcoin Mining Devices for $163 Million - Coinleaks
Current Date:September 21, 2024

Riot Purchases Bitcoin Mining Devices for $163 Million

bitcoinmining company Riot, Approximately 163 milliondollars from MicroBT mining devicehe bought.

The bullish scenario in cryptocurrencies also affected mining companies. Companies dealing with Bitcoin mining have recently started to increase their earnings. The biggest bitcoin miningone of the companies Riotmade a new investment by taking the market conditions behind it.

Riot, of MicroBTknocking on the door More than 33 thousand Bitcoins added the mining device to its inventory. The mining company told MicroBT for these devices. He paid $162 million.

Riot Bought Over 33,000 Bitcoin Mining Devices

Riot, from MicroBT 33,280 new Bitcoin mining doubled its capacity by purchasing the device. With this purchase, the production power of the facility It will increase to 20.1 EH/s.

Also, Riot has the option to purchase 66,650 new miner devices from MicroBT. Production power if the mining company exercises this option It will rise to 35.4 EH/s.

According to an announcement made the other day, new mining devices MicroBT will be established by These devices are owned by Riot in Texas. Corsicana will be sent to the facility. mining equipment over $162 millionIt is said to have a cost.