Riot Blockchain buys 15K Bitmain Antminers, expects 65% hash rate increase

Riot Blockchain buys 15K Bitmain Antminers, expects 65% hash rate increase

Nasdaq-listed crypto firm Riot Blockchain purchases additional 15,000 Antminers from Bitmain for $35 million. Riot Blockchain, a Nasdaq-listed cryptocurrency mining company, has inked another deal with Chinese mining giant Bitmain to buy 15,000 Antminers. According to a Dec. 21 announcement, the Colorado-based firm expects the new purchase will contribute to an increase in its total Bitcoin (BTC) mining hash rate by 65%.The purchase cost Riot $35 million, comprising of 3,000 S19 Pro Antminers and 12,000 S19j Pro Antminers. The company expects to receive and deploy the new miners starting....


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