Bitcoin Miner Riot Blockchain Announces 1 Gigawatt Facility in Navarro County...
Riot Blockchain will begin developing a 1 GW facility in Navarro County, Texas expected to create 270 jobs and drive economic growth during its first phase.Riot Blockchain launches development of 1 GW facility in Navarro County, Texas for bitcoin mining and hosting. The development’s initial phase will see the facility with 400 MW of capacity and is expected to create 270 jobs in the local economy. The facility will be immersion-cooled and is expected to be operational by July 2023. Riot Blockchain (Nasdaq: RIOT) is one of the largest North American bitcoin miners and looks to extend their....
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The publicly listed bitcoin miner Riot Blockchain has announced the company has started development on a 1 gigawatt (GW) bitcoin mining facility in Navarro County, Texas. The development of 400 megawatts (MW) of capacity has been initiated on the 265-acre site and the team hopes to have bitcoin mining and hosting capabilities online by next year.
Riot Is Developing a 1 GW Bitcoin Mining Data Center — Company Plans for 400 MW of Capacity to Be Online by July 2023
Riot Blockchain (NASDAQ: RIOT) is expanding operations in Texas as it is currently developing a 1 GW mining....
Leading Bitcoin mining company Riot Blockchain announced its plans to expand its operations, via a press release. The expansion will allow the public company to increase its mining and hosting capabilities in different stages in the Navarro Country, Texas, the United States. Related Reading | Bitcoin Trading Volume Continues To Remain At Unusually Low Values The […]
The $650 million deal sees Riot Blockchain acquiring a major data center owned by Northern Data AG, one of its competitors. Riot Blockchain is continuing its Bitcoin (BTC) mining expansion efforts. Reports suggest that the U.S.-based miner is set to purchase Whinstone US Inc, currently owned by Northern Data.The planned purchase was announced via a press release by Riot Blockchain on Thursday, with the U.S. Bitcoin miner paying $80 million in cash. The remainder will come from the sale of about 12% of its stock to Northern DAG.Whinstone reportedly operates the single largest Bitcoin mining....
Riot announces a new immersion-cooled bitcoin mining operation that will increase their miner productivity.
Moving rigs from New York to Texas was part of Riot's effort to reduce the firm’s operating expenses through lower power costs and eliminate “all third-party hosting fees.” Crypto mining firm Riot Blockchain said it has begun relocating rigs from its New York data facility, with the majority intended to end up in central Texas.In a Wednesday announcement, Riot said it has transitioned some of its mining rigs from a Massena, New York facility — named Coinmint — as part of an effort to reduce the firm’s operating expenses through lower power costs and eliminate “all third-party hosting....