Riot Blockchain To Purchase 42,000 Antminers For $138.5 Million

North American bitcoin mining corporate Revolt Blockchain will acquire 42,000 bitcoin mining rigs, upping its hash charge to 7.7 EH/s.

Colorado-based bitcoin mining corporate Revolt Blockchain has introduced a freelance to buy 42,000 S19j Antminers from Chinese language producer Bitmain for $138.five million, which can carry its hash charge capability to an estimated 7.7 exahashes in line with 2nd.

Revolt is scheduled to obtain about three,500 S19j Antminers per thirty days beginning in November 2021 and proceeding thru October 2022, as semiconductor chip shortages coupled with emerging call for for ASICs has left provide chains around the bitcoin mining business strained.

The acquisition aligns with Revolt’s strategic objective to extend the corporate’s overall hash charge which, as soon as those newest rigs are totally delivered and deployed, will overall 81,150 Antminers, 95 % of which would be the S19j style.

Revolt’s projection for corporate hash charge expansion, in line with the announcement.

Meghan Brooks, Leader Operations Officer at Revolt had the next to mention as a part of the announcement:

“Revolt’s present fleet of miners has already located the corporate as an American chief in Bitcoin mining. By means of just about doubling its deliberate hash charge capability, Revolt continues to take nice strides ahead in rising each the corporate’s and america’ percentage of the worldwide community hash charge. We’re pleased with this accomplishment and stay excited by proceeding to judge further alternatives within the house.”

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