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Riot Blockchain To Hit 2 EH/s In Total Hash Rate With New Purchase Of 5100 S19 Pro Antminers From Bitmain
Summary: Riot Blockchain continues its commitment to Bitcoin mining with the new purchase of 5,100 next generation Bitmain S19 Pro Antminers (110 TH) for USD $11.2 million from BitmainTech PTE. LTD., scheduled for receipt and deployment starting in February 2021.As far as the Company is aware, no other publicly traded Bitcoin mining company has disclosed a ...
Riot Blockchain continues its commitment to Bitcoin mining with the new purchase of 5,100 next generation Bitmain S19 Pro Antminers (110 TH) for USD $11.2 million from BitmainTech PTE. LTD., scheduled for receipt and deployment starting in February 2021.
As far as the Company is aware, no other publicly traded Bitcoin mining company has disclosed a hashing capacity exceeding 2 EH/s. Riot anticipates that based upon current factors, Riot would achieve positive cash flow in late 2020 when the Company's total hashing capacity is expected to reach 566 PH/s. With the full deployment of these 13,100 S19 Pros, Riot is expected to more than triple that hash rate capacity by the end of June 2021.
Tracy Chen
Tags: Bitmain,Hash Rate
Link: Riot Blockchain To Hit 2 EH/s In Total Hash Rate With New Purchase Of 5100 S19 Pro Antminers From Bitmain [Copy]
