Bitcoin miner Riot Platforms buys 33,000 units ahead of 2024 halving

France Nouvelles Nouvelles

Bitcoin miner Riot Platforms buys 33,000 units ahead of 2024 halving
France Dernières Nouvelles,France Actualités
  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 68%

Leading Bitcoin mining company, Riot Platforms, has purchased 33,280 mining units at a cost of $162.9 million for its Texas facility.

The deployment will happen ahead of Bitcoin’s second halving cycle, scheduled to take place in mid-2024.miner Riot Platforms has purchased 33,280 Bitcoin miners at a cost of $162.9 million for its Texas facility.on 26 June, announcing the deal. It states that the mining rigs, obtained from mining producer MicroBT, will increase the firm’s self-mining capability by 7.6 EH/s.

Riot Platforms CEO Jason Les said that once the machines are implemented in the first quarter of 2024, its self-mining capacity will rise to 20.1 EH/s. He also stated that “immersion cooling systems” are a major part of the rigs, such as those used in the company’s Corsicana location.

Of the 33,280 machines, 8,320 are M56S+ models with a hash rate of 220 TH/s; the rest of the 24,960 units are M56S++ devices with a hash rate of 230 TH/s. However, the rigs will not arrive until December. So, the deployment of these units will not take place until mid-2024. Bitcoin miner Riot also stated that it may purchase 66,560 M56S++ units by 31 December 2024. The purchase will increase its self-mining capacity by 15.3 EH/s. The miner may choose to execute this option entirely or partially.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

CryptoAmb /  🏆 22. in CA

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

FBI and Homeland Security ignored ‘massive amount’ of intelligence before Capitol riot, report saysThe Senate panel report details how the agencies failed to recognize and warn of the potential for violence as some of Trump’s supporters openly planned the siege in messages and forums online
Lire la suite »

Bitcoin’s activity stagnates despite price uptrend: Here’s whyBitcoin’s activity stagnates despite price uptrend: Here’s whyBitcoin breaks through $30,000, hinting at a bullish trend. However, the market remains transitional, requiring further development before establishing a sustained upward trend.
Lire la suite »

Bitcoin: Short-term holders see profitBitcoin's recent surge beyond $30,000 has propelled short-term holders into profit, while the bullish trend continues to dominate, indicating positive prospects for the cryptocurrency.
Lire la suite »

Bitcoin June 26 daily chart alert - Bulls have solid technical advantage(Kitco News) - Monday, June 26--July Bitcoin futures prices are firmer in early U.S. trading Monday and on Sunday hit another contract high.
Lire la suite »

Fever over BlackRock’s bitcoin fund faces chill of rate hikes and regulationsETF ould attract investors reluctant to buy the high-risk cryptocurrency directly
Lire la suite »

HSBC Hong Kong enables trading of three Ether, Bitcoin ETFs(Kitco News) - HSBC Hong Kong has enabled the trading of bitcoin and ether exchange-traded funds (ETFs) listed on Hong Kong's stock exchange.
Lire la suite »



Render Time: 2025-03-06 23:24:36