CryptoNow
  • Home
  • Market
  • Technology
  • Business
  • Blockchain
  • Regulation
  • Reviews
No Result
View All Result
CryptoNow
  • Home
  • Market
  • Technology
  • Business
  • Blockchain
  • Regulation
  • Reviews
No Result
View All Result
CryptoNow
No Result
View All Result

Bitcoin Miner Riot Acquires 31,500 Mining Machines

March 5, 2024
in Business, Mining
A A
Mining / freepik

Mining / freepik

Dalintis FacebookDalintisShare on Twitter

Bitcoin mining firm Riot Platforms Inc. announced on Feb. 27 that it had entered an agreement to purchase 31,500 Whatsminer M60S miners, valued at $97.4 million, from Microbt. From this order, approximately 14,500 next-generation miners are set to be “deployed in available capacity at the Rockdale Facility.”

Remarking on his firm’s purchase of the dual-purpose bitcoin miners, Jason Les, the CEO of Riot Platforms Inc., said:

Through our team’s constant focus on improving operations at our Rockdale Facility, we have identified currently deployed underperforming machines best suited for replacement. Replacing these under-performing miners with the new M60S model will have a positive effect on both our operating uptime and energy efficiency, as these are the most efficient miners ever produced by Microbt.

Tags: BitcoinRIOT

Related

Pi Network Price Surge: Is a Big Jump Ahead of Pi Day?

June 7, 2025

The Pi Network price has been showing signs of potential growth ahead of Pi Day, which falls on June 28....

Crypto Confidence Soars as Circle Makes Historic Wall Street Entrance

June 6, 2025

Stablecoin issuer Circle Internet made a sensational entrance on the New York Stock Exchange Thursday, with its shares more than...

Solo Bitcoin Miner Successfully Mines Block 899,826, Securing $330K in Rewards

June 5, 2025

A solo Bitcoin miner pulled off an incredible feat by successfully mining block #899,826, earning a reward of approximately $330,386....

Meta Investors Reject Bitcoin Treasury Review Proposal

June 2, 2025

Meta recently explored the possibility of allocating a portion of its cash reserves to Bitcoin, the world's oldest and most...

Gemini Powers Bitcoin Mining with Tesla Cybertruck

June 1, 2025

At the Bitcoin 2025 Conference, Gemini unveiled a live demonstration merging electric vehicle technology with Bitcoin mining. The company presented...

News

Reviews

What is Cryptocurrency? A straightforward explanation

May 11, 2025
Blockchain

Looking to invest in Cryptocurrency? Here is a Step-by-Step Approach

May 24, 2025
Coins

Pi Network Under Fire

May 22, 2025
AI

What is llms.txt?

May 27, 2025
Asset 1CryptoNow
Categories
  • AI
  • Blockchain
  • Business
  • Coins
  • Finance
  • Interesting
  • Market
  • Mining
  • News
  • Regulation
  • Reviews
  • Technology
Tags
AI Altcoin Android Binance Binance Coin Bitcoin blockchain BTC Chainlink ChatGPT Circle Coinbase Coindesk CoinGecko crypto Cryptocurrency Crypto exchange DOGE Dogecoin ETF ETH Ethereum Halving Hash rate Meta Mining Mobile news OpenAI pi coin pi network reviews RIOT Ripple Samsung SHIB Shiba Shiba Inu SOL Solana Stablecoin technology Telegram USA XRP
  • Newsletter
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Market
  • Coins
  • News
  • Mining
  • Technology
  • Blockchain

CryptoNow.