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Bitcoin Miner Riot Acquires 31,500 Mining Machines

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

Mining / freepik

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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

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