American mining company Riot Blockchain signed an agreement with Bitmain to purchase 42,000 Antminer S19j ASIC miners for a total of $ 138.5 million.
Riot Blockchain Announces Milestone Purchase Order of 42,000 S19j Antminers, Growing Total Hash Rate to 7.7 EH/s Upon 2022 Deployment #bitcoin #bitmain https://t.co/6Z56rbp49g
– Riot Blockchain (@RiotBlockchain) April 7, 2021
Bitmain will supply the mining company with 3,500 Antminer S19js each month from November 2021 to October 2022.
After deployment, the Riot Blockchain hashrate will increase by 3.7 EH / s. At the moment, the company’s computing capacity is estimated at 4 EH / s.
“Riot continues to increase the share of the company and the US as a whole in bitcoin hashrate,” said Megan Brooks, COO at Riot Blockchain.
Previously, Riot Blockchain planned to increase this figure to 3.8 EH / s by the end of 2021.
With the commissioning of the ordered equipment in operation, the Riot device fleet will be 81,150 Antminer miners, 95% of which are the latest generation S19 model.
In August 2020, Riot entered into an agreement with Bitmain to purchase 8,000 Antminer S19 Pros for $ 17.7 million, and then acquired an additional 5,100 devices for $ 11.2 million.
In October, the company paid for another 2,500 S19 Pro units. At the end of 2020, she ordered a new batch for $ 35 million.
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