Riot Purchases 31,500 Miners From MicroBT to Enhance and Expand Self-Mining Operations at Its Rockdale Facility
Riot Platforms, Inc. (RIOT)
Last riot platforms, inc. earnings: 8/8 04:30 pm
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US:NASDAQ Investor Relations:
ir.riotblockchain.com
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Source: GlobeNewswire
Riot strengthens its self-mining operations by purchasing 31,500 WhatsMiner M60S miners from MicroBT. This strategic investment replaces underperforming machines, boosts mining efficiency, and adds additional hash rate capacity at the Rockdale Facility Order is for 31,500 MicroBT miners with a combined total of 5.9 EH/s purchased for $97.4 million, equating to approximately $16.50/THApproximately 14,500 miners in this order will add to self-mining capacity, the remaining 17,000 will replace currently under-performing miners at Riot’s Rockdale FacilityAll miners will be deployed at the Rockdale Facility, increasing the Company’s hash rate capacity at this facility to 15.1 EH/s by the end of July 2024In combination with hash rate growth at the new Corsicana Facility, Riot’s new 2024 year-end hash rate target is 31 EH/s CASTLE ROCK, Colo., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitco
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News
- Riot Announces First Quarter 2024 Earnings Conference CallGlobeNewswire
- Riot Energizes New Corsicana Facility in Navarro County, TexasGlobeNewswire
- Riot Announces March 2024 Production and Operations UpdatesGlobeNewswire
- Reformed Energy, a Waste-to-Energy Company, Secures Strategic Investment from Riot PlatformsPR Newswire
- Thinking about buying stock in SoundHound AI, Eli Lilly, Dell Technologies, NKGen Biotech, or Riot Platforms?PR Newswire
RIOT
Earnings
- 11/7/23 - Beat
RIOT
Sec Filings
- 4/18/24 - Form 8-K
- 4/16/24 - Form PRE
- 3/19/24 - Form 4
- RIOT's page on the SEC website