April 25, 2024

Riot Blockchain, which uses bitcoin mining, is building a new farm in the USA

The Riot Blockchain company, engaged in bitcoin mining, has outlined production plans for this year, in accordance with whichThe city of Pockdale, Texac, will open the Whinstone facility.

</p>

By the fourth quarter of the next year, Riot plans to bring the hashrate of the new object to 7.7 extras per second (Ex / s).

This July was a very good month for Riot, since July 2020, the number of mined bitcoins increased by 771% and reached 444 clock times.

The increased profit was obtained due to the decrease in competition for the block, since the Chinese farms were forced to cease their activity on the use of power.

In the future, the company registered on the stock exchangeNasdaq, plans to increase production, for which they are already installing new miners Antminer S19, ordered from the Chinese manufacturer Bitmain Technologies Limited.

New devices will be fully deployed in September, thanks to which the farm will replenish 25 946 Antminer. This will increase the calculated hashrate to 2.6 Ex / s.

</p></p>