A U.S. firm expects to double its Bitcoin hashing power after the purchase of 4,800 new S19J mining rigs from Bitmain.
US firm splashes out on 4,800 Bitcoin miners worth $34M
The company said it held more than $94 million in crypto as of March 31, all from Bitcoin it has mined.
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Riot Blockchain has purchased a further 5,100 Antminer S19 Pros, with the firm targeting an operational hashrate of 2 exahashes per second by June 2021.
Riot Blockchain buys 5,100 S19 Pro Antminers, aims for 1.66% of hashrate