Riot Blockchain buys 5,100 S19 Pro Antminers, aims for 1.66% of hashrate

Cointelegraph

Published Aug 27, 2020 01:42AM ET

Updated Aug 27, 2020 03:20AM ET

Nasdaq-listed Bitcoin (BTC) mining firm Riot Blockchain (NASDAQ:RIOT) has announced a new purchase of 5,100 Bitmain S19 Pro Antminers, that are slated for deployment in February 2021.

The new miners will be purchased for $11.2 million, and comes hot on the heels of a $17.5 million deal for 8,000 S19 Pros that was inked with Bitmain on August 24.

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