Riot Platforms to add 33,000 Bitcoin miners ahead of 2024 halving

Cointelegraph

Published Jun 27, 2023 02:21AM ET

Updated Jun 27, 2023 04:00AM ET

Riot Platforms — one of the world’s largest Bitcoin (BTC) mining companies — has bought 33,280 “next-generation” Bitcoin miners for its Texas facility, costing $162.9 million.

The rigs, which were sourced from mining manufacturer MicroBT, will boost the firm’s self-mining capacity by 7.6 exahashes per second (EH/s) and comes “in advance” of Bitcoin’s next halving cycle, which is set to take place in mid-2024.

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