Riot Purchases 7.6 EH/s Of Next Generation Miners From MicroBT For Total Consideration Of $162.9M
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Riot Blockchain has purchased 7.6 EH/s of next-generation miners from MicroBT for a total consideration of $162.9 million, expanding its mining capacity.
June 26, 2023 | 1:04 pm
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Riot Blockchain's purchase of 7.6 EH/s of next-generation miners from MicroBT for $162.9 million will increase its mining capacity.
The acquisition of next-generation miners will increase Riot Blockchain's mining capacity, making it more competitive in the cryptocurrency mining industry. This could lead to higher revenues and potentially a positive impact on its stock price in the short term.
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