Riot Blockchain, a Nasdaq-listed crypto mining firm, announced that it has partnered with Bitmain, a leading BTC mining hardware provider, to purchase 42,000 mining machines.
According to the official announcement, the total value of the new purchase stands at around $138.5 million. Riot Blockchain is planning to increase its BTC mining hash rate through the latest deal. The company mentioned that it is expecting the first batch of 3,500 S19j Antminers to be delivered in November this year.
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