Riot Blockchain, a listed crypto mining company, purchased another 5,100 Antminer S19 Pros

Riot Blockchain, a listed crypto mining company, purchased another 5,100 Antminer S19 Pros

According to Blockbeats, following the announcement in mid-August of the purchase of 8,000 Antminer S19 Pro futures, Riot Blockchain recently announced the purchase of 5,100 Antminer S19 Pro from Bitmain, which it plans to receive and deploy in February 2021. According to this statistic, the company plans to receive and deploy a total of 13,100 mining machines in the first half of 2021.

In addition, due to the large order volume, Bitmain reduced the purchase price of 8,000 mining machines from $17.7 million to $17.5 million. Riot Blockchain disclosed that based on current factors, the company will achieve positive cash flow by the end of 2020, when the computing power is expected to reach 566PH/s. With the full deployment of new mining machines, it is expected to more than triple the computing power by the end of June 2021.

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