The miner now holds practically 4,000 bitcoin and expects to achieve a hash fee capability of 8.6 EH/s in 2022.
- Riot Blockchain mined 464 BTC in October 2021, a 433% improve over its October 2020 manufacturing of 87 BTC.
- The corporate now holds practically 4,000 bitcoin, all produced in-house.
- Riot expects to accommodate a hashrate capability of round 8.6 EH/s by the top of subsequent yr.
Bitcoin mining firm Riot Blockchain produced 464 bitcoin in October, a 433% improve in comparison with its manufacturing of 87 BTC in the identical month final yr, in accordance with a press release. Contemplating January to October manufacturing, the miner elevated its output by 257% yr over yr, having mined 2,921 BTC in 2021 and 818 BTC over the identical interval in 2020.
Riot additionally supplied particulars on its deployed equipment. The agency shared it at the moment has a mining fleet of 27,720 miners with a hashrate capability of two.8 exahashes per second (EH/s), with plans to extend it. Riot expects so as to add 9,000 S19j Professional bitcoin mining rigs bought by $54 million from Bitmain to its fleet between Could and October 2022.
“Because of this buy order, the Firm anticipates that it’ll have roughly 90,150 Antminers in operation, using roughly 284 megawatts of vitality, by This fall 2022,” per the discharge.
The corporate additionally elevated its estimates for subsequent yr’s hashrate capability. Riot beforehand introduced that it will home 7.7 EH/s by the top of 2022, however that quantity has now climbed by 11.7% to eight.6 EH/s.
All this mining energy is getting used to extend the corporate’s bitcoin holdings, which now quantities to three,995 BTC, in accordance with the discharge.
In October, Riot introduced it will begin establishing a new immersion-cooled bitcoin mining operation at its Whinstone facility. In complete, the miner would home 200 MW of energy and over 46,000 S19 sequence Antminer ASICs.
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