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Riot Platforms—one of the largest Bitcoin mining companies in the world—is set to boost its hashrate capacity to new heights after purchasing 33,280 mining rigs from MicroBT, a leading manufacturer of the machines needed to mine new coins. The Application-Specific Integrated Circuit (ASIC) order adds up to $162.9 million, making it a standout purchase even among a slew of similar investments from competing firms this year. The machines themselves, however, aren’t scheduled for delivery until December 2023, and won’t be deployed until the first quarter of 2024. #riot #bitcoinmining #miners #purchased #cryptoonindia
Riot Platforms—one of the largest Bitcoin mining companies in the world—is set to boost its hashrate capacity to new heights after purchasing 33,280 mining rigs from MicroBT, a leading manufacturer of the machines needed to mine new coins.

The Application-Specific Integrated Circuit (ASIC) order adds up to $162.9 million, making it a standout purchase even among a slew of similar investments from competing firms this year.

The machines themselves, however, aren’t scheduled for delivery until December 2023, and won’t be deployed until the first quarter of 2024.

#riot #bitcoinmining #miners #purchased #cryptoonindia
Vanguard Group has increased its investment in the Bitcoin mining firms Marathon Digital Holdings and Riot Blockchain in two July 10 filings. Vanguard now owns 17.5 million shares in Marathon. That number is shown in the line detailing the aggregate amount beneficially owned by each reporting person in a filing submitted to the U.S. Securities and Exchange Commission (SEC). Another filing shows that Vanguard owns 17.9 million shares of Riot Blockchain, Marathon’s main competitor. Both filings were effective on June 30 but are dated July 10. #vanguard #riot #bitcoin #stake #cryptoonindia
Vanguard Group has increased its investment in the Bitcoin mining firms Marathon Digital Holdings and Riot Blockchain in two July 10 filings.

Vanguard now owns 17.5 million shares in Marathon. That number is shown in the line detailing the aggregate amount beneficially owned by each reporting person in a filing submitted to the U.S. Securities and Exchange Commission (SEC).

Another filing shows that Vanguard owns 17.9 million shares of Riot Blockchain, Marathon’s main competitor. Both filings were effective on June 30 but are dated July 10.

#vanguard #riot #bitcoin #stake #cryptoonindia
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