News with the tag "Jason Les"

Riot’s hash rate of 22 EH/s surpassed CleanSpark and Core Scientific and now only trails Marathon Digital’s 31.5 EH/s.

It adds to a prior agreement in which Riot bought 33,280 miners from MicroBT. The term sheet was also updated, allowing Riot to buy another 265,000 miners in the future.

It adds to a prior agreement in which Riot bought 33,280 miners from MicroBT. The term sheet was also updated, allowing Riot to buy another 265,000 miners in the future.

Bitcoin mining aided the Electric Reliability Council of Texas, or ERCOT, when the bitcoin mining company Riot Platforms reduced its power usage amid a Texas summer heatwave. Riot said in its most recent production and operations update that it received $31.7 million in power and demand response cre...

The new rigs will add 7.6 EH/s to the firm’s self-mining capacity. However, the rigs won’t be installed until the first quarter of next year.