Bull Preparation Before Halving From Giant Bitcoin Miner: 160 Million Investment!

Riot Platforms, one of the largest miners in the world, announced that it has ordered 33,280 mining devices, accelerating its preparations before the Bitcoin (BTC) halving.

US-based Riot Platforms, its new facility for Bitcoin mining Corsicana world’s second largest producer for from MicroBT 33,280 devices announced the order. These new devices power the company’s total mining power. An additional contribution of 7.6 EH/s will provide. Riot offers all Bitcoin mining devices $162.9 million made the payment.

Out of 33,280 devices ordered M56S+ 8,320 of which has 220 TH/s per second remainder of the model 24,960 machines M56S++ with 230 TH/s consists of the model. While the devices are expected to be delivered by the end of this year, the installation and integration process is planned to be completed in the first quarter of 2024.

MicroBT, M56S+ and M56S++ models have produced so far. The two most powerful Bitcoin mining devices stressed that.

However, under the agreement between Riot and MicroBT Up to 66,560 additional M56S++ purchase options was also added. The company will be able to add new devices to its structure by using this option in the coming period.

Riot Platforms CEO making a statement about the acquisitions Jason Les He stated that this gigantic order was preparation for the halving:

Riot is excited to announce our first order of Bitcoin miners for our Corsicana facility from MicroBT. These new models are among the most powerful and efficient miners ever built for Bitcoin mining and feature special cooling system designs like the ones that will be used at our Corsicana facility. Our fleet efficiency, which was already strong before the Bitcoin halving, will increase with these devices.

According to data provided by Nicehash, the approximate value for the next Bitcoin halving 286 days there is. Along with halving, the reward given to miners for a block, from 6.25 BTC to 3.125 BTC will fall.

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