5000 Bitcoin mining devices will be installed in New York!

By DHEagle | CryptoTent | 19 Jul 2020


The Bitcoin mining company Riot Blockchain, listed on Nasdaq, has significantly increased its capacity. The capacity of the company will increase by 45 percent after the installation of the new Antminer S19 PRO machines.

As of yesterday, it was stated that one thousand Antminer S19 PRO devices reached the company. It has been noted that Riot has placed 3 orders for machines and this is the first batch and that the machines will be taken to the company's facilities in Massena, New York.

It was interesting that the company moved its activities to a big city. According to media reports, the biggest reason for the company to make this decision is cheap electricity in New York.

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5 thousand machines in total!

The mining company started the establishment of the new Antminer S19 Pro. The machines are expected to start working at full capacity at the Massena plant starting tomorrow. After the institutions, the number of mining machines of the company will increase to 5 thousand. Currently, Riot has 4,000 Antminer S17 PRO products. A thousand new S19 PROs will be added to these devices.

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45 percent increase

With the installation of the new Antminers, the mining capacity of the company will increase by 45 percent. This means approximately 357 PH / s at 128 megawatts of power. When Riot receives other parts of the orders, it has a hash power of 566 PH / s and 129% capacity. The firm will receive 1040 S19 and 1000 S19 PRO at the end of July and September (or October), respectively.

Riot's policy to increase the number of mining machines is defined as part of the "reach exahash in one second" project.

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