Riot Blockchain Buys America’s Largest Bitcoin Mining Facility for $651M

riot blockchain buys americas largest bitcoin mining facility for 651m

Sumary of Riot Blockchain Buys America’s Largest Bitcoin Mining Facility for $651M:

  • RIOT) is acquiring Whinstone US, Inc, a Texas-located data center operated by Northern Data AG, for a total of around $651 million, the Bitcoin mining company announced on Thursday..
  • North America Largest Bitcoin Mining Facility Whinstone is the largest known Bitcoin mining facility in North America..
  • Based in Rockdale, Texas, the facility spans across a 100-acre site and is hosting Bitcoin mining equipment in three buildings with a total area of 190,000 square feet..
  • Suggested articles “The acquisition of Whinstone is the most significant achievement in Riot growth to-date and positions Riot as an industry leader in Bitcoin mining,”.
  • “Riot will wholly own the largest Bitcoin mining facility in North America, with very low power costs, and one of the most talented development teams in the industry.”.
  • He further detailed that the new facility will serve as the foundation of Riot Bitcoin mining operations as the company is aiming to increase its footprint in the country…

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