Bitcoin mining company Riot Platforms has purchased 33,280 mining units for $162.9m for its Texas facility. The machines will be implemented in the first quarter of 2024 and will raise Riot’s self-mining capacity to 20.1 EH/s. The rigs will include immersion cooling systems, and the purchase may be followed by 66,560 M56S++ units by December 2024, increasing self-mining capacity by 15.3 EH/s. Riot CEO Jason Les called the newly purchased models “among the most powerful and efficient miners ever made for Bitcoin mining.”

AI Sentiment: Positive