Riot Blockchain has purchased a further 5,100 Antminer S19 Pros, with the firm targeting an operational hashrate of 2 exahashes per second by June 2021.
Nasdaq-listed Bitcoin (BTC) mining firm Riot Blockchain has announced a new purchase of 5,100 Bitmain S19 Pro Antminers, that are slated for deployment in February 2021.
The new miners will be purchased for $11.2 million, and comes hot on the heels of a $17.5 million deal for 8,000 S19 Pros that was inked with Bitmain on August 24.
Riot expects to achieve positive cash flow during late 2020 and reach an operational hash rate of 0.55 EX/s before the end of the year.