Riot Platforms, a Bitcoin miner, is making one of its largest hash-rate acquisitions in company history by purchasing 66,560 Bitcoin mining rigs from MicroBT. This significant order, amounting to $290.5 million, comes ahead of the scheduled Bitcoin halving in April 2024, with an average cost of $4,360 per machine, as mentioned in Riot’s December 4 statement.
Riot Platforms buys $291M in BTC rigs as miners rake it in from Ordinals
