Bitcoin Miner Riot Acquires 31,500 'Next Generation' M60S Mining Machines Worth $97.4 Million

by Ron Effertz

Bitcoin miner Rebel Platforms Inc. acknowledged it expects to take supply as smartly as deploy 31,500 Whatsminer M60S miners value $97.4 million by the tip of July 2024. The addition of the new bitcoin mining machines is projected to increase the “self-mining” hashrate ability of Rebel’s Rockdale Facility to fifteen.1 EH/s.

Replacement of Underperforming Miners

Bitcoin mining firm Rebel Platforms Inc. presented on Feb. 27 that it had entered an agreement to purchase 31,500 Whatsminer M60S miners, valued at $97.4 million, from Microbt. From this recount, approximately 14,500 subsequent-technology miners are location to be “deployed in on hand ability at the Rockdale Facility.”

Basically based fully totally on a assertion, the final 17,000 miners will replace underperforming bitcoin (BTC) miners at the identical facility. Transport of the mining units is anticipated in Might maybe well and June of this one year. By the tip of July 2024, following the provision and deployment of all 31,500 miners, the self-mining hashrate ability of the Rockdale Facility is projected to increase from 12.4 EH/s to fifteen.1 EH/s.

Remarking on his firm’s purchase of the dual-cause bitcoin miners, Jason Les, the CEO of Rebel Platforms Inc., acknowledged:

Via our crew’s constant variety out improving operations at our Rockdale Facility, we now possess diagnosed at the second deployed underperforming machines most like minded for replace. Changing these below-performing miners with the new M60S model can possess a particular conclude on every our working uptime and vitality effectivity, as these are essentially the most surroundings friendly miners ever produced by Microbt.

Les stated that the acquisition of the new batch of miners no longer finest reaffirms Rebel’s dedication to low-payment bitcoin mining however additionally “further enhances its alternate-leading speedy into the future.”

Jordan Chen, the COO of Microbt, characterized Rebel’s purchase of 31,500 Whatsminer M60S miners as essentially the most up-to-date milestone in the bitcoin miner’s “ambitious lunge to construct a mining speedy of better than 100 EH/s in the impending years.”

Basically based fully totally on the assertion, the got M60S bitcoin miners are the firm’s most up-to-date technology of air-cooled machines with an effectivity rating of 18.5 joules per terahash (J/TH). They manufacture approximately 186 terahash per second (TH/s) per machine.

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