Riot Platforms Acquires Rival Block Mining for $92.5m

Riot Platforms Acquires Rival Block Mining for $92.5m

In order to boost its operating capacity by 16 EH/s, Colorado-based Bitcoin mining business Riot Platforms purchased its rival Block Mining, located in Kentucky.  Bitcoin miner Riot Platforms has acquired Block Mining, a Kentucky-based crypto mining firm, for $92.5 million to expand its operational resources. The agreement instantly increases the company’s self-mining hashrate by 1 […]