Market Cap: $1,975,203,902,777
24h Vol: $64,901,144,366
Cryptocurrencies: 22845
Markets: 83121
Cryptocurrencies: 22845
Markets: 83121
Market Cap: $1,975,203,902,777     
24h Vol: $64,901,144,366
Seeking Alpha 2021-02-11 14:06:12

Riot Blockchain stock climbs as new miners to boost capacity to 1 EH/s

Riot Blockchain stock climbs as new miners to boost capacity to 1 EH/s
Riot Blockchain (RIOT) stock jumps 14% in premarket trading after announcing it will achieve an estimated hash rate capacity of 1.06 exahash per second with the deployment of newly received 2,002 S19 Pro Antminers."Riot continues to receive and deploy next-generation miners from Bitmain and remains on schedule to more than triple our currently deployed capacity by the fourth quarter of 2021," said CEO Jason Les.Riot continues to receive and deploy next-generation miners from Bitmain and remains on schedule to more than triple its currently deployed capacity by Q4 2021.The new 2,002 miners will bring Riot's total number of Antminers in operation to 11,542.Riot has an additional 26,100 S19 Pro and S19j Antminers on order with Bitmain, which are scheduled for shipment each month through October 2021.Bitcoin, which pushed past $48K again earlier today, recently traded at $47.5K, up 3.9%.See RIOT's total return in the past six months vs. Bitcoin and the S&P 500
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