Home News 3,000 New S17 Pro Antminers Start Operation at Riot’s Oklahoma Crypto Mine

3,000 New S17 Pro Antminers Start Operation at Riot’s Oklahoma Crypto Mine

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Digital foreign money mining agency Riot Blockchain has begun deploying round 3,000 new models of S17 Pro Antminers as a part of the total improve of its Oklahoma City mining facility.

Per a Jan. 8 press release, Riot now operates almost 3,000 extra S17 Pro Antminers it bought from Chinese mining big Bitmain. The new mining machines are arrange at Riot’s Oklahoma City mining facility, with the corporate using extra workers to use the brand new miners and speed up the improve course of.

Full improve

In mid-December of 2019, Riot announced a purchase order of an extra 1,000 S17 Pro Antminers from Bitmain, which it anticipated to obtain in January. As such, the total improve of Riot’s Oklahoma City mining facility to the the brand new S17 Pro technology of mining gear may very well be accomplished through the subsequent 4 weeks.

Riot anticipates that following the deployment of all 4,000 next-generation miners, its combination working hashrate at the Oklahoma City mining facility will attain roughly 248 petahash per second, representing a 240% improve in {hardware} energy effectivity in comparison with Riot’s mining hashrate. At the identical time, Riot expects that complete deployment of the 4,000 new miners will signify round 90% of its Oklahoma City’s mining facility’s complete present capability.

As Cointelegraph beforehand reported, Riot reportedly paid round $1.35 million for the extra 1,000 S17 Pro Antminers, or roughly $1,350 per rig. The retail worth listed on the Bitmain web-store is $1401 per unit, though this was unlikely to incorporate native gross sales tax.

In April 2019, Riot filed with the Securities and Exchanges Commission to launch a brand new regulated cryptocurrency trade known as RiotX within the U.S. by the tip of Q2 2019. The deliberate trade’s customers can be allowed to create accounts linked to accredited banking establishments within the U.S., and switch and maintain each fiat and cryptocurrencies. As of right now, nonetheless, the event has not been applied.

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