Riot Blockchain reported on mining 406 BTC for September – Bits Media

Mining company Riot Blockchain reported, what was produced on the company’s equipment in September of this year? 406 BTC. Coins have been moved to Riot wallets, where is it stored 3 534 BTC.

As noted in the press release, Bitcoin mining growth in September this year compared to September 2020 the year was 346%. So, in September last year, Riot mined only 91 BTC.

In total, since the beginning of the year, Riot equipment has produced 2 457 BTC, What's on 236% exceeds the results of the same period last year, when was it mined 731 BTC. Currently the company's wallets contain 3 534 BTC, Moreover, all coins were mined by the company independently.

Riot currently manages 25 646 miners, whose total hashrate is 2.6 Eh / s. At the beginning of the year, the company ordered Bitmain from the Chinese manufacturer 42 000 ASIC miners S19j Antminer worth $138.5 mln.

At the end of September, the Chinese manufacturer supplied Riot with another batch of 2 000 devices. In the near future the equipment will be installed and put into operation. In this way, the company will manage 27 646 miners, and their power will be 90 MW at hashrate in 2.8 Mother / s.

Also in early October 4 000 ASIC miners must be shipped to Riot from the Malaysian Bitmain factory. Towards the end 2022 year, Riot management plans to increase the total hashrate of the company’s equipment to 7.7 Eh / s.