Bitmain Sells 1,200 Bitcoin Miners to Nasdaq-Listed Riot Blockchain

[kreslik.news]

Riot Blockchain Inc., formerly Bioptix, Inc. (Nasdaq: RIOT), announced today that it has entered into a definitive agreement to acquire cryptocurrency mining equipment consisting of 700 AntMiner S9s and 500 AntMiner L3s,  manufactured by Chinese mining hardware giant Bitmain.

“The acquisition positions us to launch our cryptocurrency mining operations, at a time that Bitcoin and other digital currencies are gaining increased attention and adoption,” said John O’Rourke, President of Riot Blockchain. “We plan to leverage the mining technology to help realize our vision of becoming a leader in blockchain technologies. Mining bitcoin helps secure the bitcoin blockchain, while providing ... (read more)