Brief Summary: Riot Platforms, a leading Bitcoin mining company, has invested $162.9 million in purchasing 33,280 advanced Bitcoin miners from MicroBT for its Texas facility. This upgrade is expected to increase Riot's self-mining capacity by 7.6 exahashes per second (EH/s) in preparation for Bitcoin's next halving cycle in 2024. Once fully operational, these new miners will raise Riot's total self-mining capacity to 20.1 EH/s. Although the miners won't be fully deployed until mid-2024, Riot is also considering the purchase of an additional 66,560 machines by the end of that year. In other news, Akron Energy, a Bitcoin miner, has bought a 200-megawatt mining facility in Ohio, marking its first expansion into the US following a recent $26 million fundraising event.
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