Riot Platforms Buys Block Mining for $92.5M to Boost Hash Rate and Expand Reach
The Dynamism of Digital Treasure Hunts: Riot Platforms' Strategic Expansion In an era where digital gold rushes dominate headlines, Riot Platforms, a titan in the American bitcoin mining landscape, has notably amplified its operational capacity and market presence through a savvy acquisition With a strategic move worth $92 5 million, Riot Platforms acquired Kentucky's Block Mining, marking a significant milestone in their growth journey Breaking Down the Acquisition On July 24, Riot made a pronounced leap in its quest to redefine the dynamics of bitcoin mining The intricacies of the deal entail an $18...
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