Riot Blockchain Raises Hashrate Guidance by 11.7% for 2022

Riot Blockchain Raises Hashrate Guidance by 11.7% for 2022
Riot Blockchain increased its forecast for bitcoin mining computing power guidance to 8.6 exahash per second from previous guidance of 7.7 EH/s for next year, according to a statement on Wednesday.The Castle Rock, Colorado based miner cited a recently completed $54 million purchase order for 9,000 S19j Pro miners with Bitmain for the increase in its forecast. The mining computers are expected to be delivered and deployed from May through October 2022.Riot also said that the increase in its hashrate guidance doesn’t include any potential benefits from its 200 megawatt immersion-cooled technology, which is expected to increase the mining power…