2 years ago
The miners volition beryllium mostly positioned astatine a upwind workplace successful West Texas and thousands much miners are scheduled to deploy passim 2022.
- River has purchased 3,000 miners expanding its hosting services.
- The institution has thousands much miners scheduled for deployment this year.
- The bulk of the purchased miners volition beryllium powered by a upwind workplace successful West Texas.
River, a bitcoin-focused fintech company, has purchased 3,000 application-specific integrated circuit (ASIC) miners which volition mostly beryllium wind-powered successful West Texas, per a press release.
"While different companies are closing down mining operations, we are expanding and rapidly increasing our Bitcoin mining segment," says Alex Leishman, River CEO.
Truly, the mining manufacture has suffered astatine the hands of a carnivore marketplace which has caused miner capitulations and liquidity concerns for mining services. However, similar River, determination are galore bitcoin mining firms who are thriving successful this situation and utilizing the marketplace arsenic a growth opportunity.
"Our clients scope from individuals with 1 miner to household offices and concern funds gathering mining fleets,” Leishman continued.
Indeed, River allows a precocious level of accessibility by allowing its users to acquisition bitcoin miners straight connected its iOS mobile app. Accounts connected the River app volition besides amusement mining payouts which are deposited regular portion besides showcasing miner portfolio performance, arsenic good arsenic idiosyncratic miner output.
Furthermore, the institution hosts the miners for those looking to instrumentality a much hands-off attack to mining. Thus, portion users tin acquisition and ain their ain miners, River tries to marque the enactment of mining much accessible.
"River is cleanable for anyone who wants vulnerability to Bitcoin mining without the operational complexities," says Leishman. "Our mining merchandise is an important measurement towards our imaginativeness of making Bitcoin accessible for everyone."
In addition, River has “thousands much bitcoin mining machines” which are scheduled for installment passim the remainder of this twelvemonth to proceed gathering retired its hosting services.
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