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Mining Cointelegraph

Coming to Texas: Riot Blockchain announces plans to move NY miners to Lone Star State

Moving rigs from New York to Texas was part of Riot's effort to reduce the firm’s operating expenses through lower power costs and eliminate “all third-party hosting fees.”

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Coming to Texas: Riot Blockchain announces plans to move NY miners to Lone Star State

Moving rigs from New York to Texas was part of Riot's effort to reduce the firm’s operating expenses through lower power costs and eliminate “all third-party hosting fees.”

Why this matters

This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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