Riot Blockchain Inc. focuses on bitcoin mining, supporting the bitcoin blockchain by participating in Bitcoin’s consensus system through proof-of-work mining, racing to find the next block and building upon the chain. We aim to be one of the largest and lowest-cost producers of bitcoin in North America.
Bitcoin mining is Riot Blockchain’s strategic focus and we are committed to the expansion of our operations.
As part of Riot’s 2020 transformation, we have completely upgraded our fleet of mining hardware and continue to deploy new machines. We expect to have 1.45 EH/s online by Q2 2021.