Riot Platforms, the largest public U.S. Bitcoin mining company in terms of developed capacity, has made a groundbreaking announcement regarding a partnership with Bitcoin ASIC manufacturer, MicroBT. The two major bitcoin companies will bring the production of MicroBT’s ASICs to America. The collaboration aims to secure miners for Riot’s Corsicana facility, significantly boosting the company’s mining capabilities. According to a press release shared with Bitcoin Magazine, this development comes as Riot’s Corsicana facility is set to increase the company’s developed capacity to 1.6 GW.
“This agreement directly repudiates every major criticism of our industry,” the press release stated. “For those concerned about our energy consumption, these machines will be more efficient than ever … For those who say Bitcoin mining data centers do not actually create jobs, we are helping to create hundreds of jobs, between the MicroBT manufacturing facility in Pennsylvania, and our state of
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