Riot Blockchain (RIOT) will relocate a portion of its recently purchased Bitmain Antminer S17s to Coinmint's Massena, NY, facility for initial operational, security, and reporting controls testing and verification. Riot believes the hosting arrangement can positively affect its power costs, the Oklahoma City facility's heat and environmental operating issues, and provide a path to diversify its mining operations.The Coinmint facility offers a cost-effective solution to Riot's mining needs and allows Riot to potentially expand its total hashing capacity.
