Summary by Moomoo AI
On April 18, 2024, Riot Platforms, Inc., a prominent Bitcoin mining and digital infrastructure company, announced the energization of its second large-scale bitcoin mining data center, the Corsicana Facility, located in Corsicana, Texas. The energization marks a significant milestone in Riot's strategic initiative to expand its mining operations and is a step towards achieving a self-mining hash rate capacity of 31 EH/s by the end of 2024. The Corsicana Facility, once fully developed, is expected to be the largest known Bitcoin mining facility in the world by capacity, with a total capacity of 1 GW. The operational substation will initially support a 400 MW phase of development, contributing an additional 16 EH/s to Riot's self-mining capacity. The first batch of...Show More