Major cryptocurrency mining hardware manufacturer Bitmain is making a major sale to Riot Blockchain (NASDAQ:RIOT), a Nasdaq-listed crypto mining company.
According to an Aug. 24 announcement, the firms signed a $17.7 million purchase agreement for 8,000 Bitmain Antminer S19 Pros that includes a delivery schedule of 2,000 units on a monthly basis starting in January 2021 until the order is complete.