Bitcoin miner Riot Platforms reports record $211M Q1 net income
Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine.
Read moreRiot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine.
Read moreIf Marathon reaches its 50 EH/s target, it would mark more than a 100% increase in the firm’s hash rate since the start of 2024.
Read moreAccording to its latest financial report, Riot Platforms, one of the world’s largest Bitcoin mining and data center hosting firms, generated a record high in terms of revenue in 2023.
Read moreRiot Platforms and the non-profit association, the Texas Blockchain Council (TBC), have initiated legal action against the US Energy Department and associated entities, such as the Energy Information Administration (EIA) and the Office of Management and Budget (OMB), concerning their recent move to
Read moreThe U.S. authorities’ planned survey of Bitcoin miners’ electricity usage has drawn steep criticism from the mining community, describing it as the genesis of “Operation Chokepoint 3.0.”
Miners criticize the survey.