Riot Blockchain (RIOT) Mined 421 BTC in June 2022

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Riot Blockchain Announces June 2022 Production and Operations Updates

July 6, 2022 9:00 AM EDT

Castle Rock, CO, July 06, 2022 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) (Riot, Riot Blockchain or the Company), an industry leader in Bitcoin (BTC) mining and hosting, announces production and operations update for June 2022.

Bitcoin Production and Operations Updates

·    In June 2022, Riot produced 421 BTC, an increase of approximately 73%, as compared to June 2021 production of 243 BTC.·    As of June 30, 2022, Riot held approximately 6,654 BTC, all produced by the Companys self-mining operations.·    In June 2022, Riot sold 300 Bitcoin, generating net proceeds of approximately $6.2 million.·    Riot currently has a deployed fleet of 42,455 miners, with a hash rate capacity of... More