Riot Blockchain (RIOT) produced 318 BTC in July
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Riot Blockchain Announces July 2022 Production and Operations Updates
August 3, 2022 9:00 AM EDTCastle Rock, CO, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) (Riot, Riot Blockchain or the Company), an industry leader in Bitcoin (BTC) mining and hosting, announces unaudited production and operations updates for July 2022.
Bitcoin Production and Operations Updates
In July 2022, Riot produced 318 BTC, a decrease of approximately 28% as compared to July 2021 production of 443 BTC, while significantly reducing overall power costs through effective employment of its proprietary power strategy.Riot earned an estimated $9.5 million in power credits as a result of curtailment activity, to be credited against its power... More