Riot Blockchain (RIOT) produced 374 BTC in August
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Riot Announces August 2022 Production and Operations Updates
September 6, 2022 4:30 PM EDTCastle Rock, CO, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) (Riot or the Company), an industry leader in Bitcoin (BTC) mining and data center hosting, announces unaudited production and operations updates for August 2022.
Bitcoin Production and Operations Updates
In August 2022, Riot produced 374 BTC, a decrease of approximately 15% as compared to August 2021 production of 441 BTC, while significantly reducing overall power costs through effective employment of its proprietary power strategy.Riot earned an estimated $3.0 million in power credits as a result of curtailment activity, to be credited against its power... More