Riot Platforms: Mined 514 BTC in May, a 139% Increase Month-over-Month
Publicly listed Bitcoin mining company Riot Platforms disclosed that its hash rate in May increased to 35.4 EH/s, a year-on-year growth of 142%; mining output reached 514 BTC, an increase of 139%. However, the company sold almost all newly mined Bitcoin at an average price of $102,591 per coin, generating $51.3 million in revenue. It is reported that Riot Platforms has acquired 355 acres of land near the Corsicana facility for the construction of a large data center. (CoinDesk)
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