Riot Nets $7.3M Power Credits in First Month Post Bitcoin Halving

Texas bitcoin mining firm Riot Platforms received $7.3 million in power credits in May, the first full month after bitcoin’s fourth halving, the company said on Tuesday. Riot reported in the latest monthly production update that it mined 215 BTC in May with an average hashrate of 8.8 EH/s, which accounted for only 60% of […]

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