Riot about Bitcoin mining
Mining is not merely about minting new bitcoins but also providing value-added services to the blockchain economy and the energy sector, which major hashing operators rarely discuss.
Latest Riot Platforms News
Riot Platforms reports $28M Q2 loss, despite $13.5M from Texas power credits
Riot generated $77 million, with $13.5 million from its power curtailment credits with Texas’ grid operator ERCOT; Q2 loss is down by 92% from a similar period in 2022.
SBI Crypto sues Texas data center for deception
Riot Blockchain-owned Whinstone US allegedly lied about holding building permits and power contracts in Texas, leading SBI Crypto to lose millions of dollars.