Riot Blockchain, a Bitcoin mining company based in Texas, produced 355 BTC in September this year. The news is part of Riot’s unaudited production and operations updates for last month, in which the company disclosed its BTC holdings, sales, and profits. According to the announcement, Riot’s 355 BTC production represents a 13% decrease as compared…
Riot Blockchain, one of Texas’s largest Bitcoin mining operations, earned around $9.5 million in power credits last month by turning off its miners. According to the company’s monthly report, Riot voluntarily curtailed its energy consumption in order to ensure more power would be available to ERCOT, which supplies power to 25 million Texans. Jason Les,…
Months after China kicked out crypto miners citing environmental concerns of the industry, a report from Foundry USA has shown that miners emigrating to the United States are seeking renewable energy sources for their operations. New York is attracting BTC miners According to the report from the biggest mining pool in North America and the…