Riot Platforms’ Bitcoin production hits ATH in January

1 year ago

Bitcoin (BTC) mining steadfast Riot Platforms produced a caller all-time precocious of 740 BTC successful January — a 62% year-on-year increase.

The steadfast sold 700 BTC during the period, generating $13.7 million, according to a Feb. 6 statement. It added that its BTC’s holding stood astatine 6,978 BTC arsenic of Jan. 31.

Riot hits caller ATH contempt ongoing repairs

Riot’s CEO Jason Les said the caller accumulation grounds was made contempt reducing its deployed fleet and hash complaint capacity.

Les disclosed that immoderate conception piping of the firm’s  Buildings F and G successful its Texas-based Rockdale Facility was damaged during the December winter storm. According to him, the 2 gathering relationship for astir 2.5 EH/s of its hash complaint capacity. He added:

“We person successfully brought Building F backmost online, representing 0.6 EH/s of impacted hash complaint capacity.”

Meanwhile, the harm would hold its targeted full hash complaint capableness of 12.5 EH/s for the archetypal 4th of 2023.

As of Jan. 31, Riot had deployed a fleet of 82,656 miners. The fig would emergence to 83,808 miners erstwhile it deploys 1,152 machines — this would bring its full hash complaint capableness to astir 9.4 EH/s.

The station Riot Platforms’ Bitcoin accumulation hits ATH successful January appeared archetypal connected CryptoSlate.

View source