Summary
- Riot Platforms announced that it mined 514 BTC in May.
- It stated that this figure is a 139% increase compared to the same period last year.
- Riot Platforms reported selling most of the Bitcoin mined in May at an average of $102,591, earning $51.3 million in revenue.
In May, Bitcoin (BTC) mining company Riot Platforms mined 514 BTC.
According to CoinDesk on the 3rd (local time), Riot Platforms mined 514 BTC last month. This figure represents a 139% increase compared to the same period last year.
However, Riot Platforms reportedly sold most of the Bitcoin mined in May at an average of $102,591, generating total revenue of $51.3 million.
As of 11:47 PM, on the Binance USDT Market, Bitcoin is trading at $106,263, up 1.96% in the past 24 hours.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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