Riot Platforms Mines 516 BTC in December 2024, Up 4% YoY
Bitcoin mining company Riot Platforms has released its unaudited production and operations update for December 2024, mining 516 BTC in December, a 4% increase YoY. 2024 saw Riot increase its deployed hash rate by 155%, outpacing the 52% increase in network hash rate over the same period. The company mined a total of 4,828 Bitcoins in 2024 and held 17,722 Bitcoins at the end of 2024, a 141 percent increase in holdings compared to the end of 2023.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Defence Therapeutics completes $9.6 million private placement at $0.55 per unit
Cyclezyme to buy Ragn-Sells melanin patent, pays via shares for 7.9% stake
8 in a Row: Ripple (XRP) ETFs Record Another Green Week but Warning Signs Return

XRP receives another boost through its partnership with Florida Sports
