Riot tripled its hashrate in 2022, according to a statement released Thursday.
Riot also tripled its hashrate capacity, the firm said.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Bitcoin miner Riot Platforms, Inc. reported revenue of $259.2 million for the year ending in December, which it says was a result of increased bitcoin production and a full year of hosting and engineering revenues.on Thursday.
“Riot’s industry-leading financial strength puts us in a strong position to continue executing on our aggressive growth plans, in 2023 and beyond,” said Jason Les, CEO of Riot Platforms.Bitcoin mining revenue slipped a bit for the miner, and it cited bitcoin’s lower value in the market. Bitcoin rose above $65,000 in Nov. 2021 but fell below $20,000 in parts of 2022.with the U.S.
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