Copy link
Increase text size
Decrease text size
Link copied

Riot Blockchain Bitcoin production up 346% YOY after mining 406 BTC in September 2021

The crypto mining firm also announced that it produced a total of 2,457 BTC from January to September this year.

Image by Bastian Riccardi from Pixabay

Thu, 07 Oct 2021, 17:29 pm UTC

Riot Blockchain reported a massive increase in Bitcoin production in its latest update for the third quarter. The crypto mining firm announced a 346 percent year-over-year increase for the month of September 2021.

The company announcement published on October 5, Riot Blockchain said it mined 406 BTC in September 2021. This is a 346 percent increase in production compared to the 91 BTC the company mined in September 2020.

The crypto mining firm also announced that it produced a total of 2,457 BTC from January to September this year. This is a 236 percent increase compared to its Bitcoin production of 731 BTC for the same period in 2020.

The company held around 3,534 BTC as of September 30, 2021. The firm’s Bitcoin stash all comes from its self-mining operations. Based on Bitcoin’s price of $54,250 at the time of writing, Riot’s crypto holdings is valued at around $192 million.

Currently, the crypto mining firm has around 25,646 Bitcoin miners in operation. Its fleet gives the company a total hash rate capacity of 2.6 exahashes per second (EH/s).

The company expects to beef up its mining capacity by November with the delivery of 2,000 S19J Pro Antminers for its Whinstone facility. “Riot anticipates that it will have a total of 27,646 Antminers deployed, utilizing approximately 90 megawatts (“MW”) of energy, with an estimated hash rate capacity of 2.8 EH/s,” the company said.

Riot Blockchain expects to further increase its mining capacity next year. The company said that 81,150 Antminers acquired from Bitmain will be delivered and deployed by the fourth quarter of 2022.

This will bring its total self-mining hash rate capacity to 7.7 EH/s. “Upon full deployment, the Company’s total self-mining fleet is expected to utilize approximately 257 MW of energy, with approximately 206 MW deployed at Riot’s Whinstone Facility and approximately 51 MW currently deployed at Coinmint, LLC’s facility,” Riot added.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • CarolBkankcard
  • 2022.06.01 11:47:26
Get $5,500 USD every day, for six months! See how it works. What'sApp : +393512615163

I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so much testimony about how Dark Web hackers send them the atm blank card and use it to collect money in any atm machine and become rich.
Email : [email protected]

Hangout : [email protected]

What'sApp : +393512615163

They also sent me the blank atm card. I have used it to get 90,000 dollars. withdraw the maximum of 5,000 USD daily. The Dark Web is giving out cards just to help the poor. Hack and take money directly from any atm machine vault with the use of an atm programmed card which runs in automatic mode.
  • 0
  • ·
  • 0
  • GregDalton
  • 2022.05.22 19:22:02
FOR OPTIONS ON HOW TO GET RECOVERY OF ANY FUNDS LOST TO ANY OF THE OPTONS BELOW ;
1. Binary option scam?
2. Forex trading?
3. Romance scam
4. ICO Scams
5. Online betting scams
6. Bitcoin scam
7. Phishing scam
or any other kind of scam?

If in any case you have lost funds to them or any other. I have a good news for you. Scams Rescue is currently recovering funds for all victims. Service delivery is top notch and second to none. Hurry and contact them on email: [email protected] Whatsapp: +15163299814
website: https://wzardgarryspeedhac.wixsite.com/my-site-1
  • 1
  • ·
  • 0
  • BarbaraEckman
  • 2022.05.21 19:08:15
I WAS ACTUALLY FOOLED AND SCAMMED ( $753,000 ) by someone I trusted with my funds through a transaction we did and I feel so disappointed and hurt knowing that someone can steal from you without remorse after trusting them, so I started searching for help legally to recover my stolen funds and came across a lot of Testimonials about WIZARD GARRY, an agent who helps in recovery lost funds, which I can tell has helped so many people who had contacted him regarding such issues and without a questionable doubt their funds was returned back to their wallet in a very short space of time, it took the expert 48hours to help me recover my funds and the best part of it all was that the scammers was actually located and arrested by local authorities in his region which was very relieving. Hope this helps as many people who have lost their hard earn money to scammers out of trust, you can reach him through the link below for help to recover your scammed funds and thank me later.
Email Address: [email protected]
Or WhatsApp: +15163299814... website: https://wzardgarryspeedhac.wixsite.com/my-site-1
  • 2
  • ·
  • 0
  • Randy12451
  • 2022.05.21 07:20:43
BITCOIN RECOVERY IS VERY MUCH REAL, AM A LIVING TESTIMONY!!!!

Have you ever gotten your bitcoins stolen from your wallet or invested in an ICO that turned out to be a scam, you are not alone because this happened to me too. I initially lost $90,000 in just 3 months from Cryptoallday, I contacted the authorities and they referred me to a bitcoin recovery company who helped me recover all my funds within less than 2 days... I`m speaking out to improve our awareness of these cryptocurrency thieves and help you if you have been a victim yourself. Simply send them an email [email protected]
Whatsapp or text: +15163299814, website: https://wzardgarryspeedhac.wixsite.com/my-site-1
  • 3
  • ·
  • 0
  • Nath
  • 2022.03.31 15:07:25
I'm so happy to share this with you that can read / see this now. When I started trading binary and forex a few months ago, I really didn't have the necessary tools to trade and I lost a lot until I met Pablo Martinez who taught me all about market psychology as he managed my account for me. Today I am grateful to him for his great offer and help because it really changed my financial situation with an investment capital of $1500 and now I'm earning around $35,500 - $30,000 profits per week. Here is his WhatsApp no: +44 7520 636249 or his email address: [email protected]
Https://www.facebook.com/PM-Fast-Trade-104912912155335/
  • 0
  • ·
  • 0
More
  • Bitcoin (btc) $20,826.00 (-0.99%)
  • Ethereum (eth) $1,197.76 (-0.27%)
  • USD Coin (usdc) $1.00 (+0.24%)
  • BNB (bnb) $235.10 (+0.22%)
  • Binance USD (busd) $1.01 (+0.35%)
  • Bitcoin (btc) $20,826.00 (-0.99%)
Jul 15, 2021 (Thursday)
13:30
BTC Surges by 1.16% Within 5 Mins, Marking 31,824.01 USDT
12:06
BTC Surges by 1.12% Within 5 Mins, Marking 32,104.8 USDT
10:25
BTC Drops by 1.03% Within 5 Mins, Marking 32,171.88 USDT
02:13
TriumphX Scouts 'MINAMCOMPANY' CEO Woo-Seong Lee As Creative Director
02:00
ETH Tops List Of Crypto Net Inflow With $298.96 Mln In Past 10 Hours
Jul 14, 2021 (Wednesday)
13:14
BTC Surges by 1.03% Within 5 Mins, Marking 32,738.08 USDT
09:03
BTC Surges by 1.01% Within 5 Mins, Marking 31,899 USDT
02:30
Crypto Market Sentiment On Jul 14: Market In "Extreme Fear"
02:00
ETH Tops List Of Crypto Net Outflow With $224.97 Mln In Past 10 Hours
Jul 13, 2021 (Tuesday)
02:30
Crypto Market Sentiment On Jul 13: Market In "Extreme Fear"
02:00
ETH Tops List Of Crypto Net Outflow With $178.61 Mln In Past 10 Hours
Jul 12, 2021 (Monday)
02:30
Crypto Market Sentiment On Jul 12: Market In "Extreme Fear"
02:00
BTC Tops List Of Crypto Net Inflow With $164.82 Mln In Past 10 Hours
Jul 11, 2021 (Sunday)
21:31
BTC Surges by 1.02% Within 5 Mins, Marking 34,475.6 USDT
10:00
ETH Tops List Of Crypto Net Inflow With $122.76 Mln In Past 18 Hours
06:17
SOBA Listed On LATOKEN
02:30
Crypto Market Sentiment On Jul 11: Market In "Extreme Fear"
02:00
BTC Tops List Of Crypto Net Outflow With $87.56 Mln In Past 10 Hours
Jul 9, 2021 (Friday)
21:40
BTC Surges by 1.08% Within 5 Mins, Marking 33,911.8 USDT
02:30
Crypto Market Sentiment On Jul 09: Market In "Extreme Fear"
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.