Riot Platforms says Texas energy strategy reduced production costs by $31M

Riot Platforms says Texas energy strategy reduced production costs by $31M

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Bitcoin miner Riot Platforms mined fewer Bitcoin (BTC) in August than July, but received over $31 million in power credits. That is the equivalent of around 1,136 BTC, CEO Jason Les pointed out in a statement. Riot received an estimated $24.2 million in power curtailment credits under its contract…

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