Cryptocurrency mining company Riot Platforms produced 6626 BTC in 2023, with total revenue exceeding $280 million
Cryptocurrency mining company Riot Platforms, Inc. (NASDAQ: RIOT) has announced its financial results for the full year ending December 31, 2023. The company achieved a total revenue of $280.7 million, produced 6,626 Bitcoins and reached a peak hash rate of 12.4 EH/s.
CEO Jason Les stated that 2023 was a milestone year for the company with significant progress made in areas such as expansion of Rockdale facility, enlargement of power strategy, long-term supply agreement with MicroBT and development at Corsicana facility among others.
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