CEO of Riot Platforms: The cost of Bitcoin mining for Riot in 2023 is $7539
Jason Les, CEO of mining company Riot Platforms, stated in an interview that the cost of Bitcoin mining for Riot Platforms in 2023 is $7,539. The 24-year strategy for Riot is to mine more bitcoins.
Les emphasized that with the promotion of Bitcoin spot ETFs, a large amount of capital has flowed into Bitcoin, supporting price growth and benefiting miners. He mentioned that halving is beneficial to the mining business as it drives up the price of Bitcoin, which is at the core of their business model.
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