Crypto Live News

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.


Riot Platforms has reported a successful Q3 with 1,106 bitcoins produced and mining costs dropping to $5,537 per coin. The company holds $290 million in cash and 7,327 bitcoins, with expectations to reach a hashrate of 12.5 EH/s in Q4. Riot also raised an additional $100 million by selling 10.2 million shares of common stock. The mining industry continues to boom, with companies adapting to market demands and increasing profits.

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