Riot Platforms, a Bitcoin mining and digital infrastructure firm, reported a 23% increase in total Bitcoin mined in October. This marked their best monthly production since the 2024 halving. Their deployed hashrate also increased, contributing to the production growth. By the end of October, Riot held 10,928 BTC. Rival company CleanSpark reported a 32% increase in Bitcoin mined for the same period, with their total BTC holdings at 8,701. CleanSpark also announced the acquisition of GRIID Infrastructure Inc., expanding their team and pipeline.
- Content Editor ( crypto.news )
- 2024-11-04
Riot Platforms mined 505 BTC in October, a 23% increase