ICYMI: Riot mined 28% less bitcoin in July and earned $9.5 million in power credits
Bitcoin miner Riot reduced its power use in July, amid a heatwave in Texas, which led to an estimated 21% cut in bitcoin production. At the same time, the company got $9.5 million in power credits, outweighing what it could have generated in mining revenues, according to its own estimates.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Riot Blockchain Mined 28% Less Bitcoin in July as Heat Wave Cut Power SupplyOne of the largest bitcoin miners, RiotBlockchain, mined 28% fewer bitcoins in July, but gained $9.5 million in power credits. Reports Aoyon_A.
Read more »
8-year-old boy injured in July 4 parade attack moves to rehab-focused hospitalAn 8-year-old boy whose spine was severed in the shooting at a parade on July 4 has moved to a rehabilitation-focused hospital after spending nearly a month in a Chicago pediatric intensive care unit.
Read more »
TooFab's Week In Celebrity Photos July 31 - August 6John Stamos and his son meet Spider-Man in adorable Disney pics (via toofab)
Read more »
Why the stock market rallied in July and what comes next, according to expertsThe explanation for the bounce back is the same reason it won't last, strategists said.
Read more »
July NFT data wrap: Investor interest in gaming, NFTs continued despite market downturnDeclines in monthly NFT marketplace volume continued last month as the industry entered Q3 mired in the bear market.
Read more »