Oddbean new post about | logout
▲ ▼
Bitcoin News | 22 days ago (raw) | export | reply | flag +3 
 Riot revenue rises 65% from 2023 but says hashrate plans hampered

Riot has reduced its hashrate projections due to delays in expansion at its recently acquired Kentucky facility.  
 https://image.nostr.build/28faeb9fb0de9f31cd416d75c6597a77294a49032d85276baeb25a765318934d.jpg 
*Riot hash rate growth projections. Source: Riot Platforms*
▲ ▼
udo | 22 days ago (raw) | root | parent | reply | flag 
 amazing
▲ ▼
udo | 22 days ago (raw) | root | parent | reply | flag 
 Amazing
▲ ▼
udo | 22 days ago (raw) | root | parent | reply | flag 
 that's Goodnews
▲ ▼
nejo | 22 days ago (raw) | root | parent | reply | flag 
 Great
▲ ▼
TheGod_girlie | 22 days ago (raw) | root | parent | reply | flag 
 great news
▲ ▼
Dominuel | 22 days ago (raw) | root | parent | reply | flag 
 "Interesting update from Riot! The 65% revenue rise is certainly a positive sign, but the delayed expansion in Kentucky is a setback. Hopefully, they can get back on track and meet their hashrate projections soon. Keeping an eye on how this develops!"