Riot

RoxomTV Debuts as World’s First 24/7 Bitcoin-Native Media Network with $17.9M Raised

Riot Hits Record Revenue but Suffers Losses from Mining Costs

Riot Platforms, the biggest Bitcoin mining platform in North America, has witnessed the highest-ever quarterly revenue. Despite this milestone, the firm reported losses as mining costs almost doubled year-over-year. The Chief Executive Officer of Riot Platforms, Jasos Les, revealed its Q1, 2025 earnings report on May 1 and mentioned that

May 2, 2025 1 min read

Riot Platforms posts $281 million revenue from Bitcoin mining in 2023

Largest Bitcoin Mining Firm Invests $162M in Expansion, Find Out Why

Riot Platforms, a major player in the global Bitcoin mining industry, is poised to significantly enhance its hashrate capacity by acquiring 33,280 mining rigs from MicroBT, a renowned manufacturer of essential equipment for cryptocurrency mining. The order for Application-Specific Integrated Circuit (ASIC) amounts to an impressive $162.9 million, setting it

June 27, 2023 1 min read