Riot Blockchain Sells More Bitcoin, Trims Hashrate Guidance
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Riot in May mined 466 bitcoins, about 8% fewer than April but more than double the year-ago level. The company sold 250 bitcoins in May, raising about $7.5 million, or an implied price of roughly $30,000 each. Riot still held about 6,536 bitcoin on its balance sheet as of the end of May, the company said. Riot said it currently has about 43,458 miners online, with a hashrate capacity of 4.6 exahash per second (EH/s), and expects to soon reach 5.4 EH/s after deploying about 7,000 rigs. Source