Bitcoin Mining Major Riot Blockchain Misses Analyst Estimates for Q3 Earnings

Riot Blockchain Sees 2022 as Year of Consolidation in Bitcoin Mining Sector

The miners cash reserves, however, didn’t move much compared to the previous quarter, even as other major miners are saying that they are close to bankruptcy. Riot had $255 million of cash on hand and 6,766 BTC at the end of the third quarter, compared to $270.5 million in cash and 6,653 BTC at the end of Q2.

Source link

Be the first to comment

Leave a Reply

Your email address will not be published.


*