Riot Platforms successfully mined 255 bitcoins in June, a 19% month-on-month increase from the previous month. It is worth noting that although this figure is only about half of the output in the same period last year, it is in line with the general expectations of the industry, especially considering the impact of the Bitcoin halving event in April this year on the market.

Riot proudly announced in its official documents that the company has exceeded the 21.4 EH/s computing power target set for the second quarter ahead of schedule, and as of the end of the month, the actual computing power has reached 22.0 EH/s, demonstrating its strong strength in computing power expansion.

In addition, Riot also revealed that it received $6.2 million in electricity subsidies from the Texas power grid. Although this amount is slightly reduced from the previous month, it still provides strong support for the company's operating costs. Looking ahead, Riot ambitiously plans to increase its self-mining hash rate to a total of 31 EH/s by the end of the year, indicating the company's continued expansion and growth in the field of cryptocurrency mining.

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