Riot Platforms Announces Increase in Bitcoin Mining Production
According to the Philippine News Agency, Riot Platforms announced that the company mined 516 bitcoins in December 2024, which is a 4% increase from the previous month. Riot CEO Jason Liz stated that the initial development phase of the 400-megawatt Corsicana facility has completed all system installations and mining hardware deployments. Despite the completion of the installations, the company is implementing a phased commissioning process to ensure the quality of power supply to the grid.