#BitcoinHashRateSurge

Bitcoin Mining Production Increase

Artificial Intelligence Summary

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 capacity at the Corsicana facility has completed all system installations and deployment of mining hardware. Despite the completion of the installations, the company is implementing a phased commissioning process to ensure the quality of power supply to the grid.