🇺🇸 Another major American miner reported for August

In August, Riot mined 322 bitcoins ($18.5 million). It already has more than 10 thousand coins on its balance sheet, none of which were sold last month.

Riot increased its capacity to 23.5 EH/s (exahashes per second) at an average electricity price of $0.026 per kWh. By 2027, after commissioning the maximum capacity of its data centers, Riot plans to reach the 100 EH/s mark. According to the company's plans, the maximum capacity of one of them (in Texas) will be 1 GW, and the other (in Kentucky) - 700 MW.

Riot (RIOT) shares are traded on NASDAQ at $6.7. Over the past month, their price has fallen by about 20%