INSUBCONTINENT EXCLUSIVE:
Several Bitcoin mining firms reported lowered BTC production in June, mainly due to power curtailment in Texas.Riot Platforms produced 450
Bitcoin (BTC) in the month, a 12% decline from May, when the firm mined 514 BTC, it stated in an announcement on Thursday.Riot CEO Jason Les
It is designed to manage the periods of highest electricity demand during the months of June, July, August and September.Large electricity
consumers, such as Bitcoin miners, face transmission charges based on their usage during peak periods, so they can voluntarily curtail
operations.Riot also reported that it sold 397 BTC for $41.7 million and currently holds 19,273 Bitcoin.Riot production figures for June
Pearl facility in Texas started contributing to production at the end of June, but the overall monthly production was reduced due to the
compared to 282 the previous month
