Riot Blockchain Mined 224 Bitcoins in Q3

Public mining firm Riot Blockchain has more than tripled its year-to-date Bitcoin production. U.S.-based publicly listed mining firm Riot Blockchain has revealed that its year-to-date Bitcoin production has more than tripled compared to 2020.According to a Oct. 6 announcement, Riot has mined 2,457 BTC (roughly $135 million) during 2021 so far — a 246% increase compared to the same period of the previous year. Production for September has more than quadrupled year-over-year, with Riot mining generating 406 Bitcoin last month compared to 91 BTC for September 2020. As of Sept. 30, 2021, Riot....

How many bitcoins have been mined so far? How many bitcoins did the FBI seize during the Silk Road investigation? Where did all those bitcoins go? Who has the most number of bitcoins in the world? These are some of the questions that are bound to be asked at one time or another, unless you have already asked that to yourself. Starting with, How many bitcoins have been mined so far? To give you the statistics, out of the total 21 million bitcoins to be mined, over 14.75 million bitcoins are already mined. The total number of bitcoins mined so far can be found at this link. Time for the next....

The company said it held more than $94 million in crypto as of March 31, all from Bitcoin it has mined. In an announcement on Monday, Riot Blockchain reported that it produced 187 Bitcoin (BTC) — roughly $11.2 million — last month, an 80% increase over its BTC mining in March 2020. The company said it held more than 1,565 Bitcoin on its balance sheet as of March 31, representing more than $94 million in crypto.The mining report follows Riot's $138 million purchase of 42,000 S19j Antminers from crypto mining giant Bitmain. Roughly 6% of the rigs — 2,400 Antminers — are reportedly already on....

Just some of the addresses included at btcburns.cf. James Howells threw a hard drive with 7,500 bitcoins away. He had mined the coins back when they were worth very little. He has yet to find his hard drive at the dump. Dump workers say he never will. Howell is not the first person - nor the last - to lose bitcoins. According to the website btcburns.cf, 397 bitcoin addresses have burned 2,673.4075 bitcoins. There have been 15,617,100 bitcoins mined, meaning 0.018289588948355% of bitcoins created have been burned. Approximately 0.0002 are burned for each bitcoin mined. If this rate remains....

Riot Blockchain netted $19.3 million in income for Q2 following its acquisition of Texas mining facility, Whinstone. Major publicly-listed Bitcoin mining firm, Riot Blockchain, has reported record revenues for Q2 2021.In its Aug. 23 quarterly financial report, the U.S.-based firm reported $31.5 million in mining-related revenues for the three-month period — up roughly 1,540% from its Q2 2020 revenue of $1.9 million.The surging mining revenues drove a record quarterly net income of $19.3 million. By contrast, the company suffered a $10.6 million net loss for the second quarter of 2020.Riot....