Bitcoin Miner Riot Blockchain Delays Earnings Report to Sort Out How Much Crypto Rout Devalued Its Assets

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Riot became one of the industry’s biggest miners when it bought a gigantic facility in Rockdale, Texas, in May 2021. Bitcoin miners have seen their margins slashed as the price of the world’s biggest cryptocurrency has dropped, while energy prices, a major part of miners’ costs, have soared globally due to the war in Ukraine.



Source link Coin Desk

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