Riot Platforms mined 514 bitcoins in May, a year-on-year increase of 139%.

PANews reported on June 3 that according to CoinDesk, Bitcoin mining company Riot Platforms had a strong production performance in May, mining 514 bitcoins, an increase of 11% from April and 139% year-on-year, and almost all of them were sold, earning $51.3 million in revenue. At the same time, the company's total computing power increased to 35.4 EH/s, a year-on-year increase of 142%, and its operating efficiency was also optimized, with the energy consumption of mining machines reduced. In terms of business expansion, Riot Platforms is actively deploying AI and high-performance computing. In May, the company acquired 355 acres of land near the Corsicana mine to build a large data center for enterprises and hyperscale customers.

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