To ease load on aging grid, state program offers energy credits to bitcoin miners to curtail their power consumption.

  • roguetrick@kbin.social
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    1 year ago

    Company should be straight bankrupt already with its posted financials.

    Riot, which is publicly traded, in 2022 reported a loss of more than $500 million on revenue of $259.2 million. In its most recent quarter, it had a loss of roughly $27 million on revenue of $76.7 million.