Bitcoin mining company Riot Platform announced a third-quarter production and operations update, in which a total of 1,106 Bitcoins were mined this quarter, bringing the total production year-to-date in 2023 to 4,996.
In addition, total revenue this quarter was US$51.9 million, and hash rate capacity reached 10.9EH/s, setting a record high.
As of the end of the quarter, it had $290 million in cash and 7,327 Bitcoins, totaling nearly $500 million in liquidity.