Riot Blockchain Starts Move Away From New York Hosting Site

Riot Blockchain Sees 2022 as Year of Consolidation in Bitcoin Mining Sector

Riot, however, decreased its hashrate expectations for the year to 12.5 exahash per second (EH/s). The downgrade follows June’s reduced forecast, when it said it expected 12.6 EH/s by January 2023, below May’s prediction of 12.8 EH/s. The miner produced 421 bitcoins in June, compared with 466 BTC in May, the statement said.

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