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The News Crypto 2023-08-10 10:54:07

Bitcoin Mining Firm Riot Platform Posts Q2 Net Loss of $27.7M

Riot Platforms, a Bitcoin mining company headquartered out of Colorado, cut its quarterly net loss to $27.7 million as it increased Bitcoin output and hit record hash rate capacity. A 27% year-over-year rise in Bitcoin output, although being somewhat offset by a fall in Bitcoin prices, led to the cryptocurrency

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