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Riot Blockchain Mined a Total of 484 Bitcoins in July
By: theblockbeats.news|2025/08/05 21:52:15
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BlockBeats News, August 5th, Riot Platforms released its July 2025 Operations Report. The data shows that the company mined a total of 484 bitcoins in July, an 8% increase from the previous month and a 31% increase year-over-year.
During the period, the company sold 475 bitcoins at an average price of $115,411, generating a net revenue of $54.8 million. In terms of infrastructure, the company's total deployed hash rate remained at 35.5 EH/s, with an average operational hash rate of 30.2 EH/s. Through participation in a grid demand response program, the company received a $13.9 million electricity subsidy, lowering the overall electricity cost to $0.028 per kilowatt-hour.
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