Riot Platforms, Inc.’s Post

Before 2024, there was speculation that Bitcoin might play a role in the upcoming presidential election. However, even the most dedicated Bitcoin enthusiasts have been surprised by how prominently Bitcoin has featured on the campaign trail over the last month. Politicians often make numerous promises to secure votes, but the recent positive remarks from Trump have shifted the Overton window significantly. Bitcoin is now recognized as a legitimate financial asset worthy of presidential discussion. Moreover, the economic and environmental benefits of the previously criticized Bitcoin mining industry are now being explored and reported by mainstream media. What a time to be a Bitcoiner!

The recently approved #bitcoin ETFs will reshape the mining industry. Learn how in my latest article ⬇ https://lnkd.in/dKjvawfX

Some worthwhile commentary here on crypto mining and federal regulation...

Unlock 2024's Wealth Secret: Bitcoin Mining's Green Revolution Sparks Unprecedented Profit Surge! Act Now or Miss the Decade's Biggest Financial Boom!

US-listed bitcoin miners have surged in global hash rate share, hitting a record high in July. This growth is fueled by enhanced operational efficiency, expanded investment in mining infrastructure, and favorable regulatory climates in select areas. Publicly traded US miners are rapidly boosting their mining capacity, leveraging capital markets and strategic alliances. Their global hash […]

Core Scientific Full Fiscal Year 2023 Highlights - 19,274 #Bitcoin mined in our data centers; 13,762 by self-mining, more than any other publicly listed miner in North America, and an estimated 5,512 for our hosting clients - Total revenue of $502.4 million - Operated total hash rate of 23.2 EH/s, consisting of 16.9 EH/s self-mining and 6.3 EH/s hosting - Owned and managed 724 megawatts of infrastructure, the largest owned infrastructure footprint among publicly listed miners in North America - Developed organic growth plan for more than 20 EH/s of new self-mining hash rate - $14,982 cash cost per self mined #BTC “We own and operate the largest bitcoin mining infrastructure in the industry in terms of operating megawatts, and we have demonstrated superior hash rate utilization. We have now emerged from our restructuring a stronger, more focused and more productive company with a plan for self-mining growth of more than 20 EH/s.” - Core Scientific CEO Adam Sullivan   Full Press Release: https://bit.ly/43eV3Zj

US-listed bitcoin miners have surged in global hash rate share, hitting a record high in July. This growth is fueled by enhanced operational efficiency, expanded investment in mining infrastructure, and favorable regulatory climates in select areas. Publicly traded US miners are rapidly boosting their mining capacity, leveraging capital markets and strategic alliances. Their global hash […]

Prepare for Impact: Bitcoin's Halving to Impact Price as Mining Charges Slashed | Business News #Bitcoins #Business #Charges #Halving #Impact #Mining #News #Prepare #Price #Slashed

Are you curious about the current trends in Bitcoin mining and its impact on energy consumption? Check out this insightful article that explores the link between the two: @streetwisejnl

The mining operations fall into two major clusters: one in Texas, and one extending from western New York down the Appalachians to southern Georgia. While there are additional ones scattered throughout the US, these are the major sites.