What’s Going On With Bitcoin Miner Riot Platforms Wednesday?
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Published by
Benzinga
Benzinga
Riot Platforms Inc (NASDAQ: RIOT) shares are in the spotlight this week as the price of Bitcoin (CRYPTO: BTC) continues to rise. The company announced a production update on Wednesday. What Happened: Bitcoin miner Riot Platforms said it produced 552 Bitcoin in November, up 21% from October and up 6% on a year-over-year basis. November hash rate was 12.4 EH/s. Riot Platforms sold 540 Bitcoin last month and now holds a total of 7,358 Bitcoins. “Despite the headwinds of a nearly 9% increase in network difficulty, the ongoing return of hash rate in Building G at our Rockdale Facility and reduced c…