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Riot Blockchain Bitcoin Production Jumps More Than 400% Year-on-Year Amidst Mining Exodus

Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Riot Blockchain, a Nasdaq-listed mining company, reported Thursday on its Bitcoin production last month. The company’s numbers jumped a little more than 400% year-on-year, as a result of the increase in mining power. The recent mining crackdown in China is also helping companies like Riot to keep growing. The company plans to continue increasing its mining resources after acquiring 43,500 miners from Bitmain. Riot Blockchain Ramps Up Production Riot Blockchain, an American Bitcoin mining company, delivered its Production and Operations updates for June on Thursday. The company reported growth on…

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