Riot Platforms Mined 412 BTC in September, Holds Over 10,400 BTC

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Riot Platforms Mined 412 BTC in September, Holds Over 10,400 BTC Riot Platforms, one of the leading Bitcoin mining companies, reported that it mined 412 BTC in September 2024, reflecting an increase from the 322 BTC mined in August, according to its latest production and operations update.

By increasing its mining capacity, Riot not only enhances its position in the industry but also helps strengthen the Bitcoin network as a whole.

This accumulation strategy is common among leading mining companies, which view Bitcoin as a valuable asset that could appreciate over time, offering significant returns to shareholders.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Riot Platform Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-03 @ 13:42:40 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 729 words

Reading Time: 5 minutes read

Sentences: 34 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22864260

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 30 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #121

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