Cryptocurrency mining company Riot produced 6,626 bitcoins in 2023, with total revenue exceeding $280 million

ChainCatcher news, the encrypted mining company Riot Platforms, Inc. (NASDAQ: RIOT) announced its financial results for the year ended December 31, 2023. The company generated a record total revenue of $280.7 million, produced 6,626 bitcoins, and achieved a peak hash rate of 12.4 EH/s.

Company CEO Jason Les stated that 2023 was another milestone year for Riot, as the company made significant progress in key strategic development goals by completing the 700 MW Rockdale facility expansion, successfully scaling its power strategy, reaching a long-term fixed-price supply agreement with MicroBT, and developing the 1 GW Corsicana facility.