Riot Blockchain reports 1,540% increase in quarterly revenue from Bitcoin mining

Cointelegraph

Published Aug 24, 2021 01:12AM ET

Updated Aug 24, 2021 03:00AM ET

Major publicly-listed Bitcoin mining firm, Riot Blockchain (NASDAQ:RIOT), has reported record revenues for Q2 2021.

In its Aug. 23 quarterly financial report, the U.S.-based firm reported $31.5 million in mining-related revenues for the three-month period — up roughly 1,540% from its Q2 2020 revenue of $1.9 million.

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