Riot became one of the industry’s biggest miners when it bought a gigantic facility in Rockdale, Texas, in May 2021. Bitcoin miners have seen their margins slashed as the price of the world’s biggest cryptocurrency has dropped, while energy prices, a major part of miners’ costs, have soared globally due to the war in Ukraine.
Bitcoin Miner Riot Blockchain Delays Earnings Report to Sort Out How Much Crypto Rout Devalued Its Assets
