Bitcoin Mining Major Riot Blockchain Misses Analyst Estimates for Q3 Earnings

The miners cash reserves, however, didn’t move much compared to the previous quarter, even as other major miners are saying that they are close to bankruptcy. Riot had $255 million of cash on hand and 6,766 BTC at the end of the third quarter, compared to $270.5 million in cash and 6,653 BTC at the end of Q2.

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