Riot Platforms: 514 BTC mined in May

Mars Finance reports that listed Bitcoin mining company Riot Platforms disclosed that its hash rate in May rose to 35.4 EH/s, a year-on-year increase of 142%; mining output was 514 BTC, more than double the same period last year. However, the company sold almost all newly mined bitcoins at an average price of $102,591 per coin, generating revenue of $51.3 million. It is understood that Riot Platforms has acquired 355 acres of land near its Corsicana factory for building a large-scale data center. (CoinDesk)