Riot Just Mined The Most Bitcoin It Ever Has in a Month

By Andrew Asmakov

Despite a reduction in its fleet of mining machines and hash rate capacity, Bitcoin mining company Riot today reported it produced 740 BTC last month, its new all-time high.

This is an increase of approximately 62% as compared to 458 BTC the Texas-based company produced in January 2022, and about 12% as compared to the 659 BTC generated in December 2022.

The record number of mined Bitcoin, worth $16.8 million in current prices, came despite the operational disruption the North America-based miners faced at the end of December due to extreme weather conditions.

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