full image - Repost: Riot Blockchain Bitcoin Mining Revenue Slashed by 25% in Q3 2022 (from Reddit.com, Riot Blockchain Bitcoin Mining Revenue Slashed by 25% in Q3 2022)
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https://ift.tt/wLH1oyQ mining firm Riot Blockchain Inc. has claimed losses worth more than $30 million in its Q3 financial report, Most mining firms have suffered as Bitcoin remains in the $20,000 zone.Riot Blockchain Inc. on Nov. 7 published its Q3 2022 financial results on its official website. Fair to say, the revenue had slumped as compared to the previous year. This comes at a time when Bitcoin mining is no longer profitable.Many mining companies even considered bankruptcy or shutting down.
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