Bitcoin Miner Riot Platforms (Riot) reported strong production growth on Tuesday in May, mining 514 BTC – an increase of 11% compared to April and a leap of 139% compared to the previous year. The company has sold almost all the new bitcoin, generating $ 51.3 million in product at an average price of $ 102,591 per token.
The Hashrate of Riot also climbed, with a computing power deployed total reaching 35.4 Exehashs per second, an increase of 5% compared to April and 142% higher than the previous year. Operational efficiency has also improved, the fleet operating at 21.2 joules by Terahash – against 28 d / e May.
Beyond the mining, the riot is positioned for the growth of IA IT and High Performance IT sectors (HPC). In May, the company closed the acquisition of 355 acres of land near its Corsicana facilities in Texas. CEO Jason said them that the site will support the development of data centers adapted to business customers and hyperscal, noting that these centers require not much more important footprints than traditional mining operations.
To direct this effort, Riot hired the veteran of the industry Jonathan Gibbs as director of the data center. The movement indicates Riot’s ambition to diversify beyond Bitcoin and in the rapid growth market for infrastructure ready for IT.
RIOT shares are 3.4% higher in Tuesday.
