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0 sats \ 1 reply \ @Wumbo 18h
Riot Platforms mined 477 BTC in August, up from 322 BTC year-over-year. The output represents a 48% increase compared to August 2024. According to the company, it sold 450 BTC for net proceeds of $51.8 billion during the month, and now holds 19,309 BTC, a 92.7% increase in 12 months.
Meanwhile, CleanSpark mined 657 BTC in August, up from 478 BTC during the same month in 2024. The jump amounts to a year-over-year increase of 37.5%. The company sold 533.5 BTC for $60.7 million last month.
The company announced in April that it would start selling BTC to become financially self-sufficient. CleanSpark now holds 12,827 BTC, a 69.7% increase over the period.
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Centralizing mining :(
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