Riot Platforms reports a significant decrease in its Bitcoin production—Here’s why

TL;DR Riot throttled operations during ERCOT’s Four Coincident Peak, cutting June output to 450 BTC (12% MoM but +76% YoY) to dodge steep transmission fees. Strategic curtailment earned $5. 6 M in power credits, drove all-in energy costs down to 3. 4 ¢/kWh, and maintained rig efficiency at 21. 2 J/TH. The deployed hash rate stayed robust at. . . source: https://crypto-economy.com/riot-platforms-reports-a-significant-decrease-in-its-bitcoin-production-heres-why/