Amidst the ups and downs of the cryptocurrency world, Riot Platforms Inc. (NASDAQ: RIOT) is quickly carving out a significant place for itself in Bitcoin mining. As the largest Bitcoin mining company in North America, Riot is making strategic moves to expand its operations, and many are hopeful for what lies ahead. Even though the crypto market is facing uncertainty, the mining company appears well-prepared for growth.
A major factor in the company’s promising outlook, headquartered in Colorado, is its ambitious plan to significantly increase its hash rate capacity. Riot has set targets to achieve 36 EH/s (exahashes per second) before this year ends and an impressive 56.6 EH/s as of 2025. To ensure they achieve this goal, the…
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