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Bitcoin mining company Riot produced 318 BTC in July, a year-on-year decrease of about 28%



Time:8/3/2022 2:57:13 AM

[Bitcoin mining company Riot produced 318 BTCs in July, a year-on-year decrease of about 28%] According to news on August 3, according to official data, Bitcoin mining company Riot Blockchain produced 318 BTCs in July, which is the same as July 2021. Compared with the 443 BTC in January, it has decreased by about 28%. In July 2022, Riot sold 275 bitcoins for a net proceed of approximately $5.6 million. As of July 31, 2022, Riot held approximately 6,696 BTC, all produced by the company's mining operations. There are currently 40,311 miners deployed with a hashrate capacity of 4.2EH/s per second.

Other news:

Dalio: If Bitcoin succeeds, regulators will "kill it": Jinse Finance reported that Bridgewater founder Ray Dalio (Ray Dalio) said on Wednesday that if Bitcoin does succeed in the end, they (regulators) ) will kill it or try to kill it because they have a way of killing it. Dalio stated that Bitcoin has no intrinsic value, which means that the asset lacks fundamental and objective value. Still, the billionaire investor said bitcoin is a good alternative to cash. Dalio's current holdings in digital tokens are a small percentage compared to his exposure to gold in his portfolio. Governments don't want cryptocurrencies to succeed, but that doesn't mean investors shouldn't diversify their portfolios. Plus, Dalio said, cash is trash. [2021/9/16 23:27:54]

The market penetration rate of Bitcoin may be faster than Internet applications: According to reports, the current market penetration rate of personal computers (PCs) in the US market continues to grow at 2.5% per year, while the market penetration rate of Internet and cellular network services has recently increased at a rate of 2.5%. 5% per year. Generally speaking, the speed of adopting new technology will be higher than that of the original technology. In addition, the speed of information dissemination has doubled due to the Internet, and the market penetration rate of Bitcoin is expected to be faster than that of Internet applications. [2018/3/28]

Bitcoin Boom: We Trust Code: Tim Wu is a professor of law at Columbia University, the author of "The Attention Merchant: The Epic Battle Inside Our Minds," and a noted critical author. Regarding the recent popularity of Bitcoin, he recently published an article in the "New York Times" to explain the reasons for the Bitcoin boom: No matter whether the rise of Bitcoin is good or bad, it can reflect the development of modern society from the side. A huge shift in trust: people tend to trust well-tested computer code systems that are far from government control or controlled by a third party. Moving beyond existing financial architectures is a trend — amidst the fear of human error, we place more and more trust in technology. [2017/12/27]

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According to news on August 3.

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