Hash rate had its first major drawdown since July 2021 and public miners are feeling the pressure as tough conditions may last for a sustained period of time.
The report explores what Bitcoin needs to achieve in order to scale Bitcoin transactions to 7 billion people and what the process looks like over the next 20 years.
The company still holds a large treasury and ramped up its infrastructure through a $14 million bitcoin sale and dumping over 30 million shares onto the market.
Riot Blockchain will begin developing a 1 GW facility in Navarro County, Texas expected to create 270 jobs and drive economic growth during its first phase.