Total revenue for the three months ending June 30, 2022, increased by 112% to $72.9 million, compared with $34.3 million in the same period in 2021, according to financial data for the second quarter of 2022 released by listed crypto miner Riot Blockchain, according to reports. Dollar. Mining revenue rose 47% to $46.2 million. Riot Blockchain had $496.4 million in liquid assets, $270.5 million in cash on hand, up from $113.6 million at the end of Q1 2022, and 6,653 bitcoins (unaudited). Riot's output is attributed to its growing miner deployment. The company currently has 44,720 application-specific integrated circuits (ASIC) BTC miners with a hash rate of 4.4 exahash per second (EH/s). The total will expand to 47,511 once all recently shipped miners are fully deployed. As a result, the hashrate will reach 4.9 EH/s.
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