Bitcoin Miner Riot Platforms' Second-Quarter Loss Widens to $84.4M as Costs Surge

April's Bitcoin halving reduced the number of bitcoin Riot produced during the quarter, with mining costs jumping due to a 68% increase in the network's hashrate.

RIOT shares fell in pre-market trading, influenced by the drop in Bitcoin and the broader crypto market as shown by the CoinDesk 20 Index.

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