Riot Blockchain's recent production figures suggest that the company may be feeling headwinds with the high electricity prices.The company is still well capitalized and shows no major liquidity concerns.The regulation risk is becoming more and more prominent, but there are signs such a move would be an untenable political position.Crypto miners like Riot Blockchain (RIOT) are finally beginning to capture the attention of investors again. Many of the companies in the space have been brought to their knees due to the aggressive selloff. With the relevantly new adoption of Bitcoin (BTC-USD) and other crypto payment systems, some investors have been coining this as the first crypto bear market, but selloffs like this have happened for Bitcoin at least twice before.RIOT data by YChartsSo what has been going on with Riot Blockchain lately? The company has quietly done a great job at Bitcoin production throughout the crypto bear market. I have covered Riot Blockchain multiple times in the past. For a more detailed company profile, complete with historic price targets based on Bitcoin prices, search here. I have also made a crypto 'cheat sheet' that documents the important terms for newbie crypto investors. The sheet can be found here.Production figures now average 402 tokens per month for the last three months, with June's number coming in lower than average at 318 coins. This puts Riot Blockchain towards the top end of producers, wh...
XRP Price Prediction For May 2025
