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Fully costed mining loss

Company: Riot

Subject kind
product
Statement date
2026-11-04
Promised amount
37700000.0 USD
Current status
stated

The claim, verbatim

Including equipment wear and depreciation, Riot's cost per Bitcoin mined rises to $78,805, above the $70,855 average value per coin, producing a $37.7 million Q3 mining loss.

Source (primary)

Riot Platforms Sold 79% of Its Bitcoin Last Quarter. Does Mining Bitcoin Still Pay? - Yahoo Finance (-, news_article)
View cached copy (2026-11-05)Live source ↗Archive.org ↗

Quote: “Riot's cost per Bitcoin mined rises to $78,805, exceeding the average value of $70,855 per coin. This adjustment leads to a mining loss of $37.7 million in Q3”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Riot Platforms Sold 79% of Its Bitcoin Last Quarter. Does Mining Bitcoin Still Pay? - Yahoo Finance

Quote: “Riot's cost per Bitcoin mined rises to $78,805, exceeding the average value of $70,855 per coin. This adjustment leads to a mining loss of $37.7 million in Q3”

View cached copy (2026-11-05)Live source ↗Archive.org ↗