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Riot reports 17K miners offline due to Texas weather

Published 02/06/2023, 04:15 PM
Updated 02/06/2023, 06:00 PM

Crypto mining firm Riot Platforms — formerly Riot Blockchain (NASDAQ:RIOT) — reported that 17,040 rigs deployed at its operations in Texas were offline due to “severe winter weather” in the state.

According to a Feb. 6 announcement, Riot reported two of the buildings at its Whinstone facility in Rockdale, Texas were damaged in December 2022 as the state experienced days of sub-zero temperatures. From Dec. 22 to Dec. 25, temperatures across many parts of Texas — and the United States — dropped to below freezing.

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