---
title: "Bitcoin miner Riot Platforms reports record $211M Q1 net income"
url: https://diffcoin.com/bitcoin-miner-riot-platforms-reports-record-211m-q1-net-income/
description: "Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine.…"
published: 2024-05-02
updated: 2024-05-02
author: "Mila"
site: "Diffcoin"
---

# Bitcoin miner Riot Platforms reports record $211M Q1 net income

Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine.

[Source link](https://cointelegraph.com/news/riot-platforms-q1-results-record-211-million-net-income)