Bitcoin miner #Riot reported a net loss of $84.4 million for the second quarter, compared to a net loss of $27.4 million during the same period last year.
Revenues are down to $70.0 million for the quarter, down slightly from $76.7 million in the prior year despite Bitcoin's price more than doubling over the same time period
Looks like it's getting rough out there for big miners, no #ordinals subsidy and #Bitaxe's securing blocks lol
