⛏️ Riot is quietly mining... less and less.

In June, Riot Platforms will mine only 450 BTC, which is 12% less than in May. The company does not specify the reasons, but miners seem to be tired of the heat - or the bear market.

What's interesting is that 397 BTC were sold, but the total supply increased to 19,273 BTC. This means they are mining less, selling almost everything, but the supply is growing. Or Riot's accounting is the new mystery of the Bermuda Triangle.

What does this mean?

⚠️ Possible signal: even large miners are starting to lock in positions.

📉 Or they are just preparing for new capex - maybe ASICs at a discount?

🤔 Or maybe they are just saving on electricity, like all normal people do in the summer.

Riot - like the market: it seems to work, but surprises every month in a new way.

#BitcoinMining #RiotPlatforms #BTC #CryptoHumor #MiningDecline