Riot Blockchain's earnings: Q2 mining business revenue of 2.4 million US dollars, gross profit margin break-even improvement

According to PR Newswire, recently, Nasdaq-listed company Riot Blockchain announced its second quarter financial report for 2019. According to the report, in Q2 in 2019, the company obtained 316.19 BTC, 143.81 BCH and 870.01 LTC through mining, and the mining revenue was about 2.4 million US dollars. In comparison, last year's Q2 mining revenue was $2.8 million. Since the average price of BTC, BCH and LTC increased by 92%, 122% and 158% respectively compared with Q1 in 2019, the ratio of Q2 gross profit margin to mining revenue increased from 5% to 35%.