Riot Platforms has responded to claims made by The New York Times regarding its crypto mining practices. The article alleged that Riot used 450 MW of power, 96% of which came from fossil fuels, and produced 1.9 million tons of CO2 emissions per year. However, Riot contests these claims and states that it uses power from the Texas electrical grid, which relies on renewable energy sources such as wind and solar.

Riot also contests claims about the broader impact of Bitcoin mining on energy markets and prices, stating that electricity prices are increasing for reasons unrelated to Bitcoin mining.

The New York Times' claims are part of long-standing criticisms about Bitcoin and its energy use, and Riot suggested that the article contained a "false and distorted view" of both its own company and the crypto-mining industry more generally.