Riot Produces 412 Bitcoin in September 2024 and Achieves Q3 Hash Rate Target, with 28.2 EH/s Deployed

CASTLE ROCK, Colo., Oct. 3, 2024 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announces unaudited production and operations updates for September 2024.  

Bitcoin Production and Operations Updates for September 2024 

Comparison (%)

Metric

September 20241

August 20241

September 2023

Month/Month

Year/Year

Bitcoin Produced

412

322

362

28 %

14 %

Average Bitcoin Produced per Day

13.7

10.4

12.1

32 %

14 %

Bitcoin Held 2

10,427

10,019

7,327

4 %

42 %

Bitcoin Sold

-

-

340

N/A

N/A

Bitcoin Sales - Net Proceeds

-

-

$9.0 million

N/A

N/A

Average Net Price per Bitcoin Sold

N/A

N/A

$26,379

N/A

N/A

Deployed Hash Rate - Rockdale 2

15.0 EH/s

14.7 EH/s

10.9 EH/s

2 %

38 %

Deployed Hash Rate - Corsicana 2

11.9 EH/s

7.6 EH/s

-

57 %

N/A

Deployed Hash Rate - Kentucky 2,3

1.3 EH/s

1.2 EH/s

N/A

5 %

N/A

Deployed Hash Rate - Total 2

28.2 EH/s

23.5 EH/s

10.9 EH/s

20 %

159 %

Avg. Operating Hash Rate - Rockdale 4

9.7 EH/s

8.2 EH/s

5.2 EH/s

18 %

88 %

Avg. Operating Hash Rate - Corsicana 4

8.6 EH/s

5.2 EH/s

-

66 %

N/A

Avg. Operating Hash Rate - Kentucky 3,4

1.2 EH/s

1.0 EH/s

N/A

14 %

N/A

Avg. Operating Hash Rate - Total 4

19.5 EH/s

14.5 EH/s

5.2 EH/s

35 %

279 %

Power Credits 5

$1.9 million

$5.7 million

$11.0 million

-67 %

-83 %

Demand Response Credits 6

$0.3 million

$0.7 million

$2.5 million

-56 %

-87 %

Total Power Credits

$2.2 million

$6.4 million

$13.4 million

-66 %

-84 %

All-in Power Cost - Rockdale 7

3.5c/kWh

2.0c/kWh

 (0.5)c/kWh

72 %

N/M

All-in Power Cost - Corsicana 7

3.5c/kWh

3.9c/kWh

N/A

-12 %

N/A

All-in Power Cost - Kentucky 7,8

4.0c/kWh

3.7c/kWh

N/A

8 %

N/A

All-in Power Cost - Total 7

3.5c/kWh

2.6c/kWh

 (0.5)c/kWh

35 %

N/M