Riot Produces 505 Bitcoin in October 2024 and Increases Hash Rate Deployed to 29.4 EH/s

CASTLE ROCK, Colo., Nov. 4, 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 October 2024.  

Bitcoin Production and Operations Updates for October 2024

Comparison (%)

Metric

October 20241

September 20241

October 2023

Month/Month

Year/Year

Bitcoin Produced

505

412

458

23 %

10 %

Average Bitcoin Produced per Day

16.8

13.7

14.8

23 %

14 %

Bitcoin Held2

10,928

10,427

7,345

5 %

49 %

Bitcoin Sold

-

-

440

N/A 

N/A 

Bitcoin Sales - Net Proceeds

-

-

$12.5 million 

N/A 

N/A 

Average Net Price per Bitcoin Sold

N/A 

N/A 

$28,408

N/A 

N/A 

     Deployed Hash Rate - Rockdale2

15.0 EH/s 

15.0 EH/s 

11.7 EH/s 

0 %

28 %

     Deployed Hash Rate - Corsicana2

13.0 EH/s 

11.9 EH/s 

-

10 %

N/A 

     Deployed Hash Rate - Kentucky2,3

1.4 EH/s 

1.3 EH/s 

N/A 

11 %

N/A 

 Deployed Hash Rate - Total2

29.4 EH/s 

28.2 EH/s 

11.7 EH/s 

5 %

152 %

     Avg. Operating Hash Rate - Rockdale4

10.5 EH/s 

9.7 EH/s 

6.8 EH/s 

9 %

55 %

     Avg. Operating Hash Rate - Corsicana4

11.0 EH/s 

8.6 EH/s 

-

27 %

N/A 

     Avg. Operating Hash Rate - Kentucky3,4

1.2 EH/s 

1.2 EH/s 

N/A 

4 %

N/A 

 Avg. Operating Hash Rate - Total4

22.7 EH/s 

19.5 EH/s 

6.8 EH/s 

16 %

234 %

     Power Credits5

$0.3 million 

$1.9 million 

$1.0 million 

-85 %

-71 %

     Demand Response Credits6

$0.7 million 

$0.3 million 

$1.8 million 

111 %

-62 %

 Total Power Credits

$1.0 million 

$2.2 million 

$2.8 million 

-56 %

-65 %

     All-in Power Cost - Rockdale7

4.0c/kWh 

3.5c/kWh 

3.3c/kWh 

16 %

21 %

     All-in Power Cost - Corsicana7

3.6c/kWh 

3.5c/kWh 

N/A 

3 %

N/A 

     All-in Power Cost - Kentucky7,8

4.1c/kWh 

4.0c/kWh 

N/A 

2 %

N/A 

 All-in Power Cost - Total7

3.9c/kWh 

3.5c/kWh 

3.3c/kWh 

10 %

16 %