Riot Blockchain, Inc.
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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
Riot Produces 322 Bitcoin in August 2024 and Exceeds 10,000 Bitcoin Held
CASTLE ROCK, Colo., Sept. 5, 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 August 2024.
Bitcoin Production and Operations Updates for August 2024
Comparison (%)
Metric
August 2024 1
July 2024 1
August 2023
Month/Month
Year/Year
Bitcoin Produced
322
370
333
-13 %
-3 %
Average Bitcoin Produced per Day
10.4
11.9
10.8
-13 %
-3 %
Bitcoin Held 2
10,019
9,704
7,309
3 %
37 %
Bitcoin Sold
-
-
300
N/A
N/A
Bitcoin Sales - Net Proceeds
-
-
$8.6 million
N/A
N/A
Average Net Price per Bitcoin Sold
N/A
N/A
$28,617
N/A
N/A
Deployed Hash Rate - Rockdale 2
14.7 EH/s
14.7 EH/s
10.3 EH/s 2
0 %
42 %
Deployed Hash Rate - Corsicana 2
7.6 EH/s
7.6 EH/s
-
0 %
N/A
Deployed Hash Rate - Kentucky 2,3
1.2 EH/s
1.0 EH/s
N/A
20 %
N/A
Deployed Hash Rate - Total 2
23.5 EH/s
23.2 EH/s
10.3 EH/s
1 %
128 %
Avg. Operating Hash Rate - Rockdale 4
8.2 EH/s
9.6 EH/s
4.5 EH/s
-14 %
84 %
Avg. Operating Hash Rate - Corsicana 4
5.2 EH/s
5.7 EH/s
-
-9 %
N/A
Avg. Operating Hash Rate - Kentucky 3,4
1.0 EH/s
0.9 EH/s 5
N/A
16 %
N/A
Avg. Operating Hash Rate - Total 4
14.5 EH/s
15.5 EH/s
4.5 EH/s
-7 %
224 %
Power Credits 6
$5.7 million
$3.2 million
$23.3 million
79 %
-76 %
Demand Response Credits 7
$0.7 million
$0.2 million
$5.2 million
261 %
-86 %
Total Power Credits
$6.4 million
$3.4 million
$28.5 million
90 %
-78 %
All-in Power Cost - Rockdale 8
2.0c/kWh
3.0c/kWh
(15.8)c/kWh
-17 %
N/M
All-in Power Cost - Corsicana 8
3.9c/kWh
3.9c/kWh
N/A
1 %
N/A
All-in Power Cost - Kentucky 8,9
3.7c/kWh
3.6c/kWh 10
N/A
4 %
N/A
All-in Power Cost - Total 8
2.6c/kWh
3.2c/kWh
(15.8)c/kWh
-14 %
N/M
Unaudited, estimated. As of month-end.Includes self-mining capacity hosted outside of Kentucky.Average over the month.Average from July 24 to 31, where Riot held 100% ownership of Kentucky assets.Estimated power curtailment credits.Estimated credits received from participation in ERCOT and MISO demand response programs.Estimated. Inclusive of all transmission and distribution charges, fees, adders, and taxes. Net of Total Power Credits.All-in power cost for Kentucky assets.All-in power cost from July 24 to 31, for Kentucky assets.
NEW YORK, Dec. 4, 2023 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CRM, AI, RIOT, SAIC, and TRUP.
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