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NEWS
EXPLORER
State: 17.08.2024 | 11PM
Thu, 05.09.2024       Riot Blockchain

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. 

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