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 November 2024.
Bitcoin Production and Operations Updates for November 2024 | |||||||
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Comparison (%) | |||
Metric |
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November 2024 1 | October 2024 1 | November 2023 |
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Month/Month | Year/Year |
Bitcoin Produced |
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495 | 505 | 552 |
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-2 % | -10 % |
Average Bitcoin Produced per Day | 16.5 | 16.3 | 18.4 |
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1 % | -10 % | |
Bitcoin Held 2 |
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11,425 | 10,928 | 7,358 |
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5 % | 55 % |
Bitcoin Sold |
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- | - | 540 |
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N/A | N/A |
Bitcoin Sales - Net Proceeds |
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- | - | $19.6 million |
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N/A | N/A |
Average Net Price per Bitcoin Sold | N/A | N/A | $36,278 |
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N/A | N/A | |
Deployed Hash Rate - Rockdale 2 | 15.0 EH/s | 15.0 EH/s | 12.4 EH/s |
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0 % | 21 % | |
Deployed Hash Rate - Corsicana 2 | 13.9 EH/s | 13.0 EH/s | - |
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6 % | N/A | |
Deployed Hash Rate - Kentucky 2 | 1.8 EH/s | 1.4 EH/s | N/A |
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28 % | N/A | |
Deployed Hash Rate - Total 2 |
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30.8 EH/s | 29.4 EH/s | 12.4 EH/s |
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5 % | 148 % |
Avg. Operating Hash Rate - Rockdale 3 |
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11.3 EH/s | 10.5 EH/s | 8.3 EH/s |
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7 % | 36 % |
Avg. Operating Hash Rate - Corsicana 3 | 12.9 EH/s | 11.0 EH/s | - |
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18 % | N/A | |
Avg. Operating Hash Rate - Kentucky 3 | 1.6 EH/s | 1.2 EH/s | N/A |
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30 % | N/A | |
Avg. Operating Hash Rate - Total 3 | 25.8 EH/s | 22.7 EH/s | 8.3 EH/s |
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13 % | 211 % | |
Power Credits 4 |
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$1.0 million | $0.3 million | $0.2 million |
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N/A | N/A |
Demand Response Credits 5 |
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$0.4 million | $0.7 million | $1.6 million |
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N/A | N/A |
Total Power Credits |
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$1.4 million | $1.0 million | $1.8 million |
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N/A | N/A |
All-in Power Cost - Rockdale 6 |
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3.8c/kWh | 4.0c/kWh | 3.8c/kWh |
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N/A | N/A |
All-in Power Cost - Corsicana 6 | 3.8c/kWh | 3.6c/kWh | N/A |
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N/A | N/A | |
All-in Power Cost - Kentucky 6 |
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3.9c/kWh | 4.1c/kWh | N/A |
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N/A | N/A |
All-in Power Cost - Total 6 |
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3.8c/kWh | 3.9c/kWh | 3.8c/kWh |
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N/A | N/A |
Fleet Efficiency |
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22.3 J/TH | 23.1 J/TH | 27.6 J/TH |
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-3 % | -19 % |
- Unaudited, estimated.
- As of month-end.
- Average over the month.
- 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.