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Benzinga
Benzinga
Business
Benzinga Newsdesk

Riot Announces November 2024 Production And Operations Updates; Produced 495 Bitcoin

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 


 


 


 


 


 
Comparison (%) 
 Metric

 
November 2024 1 October 2024 1 November 2023

 
Month/Month Year/Year
Bitcoin Produced

 
495 505 552

 
-2 % -10 %
Average Bitcoin Produced per Day 16.5 16.3 18.4

 
1 % -10 %
Bitcoin Held 2

 
11,425 10,928 7,358

 
5 % 55 %
Bitcoin Sold

 
- - 540

 
N/A  N/A 
Bitcoin Sales - Net Proceeds

 
- - $19.6 million

 
N/A  N/A 
Average Net Price per Bitcoin Sold N/A  N/A  $36,278

 
N/A  N/A 
Deployed Hash Rate - Rockdale 2 15.0 EH/s 15.0 EH/s 12.4 EH/s

 
0 % 21 %
Deployed Hash Rate - Corsicana 2 13.9 EH/s 13.0 EH/s -

 
6 % N/A
Deployed Hash Rate - Kentucky 2 1.8 EH/s 1.4 EH/s N/A

 
28 % N/A
Deployed Hash Rate - Total 2

 
30.8 EH/s 29.4 EH/s 12.4 EH/s

 
5 % 148 %
   Avg. Operating Hash Rate - Rockdale 3

 
11.3 EH/s 10.5 EH/s 8.3 EH/s

 
7 % 36 %
Avg. Operating Hash Rate - Corsicana 3 12.9 EH/s 11.0 EH/s -

 
18 % N/A
Avg. Operating Hash Rate - Kentucky 3 1.6 EH/s 1.2 EH/s N/A

 
30 % N/A
Avg. Operating Hash Rate - Total 3 25.8 EH/s 22.7 EH/s 8.3 EH/s

 
13 % 211 %
Power Credits 4

 
$1.0 million $0.3 million $0.2 million

 
N/A N/A
Demand Response Credits 5

 
$0.4 million $0.7 million $1.6 million

 
N/A N/A
Total Power Credits

 
$1.4 million $1.0 million $1.8 million

 
N/A N/A
All-in Power Cost - Rockdale 6

 
3.8c/kWh 4.0c/kWh 3.8c/kWh

 
N/A N/A
All-in Power Cost - Corsicana 6 3.8c/kWh  3.6c/kWh  N/A

 
N/A N/A
All-in Power Cost - Kentucky 6

 
3.9c/kWh 4.1c/kWh N/A

 
N/A N/A
All-in Power Cost - Total 6

 
3.8c/kWh 3.9c/kWh 3.8c/kWh

 
N/A N/A
Fleet Efficiency

 
22.3 J/TH 23.1 J/TH 27.6 J/TH

 
-3 % -19 %
  1. Unaudited, estimated.
  2. As of month-end.
  3. Average over the month.
  4. Estimated power curtailment credits.
  5. Estimated credits received from participation in ERCOT and MISO demand response programs.
  6. Estimated. Inclusive of all transmission and distribution charges, fees, adders, and taxes. Net of Total Power Credits.
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