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Riot Announces December 2024 Production and Operations Updates
Riot Produces 516 Bitcoin in December 2024 CASTLE ROCK, Colo., Jan. 6, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an
About this update from Riot Platforms, Inc.
[{"type":"text","content":"Riot Produces 516 Bitcoin in December 2024 \nCASTLE ROCK, Colo., Jan. 6, 2025 /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 December 2024. \nBitcoin Production and Operations Updates for December 2024 \nComparison (%)\nMetric\nDecember 2024 1\nNovember 2024 1\nDecember 2023\nMonth/Month\nYear/Year\nBitcoin Produced\n516\n495\n619\n4 %\n-17 %\nAverage Bitcoin Produced per Day\n16.6\n16.5\n20.0\n1 %\n-17 %\nBitcoin Held 2\n17,722 3\n11,425\n7,362\n55 %\n141 %\nBitcoin Sold\n-\n-\n590\nN/A\nN/A\nBitcoin Sales - Net Proceeds\n-\n-\n$25.3 million\nN/A\nN/A\nAverage Net Price per Bitcoin Sold\nN/A\nN/A\n$42,872\nN/A\nN/A\nDeployed Hash Rate - Rockdale 2\n15.0 EH/s\n15.0 EH/s\n12.4 EH/s\n0 %\n21 %\nDeployed Hash Rate - Corsicana 2\n14.1 EH/s\n13.9 EH/s\n-\n2 %\nN/A\nDeployed Hash Rate - Kentucky 2\n2.4 EH/s\n1.8 EH/s\nN/A\n29 %\nN/A\nDeployed Hash Rate - Total 2\n31.5 EH/s\n30.8 EH/s\n12.4 EH/s\n3 %\n155 %\nAvg. Operating Hash Rate - Rockdale 4\n12.1 EH/s\n11.3 EH/s\n8.6 EH/s\n8 %\n41 %\nAvg. Operating Hash Rate - Corsicana 4\n13.1 EH/s\n12.9 EH/s\n-\n2 %\nN/A\nAvg. Operating Hash Rate - Kentucky 4\n2.2 EH/s\n1.6 EH/s\nN/A\n38 %\nN/A\nAvg. Operating Hash Rate - Total 4\n27.4 EH/s\n25.8 EH/s\n8.6 EH/s\n6 %\n220 %\nPower Credits 5\n$0.8 million\n$1.0 million\n$0.0 million\n-26 %\n2,299 %\nDemand Response Credits 6\n$0.3 million\n$0.4 million\n$0.5 million\n-25 %\n-45 %\nTotal Power Credits\n$1.0 million\n$1.4 million\n$0.6 million\n-26 %\n85 %\nAll-in Power Cost - Rockdale 7\n3.9c/kWh\n3.8c/kWh\n4.1c/kWh\n1 %\n-6 %\nAll-in Power Cost - Corsicana 7\n3.6c/kWh\n3.8c/kWh\nN/A\n-6 %\nN/A\nAll-in Power Cost - Kentucky 7\n4.6c/kWh\n3.9c/kWh\nN/A\n17 %\nN/A\nAll-in Power Cost - Total 7\n3.8c/kWh\n3.8c/kWh\n4.1c/kWh\n-1 %\n-7 %\nFleet Efficiency 2\n21.9 J/TH\n22.3 J/TH\n27.6 J/TH\n-2 %\n-21 %\nBitcoin per 1 Million Fully Diluted S/O 8\n44.3\n31.6\n31.8\n40 %\n39 %\nUnaudited, estimated.As of month-end.Bitcoin holdings include 5,784 Bitcoin acquired in December 2024.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, ad...