Riot Announces July 2024 Production and Operations Updates

About this update from Riot Platforms, Inc.

[{"type":"text","content":"Riot Produces 370 Bitcoin in July 2024 and Expands into Kentucky\nCASTLE ROCK, Colo., Aug. 5, 2024 /PRNewswire/ --\nRiot Platforms, Inc. (NASDAQ: RIOT) (\"Riot\" or \"the Company\"), an industry leader in vertically integrated Bitcoin (\"BTC\") mining, announces unaudited production and operations updates for July 2024. \nBitcoin Production and Operations Updates for July 2024\nComparison (%)\nMetric\nJuly 2024 1\nJune 2024 1\nJuly 2023\nMonth/Month\nYear/Year\nBitcoin Produced\n370\n255\n410\n45 %\n-10 %\nAverage Bitcoin Produced per Day\n11.9\n8.5\n13.2\n40 %\n-10 %\nBitcoin Held 2\n9,704\n9,334\n7,275\n4 %\n33 %\nBitcoin Sold\n-\n-\n400\nN/A\nN/A\nBitcoin Sales - Net Proceeds\n-\n-\n$12.1 million\nN/A\nN/A\nAverage Net Price per Bitcoin Sold\nN/A\nN/A\n$30,293\nN/A\nN/A\nDeployed Hash Rate - Rockdale 2\n14.7 EH/s\n14.7 EH/s\n10.7 EH/s\n0 %\n37 %\nDeployed Hash Rate - Corsicana 2\n7.6 EH/s\n7.3 EH/s\n-\n4 %\nN/A\nDeployed Hash Rate - Kentucky 2,3\n1.0 EH/s\nN/A\nN/A\nN/A\nN/A\nDeployed Hash Rate - Total 2\n23.3 EH/s\n22.0 EH/s\n10.7 EH/s\n6 %\n118 %\nAvg. Operating Hash Rate - Rockdale 4\n9.6 EH/s\n7.7 EH/s\n5.4 EH/s\n24 %\n78 %\nAvg. Operating Hash Rate - Corsicana 4\n5.7 EH/s\n3.6 EH/s\n-\n57 %\nN/A\nAvg. Operating Hash Rate - Kentucky 3,5\n0.9 EH/s\nN/A\nN/A\nN/A\nN/A\nAvg. Operating Hash Rate - Total 4\n15.5 EH/s\n11.4 EH/s\n5.4 EH/s\n37 %\n188 %\nPower Credits 6\n$3.2 million\n$4.7 million\n$6.0 million\n-32 %\n-47 %\nDemand Response Credits 7\n$0.2 million\n$0.5 million\n$1.8 million\n-59 %\n-89 %\nTotal Power Credits\n$3.4 million\n$5.2 million\n$7.8 million\n-35 %\n-57 %\nAll-in Power Cost - Rockdale 8\n3.0c/kWh\n2.4c/kWh\n1.6c/kWh\n26 %\n79 %\nAll-in Power Cost - Corsicana 8\n3.9c/kWh\n3.7c/kWh\nN/A\n5 %\nN/A\nAll-in Power Cost - Kentucky 8,9\n3.6c/kWh\nN/A\nN/A\nN/A\nN/A\nAll-in Power Cost - Total 8\n3.4c/kWh\n2.6c/kWh\n1.6c/kWh\n33 %\n109 %\n1.\nUnaudited, estimated.\n2.\nAs of month-end.\n3.\nIncludes self-mining capacity hosted outside of Kentucky.\n4.\nAverage over the month.\n5.\nAverage from July 24 to 31, where Riot held 100% ownership of the Kentucky assets.\n6.\nEstimated power curtailment credits.\n7.\nEstimated credits received from participation in ERCOT and MISO demand response programs.\n8.\nEstimated. Inclusive of all transmission and distribution charges, fees, adders, and taxes. Net of Total Power Cr...

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