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Riot Announces July 2025 Production and Operations Updates
Riot Produces 484 Bitcoin in July 2025 CASTLE ROCK, Colo., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), a
About this update from Riot Platforms, Inc.
[{"type":"text","content":"Riot Produces 484 Bitcoin in July 2025\nCASTLE ROCK, Colo., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), a Bitcoin-driven industry leader in the development of large-scale data centers for high performance compute and bitcoin mining applications, announces unaudited production and operations updates for July 2025. Bitcoin Production and Operations Updates for July 2025 Comparison (%)MetricJuly 2025 1June 2025 1July 2024 1Month/MonthYear/YearBitcoin Produced4844503708%31%Average Bitcoin Produced per Day15.615.011.94%31%Bitcoin Held 219,287 319,273 39,7040%99%Bitcoin Sold475397-20%N/ABitcoin Sales - Net Proceeds$54.8 million$41.7 million-32%N/AAverage Net Price per Bitcoin Sold$115,411$105,071N/A10%N/ADeployed Hash Rate - Total 235.5 EH/s35.5 EH/s23.1 EH/s0%54%Avg. Operating Hash Rate - Total 430.2 EH/s29.8 EH/s15.5 EH/s1%94%Power Credits 5$12.6 million$3.8 million$3.3 million253%304%Demand Response Credits 6$1.3 million$1.8 million$0.4 million-29%196%Total Power Credits$13.9 million$5.6 million$3.7 million160%291%All-in Power Cost - Total 72.8c/kWh3.4c/kWh3.1c/kWh-37%-31%Fleet Efficiency 221.2 J/TH21.2 J/TH25.8 J/TH0%-18% Unaudited, estimated.As of month-end.Includes 3,300 in restricted bitcoin.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. “Riot produced 484 bitcoin in July,” said Jason Les, CEO of Riot. “Historically, the summer months are more challenging for hash rate utilization, as we participate in ERCOT’s Four Coincident Peaks Program (“4CP”), voluntarily curtail as part of demand response programs, and operate in harsher conditions. Despite these factors, Riot increased production month over month and achieved an extremely low all-in power cost of $28/MWh, which is a testament to our operational improvements and our power management capabilities. “Riot also made additional progress on our Data Center platform in July, closing on an additional 238 acres, located in proximity to our operations in Corsicana, TX. Collectively, Riot now owns 858 acres in Corsicana, giving us the flexibility to accommodate various data center designs and development plans whi...