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Riot Announces March 2025 Production and Operations Updates
Riot Produces 533 Bitcoin in March 2025 CASTLE ROCK, Colo., April 3, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an
About this update from Riot Platforms, Inc.
[{"type":"text","content":"Riot Produces 533 Bitcoin in March 2025 \nCASTLE ROCK, Colo., April 3, 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 March 2025.\nBitcoin Production and Operations Updates for March 2025\nComparison (%)\nMetric\nMarch 2025 1\nFebruary 2025 1\nMarch 2024\nMonth/Month\nYear/Year\nBitcoin Produced\n533\n470\n425\n13 %\n25 %\nAverage Bitcoin Produced per Day\n17.2\n16.8\n13.7\n2 %\n25 %\nBitcoin Held 2\n19,223\n18,692\n8,490\n3 %\n126 %\nBitcoin Sold\n-\n-\n-\nN/A\nN/A\nBitcoin Sales - Net Proceeds\n-\n-\n-\nN/A\nN/A\nAverage Net Price per Bitcoin Sold\nN/A\nN/A\nN/A\nN/A\nN/A\nDeployed Hash Rate - Total 2\n33.7 EH/s\n33.6 EH/s\n12.4 EH/s\n0 %\n172 %\nAvg. Operating Hash Rate - Total 3\n30.3 EH/s\n29.4 EH/s\n8.6 EH/s\n3 %\n254 %\nPower Credits 4\n$0.2 million\n$2.1 million\n$0.5 million\n-92 %\n-66 %\nDemand Response Credits 5\n$0.7 million\n$0.7 million\n$0.7 million\n-4 %\n1 %\nTotal Power Credits\n$0.9 million\n$2.8 million\n$1.2 million\n-69 %\n-26 %\nAll-in Power Cost - Total 6\n3.8c/kWh\n3.6c/kWh\n4.1c/kWh\n5 %\n-7 %\nFleet Efficiency 2\n21.0 J/TH\n21.0 J/TH\n27.0 J/TH\n0 %\n-22 %\nUnaudited, 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.\"Riot mined 533 bitcoin in March, which represents a new post-halving production high for the Company,\" said Jason Les, CEO of Riot. \"The operational improvements our onsite teams have made are demonstrating results in both operating hash rate growth and bitcoin production, despite increases in the network difficulty.\"\n\"During March, Altman Solon, a leading consultant to the data center industry, completed its feasibility study in relation to the 600 MW of available capacity at our Corsicana Facility for AI/HPC uses. I'm pleased to report the study highlighted several factors which make the Corsicana site an attractive asset to serve potential AI/HPC tenants looking to accelerate their time to market. Some of the attributes of our Corsicana Facility for AI/HPC use identified in ...