Riot Produced 374 Bitcoin in Aug., Down 15% Y/y

Riot Blockchain reports August production and operations updates in a statement today.

Key Excerpts

• In August 2022, Riot produced 374 BTC, a decrease of approximately 15% as compared to August 2021 production of 441 BTC
• As of August 31, 2022, Riot held approximately 6,720 BTC, all produced by the company’s self-mining operations
• In August 2022, Riot sold 350 BTC, generating net proceeds of approximately $7.7 million
• Riot currently has a deployed fleet of 46,658 miners, with a hash rate capacity of 4.8 exahash per second “EH/s”
• Since its last monthly update, Riot received an additional 9,326 new S19j Pros and ...