Riot Announces November 2022 Production and Operations Updates

Riot Announces November 2022 Production and Operations UpdatesRiot Produces Record 521 Bitcoin and Achieves New All-Time High Hash Rate Capacity in November 2022Castle Rock, CO, Dec. 05, 2022 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in Bitcoin (“BTC”) mining and data center hosting, announces unaudited production and operations updates for November 2022. Bitcoin Production and Operations Updates for November 2022Riot produced 521 BTC, an increase of approximately 12% as compared to November 2021 production of 466 BTC. Riot had a deployed fleet of 72,428 miners, with a hash rate capacity of 7.7 exahash per second (“EH/s”), as of November 30, 2022. “Riot again achieved a new record for total hash rate capacity during the month of November, resulting in our highest monthly Bitcoin production figure to date,” said Jason Les, CEO of Riot. Words such as “anticipates,” “believes,” “plans,” “expects,” “intends,” “will,” “potential,” “hope,” and similar expressions are intended to identify forward-looking statements.