Riot Announces October 2022 Production and Operations Updates

Riot Announces October 2022 Production and Operations UpdatesRiot Produces 509 Bitcoin in October 2022 and Significantly Expands Hash Rate Capacity to All-Time RecordCastle Rock, CO, Nov. 03, 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 October 2022. Bitcoin Production and Operations Updates for October 2022Riot produced 509 BTC, an increase of approximately 10% as compared to October 2021 production of 464 BTC. Riot held approximately 6,825 BTC, all produced by the Company’s self-mining operations, as of October 31, 2022. In addition to the Company’s self-mining operations, Riot hosts approximately 200 MW of institutional Bitcoin mining clients. Words such as “anticipates,” “believes,” “plans,” “expects,” “intends,” “will,” “potential,” “hope,” and similar expressions are intended to identify forward-looking statements.