Riot Announces September 2022 Production and Operations Updates

Riot Announces September 2022 Production and Operations UpdatesRiot Produces 355 Bitcoin in September 2022 and Significantly Expands Hash Rate Capacity to All-Time RecordCastle Rock, CO, Oct. 04, 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 September 2022. Bitcoin Production and Operations UpdatesIn September 2022, Riot produced 355 BTC, a decrease of approximately 13% as compared to September 2021 production of 406 BTC. As of September 30, 2022, Riot held approximately 6,775 BTC, all produced by the Company’s self-mining operations. As of September 30, 2022, Riot had a deployed fleet of 55,728 miners, with a hash rate capacity of 5.6 exahash per second (“EH/s”). In addition to the Company’s self-mining operations, Riot hosts approximately 200 MW of institutional Bitcoin mining clients.