Riot Blockchain Announces February Production and Operations Updates

May 16, 2022

Riot Blockchain Announces February Production and Operations UpdatesRiot produces 436 Bitcoin in February 2022Castle Rock, CO, March 03, 2022 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) (“Riot,” “Riot Blockchain” or “the Company”), an industry leader in Bitcoin (“BTC”) mining and hosting, announces production and operations update for February 2022, status of miner shipments and deployment, and updates on the 400 megawatt (“MW”) infrastructure expansion at the Company’s Whinstone US, Inc., (“Whinstone”) facility in Rockdale, Texas (the “Whinstone Facility”). As of February 28, 2022, Riot held approximately 5,783 BTC, all produced by the Company’s self-mining operations. Riot intends to continue providing monthly operational updates and unaudited production results for the foreseeable future or until otherwise disclosed. Infrastructure UpdateDuring February 2022, Riot continued to build on the progress made towards the completion of its previously announced 400 MW expansion project. Words such as “anticipates,” “believes,” “plans,” “expects,” “intends,” “will,” “potential,” “hope,” and similar expressions are intended to identify forward-looking statements.

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