Riot Blockchain Announces June 2022 Production and Operations Updates

Riot Blockchain Announces June 2022 Production and Operations UpdatesRiot Produces 421 Bitcoin in June 2022Castle Rock, CO, July 06, 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 June 2022. Bitcoin Production and Operations Updates· In June 2022, Riot produced 421 BTC, an increase of approximately 73%, as compared to June 2021 production of 243 BTC. As previously reported, Riot’s first immersion-cooled building, Building F, is now complete and operational. In addition to the Company’s self-mining operations, Riot hosts approximately 200 MW of institutional Bitcoin mining clients. The Company has Bitcoin mining data center operations in central Texas, Bitcoin mining operations in central Texas and for the near-term in upstate New York, and electrical switchgear engineering and fabrication operations in Denver, Colorado.