Riot Announces March 2025 Production and Operations Updates
Riot Platforms (NASDAQ: RIOT) reported its March 2025 production metrics, achieving a post-halving record of 533 Bitcoin, marking a 13% increase from February 2025 and a 25% rise year-over-year. The company's Bitcoin holdings reached 19,223, up 126% from March 2024.
The company maintained a deployed hash rate of 33.7 EH/s, with an average operating hash rate of 30.3 EH/s. Total power credits decreased to $0.9 million, down 69% month-over-month. The all-in power cost increased slightly to 3.8c/kWh.
Additionally, Altman Solon completed a feasibility study for Riot's Corsicana Facility, identifying favorable factors for AI/HPC development, including 1.0 GW of secured power, 265 acres of owned land, proximity to Dallas, and growth potential through Riot's multi-site portfolio.
Riot Platforms (NASDAQ: RIOT) ha riportato i suoi dati di produzione di marzo 2025, raggiungendo un record post-halving di 533 Bitcoin, con un incremento del 13% rispetto a febbraio 2025 e un aumento del 25% rispetto all'anno precedente. Le giacenze di Bitcoin dell'azienda hanno raggiunto 19.223, in crescita del 126% rispetto a marzo 2024.
L'azienda ha mantenuto un hash rate distribuito di 33,7 EH/s, con un hash rate operativo medio di 30,3 EH/s. I crediti totali di energia sono diminuiti a 0,9 milioni di dollari, in calo del 69% mese su mese. Il costo totale dell'energia è aumentato leggermente a 3,8c/kWh.
Inoltre, Altman Solon ha completato uno studio di fattibilità per l'impianto di Riot a Corsicana, identificando fattori favorevoli per lo sviluppo di AI/HPC, tra cui 1,0 GW di energia assicurata, 265 acri di terreno di proprietà, vicinanza a Dallas e potenziale di crescita attraverso il portafoglio multi-sito di Riot.
Riot Platforms (NASDAQ: RIOT) informó sobre sus métricas de producción de marzo de 2025, logrando un récord posterior al halving de 533 Bitcoin, marcando un aumento del 13% respecto a febrero de 2025 y un incremento del 25% interanual. Las tenencias de Bitcoin de la compañía alcanzaron 19,223, un aumento del 126% desde marzo de 2024.
La empresa mantuvo un tasa de hash desplegada de 33.7 EH/s, con una tasa de hash operativa promedio de 30.3 EH/s. Los créditos totales de energía disminuyeron a 0.9 millones de dólares, una caída del 69% mes a mes. El costo total de energía aumentó ligeramente a 3.8c/kWh.
Además, Altman Solon completó un estudio de viabilidad para la instalación de Riot en Corsicana, identificando factores favorables para el desarrollo de AI/HPC, incluyendo 1.0 GW de energía asegurada, 265 acres de terreno propio, cercanía a Dallas y potencial de crecimiento a través del portafolio multi-sitio de Riot.
라이엇 플랫폼 (NASDAQ: RIOT)은 2025년 3월 생산 지표를 보고하며, 반감기 이후 기록적인 533 비트코인을 달성했으며, 이는 2025년 2월 대비 13% 증가하고, 전년 대비 25% 상승한 수치입니다. 회사의 비트코인 보유량은 19,223에 이르며, 이는 2024년 3월 대비 126% 증가한 수치입니다.
회사는 33.7 EH/s의 배치 해시율을 유지했으며, 평균 운영 해시율은 30.3 EH/s입니다. 총 전력 크레딧은 90만 달러로 감소했으며, 이는 전월 대비 69% 감소한 수치입니다. 전체 전력 비용은 약간 증가하여 3.8c/kWh에 이릅니다.
또한, 알트만 솔론은 라이엇의 코르시카나 시설에 대한 타당성 조사를 완료하고, 1.0 GW의 확보된 전력, 265에이커의 소유 토지, 달라스와의 근접성, 라이엇의 다중 사이트 포트폴리오를 통한 성장 잠재력 등 AI/HPC 개발을 위한 유리한 요소를 확인했습니다.
Riot Platforms (NASDAQ: RIOT) a publié ses indicateurs de production de mars 2025, atteignant un record post-halving de 533 Bitcoin, marquant une augmentation de 13% par rapport à février 2025 et une hausse de 25% par rapport à l'année précédente. Les avoirs en Bitcoin de l'entreprise ont atteint 19 223, soit une augmentation de 126% par rapport à mars 2024.
L'entreprise a maintenu un taux de hachage déployé de 33,7 EH/s, avec un taux de hachage opérationnel moyen de 30,3 EH/s. Les crédits d'énergie totaux ont diminué à 0,9 million de dollars, soit une baisse de 69% d'un mois sur l'autre. Le coût total de l'énergie a légèrement augmenté à 3,8c/kWh.
De plus, Altman Solon a terminé une étude de faisabilité pour l'installation de Riot à Corsicana, identifiant des facteurs favorables au développement de l'IA/HPC, notamment 1,0 GW d'énergie sécurisée, 265 acres de terrain détenu, la proximité de Dallas et un potentiel de croissance grâce au portefeuille multi-sites de Riot.
Riot Platforms (NASDAQ: RIOT) hat seine Produktionskennzahlen für März 2025 veröffentlicht und einen post-Halving-Rekord von 533 Bitcoin erreicht, was einem Anstieg von 13% gegenüber Februar 2025 und einem Anstieg von 25% im Vergleich zum Vorjahr entspricht. Die Bitcoin-Bestände des Unternehmens erreichten 19.223, was einem Anstieg von 126% im Vergleich zu März 2024 entspricht.
Das Unternehmen hielt eine eingesetzte Hash-Rate von 33,7 EH/s mit einer durchschnittlichen Betriebs-Hash-Rate von 30,3 EH/s. Die Gesamtkosten für Strom sanken auf 0,9 Millionen Dollar, was einem Rückgang von 69% im Monatsvergleich entspricht. Die Gesamtkosten für Energie stiegen leicht auf 3,8c/kWh.
Zusätzlich hat Altman Solon eine Machbarkeitsstudie für Riots Anlage in Corsicana abgeschlossen und dabei günstige Faktoren für die Entwicklung von KI/HPC identifiziert, darunter 1,0 GW gesicherte Energie, 265 Acres eigenes Land, Nähe zu Dallas und Wachstumspotenzial durch Riots Multi-Site-Portfolio.
- Record post-halving Bitcoin production of 533 BTC (+25% YoY)
- Significant Bitcoin holdings growth to 19,223 BTC (+126% YoY)
- Strong hash rate improvement to 33.7 EH/s (+172% YoY)
- Fleet efficiency improved by 22% YoY to 21.0 J/TH
- All-in power cost decreased 7% YoY to 3.8c/kWh
- Total power credits declined 69% MoM to $0.9 million
- Power credits decreased 66% YoY from $0.5M to $0.2M
- All-in power cost increased 5% MoM to 3.8c/kWh
Insights
Riot's March production of
The company's HODLing strategy remains unchanged with zero Bitcoin sold, resulting in an impressive
What's particularly impressive is Riot's hash rate expansion, with deployed capacity at 33.7 EH/s (
While power credits decreased by
These metrics reflect a well-executed operational strategy focused on scale, efficiency, and Bitcoin accumulation - three critical factors for long-term positioning in the mining sector.
The Altman Solon feasibility study results represent a potential strategic inflection point for Riot beyond its core mining operations. The study validated four key attributes that position Corsicana as a viable AI/HPC data center location:
First, Riot possesses 1.0 GW of secured power with an existing FEA agreement - a crucial advantage in today's power-constrained data center market where securing large-scale energy allocation has become a primary bottleneck for AI infrastructure deployment. With 400 MW already operational and the additional 600 MW substation under construction, Riot has bypassed a typical 18-36 month power procurement timeline.
Second, Corsicana's proximity to Dallas (60 miles) places it within the desirable latency parameters for a Tier-1 cloud/AI market. This geographic positioning enables both inference AI workloads and cloud computing applications without performance degradation.
Third, 265 acres of owned land with 65 acres immediately developable provides substantial buildout capacity for high-density computing infrastructure.
Fourth, the site's existing fiber and water infrastructure eliminates additional development hurdles.
This diversification initiative could transform Riot's business model from a pure-play Bitcoin miner to a hybrid infrastructure provider, potentially smoothing revenue volatility while leveraging their existing power procurement and data center construction expertise across multiple high-growth markets.
Riot Produces 533 Bitcoin in March 2025
Bitcoin Production and Operations Updates for March 2025
Comparison (%) | ||||||||
Metric | March 2025 1 | February 2025 1 | March 2024 | Month/Month | Year/Year | |||
Bitcoin Produced | 533 | 470 | 425 | 13 % | 25 % | |||
Average Bitcoin Produced per Day | 17.2 | 16.8 | 13.7 | 2 % | 25 % | |||
Bitcoin Held 2 | 19,223 | 18,692 | 8,490 | 3 % | 126 % | |||
Bitcoin Sold | - | - | - | N/A | N/A | |||
Bitcoin Sales - Net Proceeds | - | - | - | N/A | N/A | |||
Average Net Price per Bitcoin Sold | N/A | N/A | N/A | N/A | N/A | |||
Deployed Hash Rate - Total 2 | 33.7 EH/s | 33.6 EH/s | 12.4 EH/s | 0 % | 172 % | |||
Avg. Operating Hash Rate - Total 3 | 30.3 EH/s | 29.4 EH/s | 8.6 EH/s | 3 % | 254 % | |||
Power Credits 4 | -92 % | -66 % | ||||||
Demand Response Credits 5 | -4 % | 1 % | ||||||
Total Power Credits | -69 % | -26 % | ||||||
All-in Power Cost - Total 6 | 3.8c/kWh | 3.6c/kWh | 4.1c/kWh | 5 % | -7 % | |||
Fleet Efficiency 2 | 21.0 J/TH | 21.0 J/TH | 27.0 J/TH | 0 % | -22 % |
- Unaudited, estimated.
- As of month-end.
- Average over the month.
- Estimated power curtailment credits.
- Estimated credits received from participation in ERCOT and MISO demand response programs.
- Estimated. Inclusive of all transmission and distribution charges, fees, adders, and taxes. Net of Total Power Credits.
"Riot mined 533 bitcoin in March, which represents a new post-halving production high for the Company," said Jason Les, CEO of Riot. "The operational improvements our onsite teams have made are demonstrating results in both operating hash rate growth and bitcoin production, despite increases in the network difficulty."
"During March, Altman Solon, a leading consultant to the data center industry, completed its feasibility study in relation to the 600 MW of available capacity at our Corsicana Facility for AI/HPC uses. I'm pleased to report the study highlighted several factors which make the
Altman Solon Feasibility Study Update1
In March, Altman Solon delivered the results of its study to evaluate the feasibility of developing the approximately 600 megawatts ("MW") of remaining power capacity at the Company's Corsicana Facility for AI/HPC uses.
Altman Solon's feasibility study identified four key factors that Riot believes support the site's viability to potentially serve AI/HPC customers in a competitive timeframe:
(i) 1.0 GW of secured power fully approved with a Facilities Extension Agreement ("FEA") in place, 400 MW currently operational, and additional 600 MW substation currently under construction;
(ii) 265 acres of owned land, with approx. 65 acres developable, 35 acres vacant and opportunities to further expand available land;
(iii) Location 60 miles from
(iv) Additional growth potential through Riot's multi-site portfolio, supply chain capabilities, and powered land acquisition capabilities.
During this period, Riot continued to progress capitalizing on the AI/HPC opportunity across multiple workstreams, and in conjunction with our advisors, will continue to aggressively pursue AI/HPC data center development.
1 This information has been excerpted from the report provided to Riot exclusively for its own internal use and is subject in all respects to the terms and conditions agreed to between Altman Solon and Riot, including restrictions on disclosure and the disclaimer of third-party beneficiaries. This information is being provided on a non-reliance basis and any such reliance by you shall be at your own risk. Except with respect to Riot, Altman Solon, LP and its subsidiaries (i) disclaim any and all contractual and other responsibilities, warranties, and duties with respect to that report (including the excerpts thereof contained in this document) and (ii) shall have no liability whatsoever resulting from the disclosure of the excerpts of that report contained in this document to, or reliance on those excerpts by, any recipient.
Investor Events
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Las Vegas, NV , on April 9th.
Human Resources Update
Riot is currently recruiting for positions across the Company. Join our team in building, expanding, and securing the Bitcoin network.
Open positions are available at: https://www.riotplatforms.com/careers.
About Riot Platforms, Inc.
Riot's (NASDAQ: RIOT) vision is to be the world's leading Bitcoin-driven infrastructure platform. Our mission is to positively impact the sectors, networks, and communities that we touch. We believe that the combination of an innovative spirit and strong community partnership allows the Company to achieve best-in-class execution and create successful outcomes.
Riot is a Bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. The Company has Bitcoin mining operations in central
For more information, visit www.riotplatforms.com.
Safe Harbor
Statements in this press release that are not historical facts are forward-looking statements that reflect management's current expectations, assumptions, and estimates of future performance and economic conditions. Such statements rely on the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as "anticipates," "believes," "plans," "expects," "intends," "will," "potential," "hope," similar expressions and their negatives are intended to identify forward-looking statements. These forward-looking statements may include, but are not limited to, statements relating to the Company's development at its Corsicana Facility and the Company's plans, projections, objectives, expectations, and intentions about future events and trends that it believes may affect the Company's financial condition, results of operations, business strategy, short-term and long-term business operations and objectives and financial needs. These forward-looking statements are subject to a number of risks and uncertainties, including, without limitation: risks related to the Company's growth, the anticipated demand for AI/HPC uses, the feasibility of developing the Company's power capacity for AI/HPC uses, competition in the markets in which the Company operates, market growth, the Company's ability to innovate and expand into new markets, the Company's ability to realize benefits from its implementation of new strategies into its business, estimates of Bitcoin production; our future hash rate growth (EH/s); the anticipated benefits, construction schedule, and costs associated with the development of our mining facilities in
Investor Contact:
Phil McPherson
303-794-2000 ext. 110
IR@Riot.Inc
Media Contact:
Alexis Brock
303-794-2000 ext. 118
PR@Riot.Inc
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SOURCE Riot Platforms, Inc.