Tag: Riot Platforms

  • Riot Bitcoin Mining Hits Post-Halving High, Expands AI Operations

    Riot Bitcoin Mining Hits Post-Halving High, Expands AI Operations

    In a significant development for the crypto mining sector, Riot Platforms (RIOT) has achieved its highest post-halving Bitcoin production while simultaneously expanding its artificial intelligence (AI) capabilities. This milestone comes as Bitcoin’s network hashrate continues to reach new all-time highs, highlighting the growing strength of mining operations.

    Record-Breaking Bitcoin Production Performance

    Riot’s March 2025 operational highlights include:

    • 533 BTC mined – highest post-halving production
    • 13% month-over-month increase
    • 25% year-over-year growth
    • Total Bitcoin holdings: 19,223 BTC

    AI Infrastructure Expansion at Corsicana Facility

    The company’s strategic pivot toward AI computing infrastructure has gained momentum, supported by a comprehensive feasibility study from Altman Solon. Key facility advantages include:

    Resource Capacity/Specification
    Total Power Secured 1.0 gigawatt
    Operational Power 400 MW
    Available Land 265 acres
    AI/HPC Additional Capacity 600 megawatts

    SPONSORED

    Trade Bitcoin with up to 100x leverage and maximize your mining profits

    Trade Now on Defx

    Technical Performance Metrics

    Riot’s mining operations demonstrated robust technical performance:

    • Deployed hash rate: 33.7 EH/s
    • Average operating hash rate: 30.3 EH/s (3% MoM increase)
    • Year-over-year hash rate growth: 254%
    • Power efficiency: 21.0 J/TH (22% YoY improvement)
    • Power cost: 3.8 cents per kWh

    Market Performance and Future Outlook

    Despite strong operational metrics, Riot’s market performance has faced challenges:

    • 5.5% share price decline on Friday
    • 35% year-to-date decrease
    • Underperformance relative to Nasdaq 100 (-2.8%)

    FAQ Section

    What is Riot’s current Bitcoin production capacity?

    Riot achieved 533 BTC production in March 2025, representing their highest post-halving production level with a 13% month-over-month increase.

    How is Riot expanding into AI computing?

    The company is developing its Corsicana facility with potential for 600 MW of additional AI/HPC capacity, supported by 1.0 gigawatt of secured power and 265 acres of development space.

    What are Riot’s key operational efficiency metrics?

    Riot maintains a 33.7 EH/s deployed hash rate with 21.0 J/TH efficiency and 3.8 cents per kWh power costs, showing significant year-over-year improvements.