Riot Platforms produced 520 bitcoin in January

January bitcoin produced: 520; average bitcoin produced per day 16.8. Bitcoin held: 7,648. Bitcoin sold: 212. Deployed hash rate: 12.4 EH/s. Deployed miners: 112,944. Bitcoin sales – net proceeds: $9.5 million. “Riot had a strong month in January, mining 520 Bitcoin while utilizing our unique power strategy,” said Jason Les, CEO of Riot. “Texas experienced extreme cold during the month, which led to increased demand for power. During periods of high demand, Riot’s power curtailment efforts helped to stabilize the grid and generated $3.3 Million in Power and Demand Response Credits, equivalent to approximately 77 Bitcoin based on the average price of Bitcoin during the month. Riot’s unique power strategy is central to positioning us as one of the lowest cost miners, and is a key competitive advantage, alongside our unmatched balance sheet strength and vertically integrated operations, as our industry transitions through the upcoming Bitcoin halving.”