Riot Platforms produces 425 bitcoins in March up 2% M/M

Riot Platforms mining, announces unaudited production and operations updates for March 2024.”March was a key month for Riot as we approach the commencement of operations at our new Corsicana Facility,” said Jason Les, CEO of Riot. “Riot’s first building at the Corsicana Facility, Building A1, is expected to commence operations in mid-April 2024, and will add an anticipated 3.7 EH/s to our self-mining hash rate once miners have been fully deployed shortly thereafter. At our Corsicana Facility, we are incredibly excited to showcase Riot’s deployment of leading-edge, industrial-scale immersion technology, featuring latest-generation MicroBT immersion miners, which will drive significantly improved scale and efficiency of operations. “Development of the next three buildings at the Corsicana Facility is in process, completion of which will bring an anticipated 13 EH/s of self-mining capacity online this year. We have already received a majority of the miners required for Building A2 and expect the balance to be received during April. Our self-mining capacity is expected to reach 31 EH/s by the end of 2024, upon full deployment of miners in the first four buildings at our Corsicana Facility.”