Bitcoin Miner Riot Produces 450 Bitcoin In June
Bitcoin Magazine Bitcoin Miner Riot Produces 450 Bitcoin In June Today, Riot Platforms, Inc. (NASDAQ: RIOT) reported the production of 450 Bitcoin in June 2025, a 12% decrease from May but a 76% increase year-over-year....
Bitcoin Magazine
Bitcoin Miner Riot Produces 450 Bitcoin In June
Today, Riot Platforms, Inc. (NASDAQ: RIOT) reported the production of 450 Bitcoin in June 2025, a 12% decrease from May but a 76% increase year-over-year. The company also saw a surge in power credits, totalling $5.6 million, more than double from the previous month.
Riot Announces June 2025 Production and Operations Updates.
Riot mined 450 #bitcoin in June, increasing total bitcoin holdings to 19,273. The Company had a deployed hash rate of 35.5 EH/s and an all-in power cost of 3.4¢/kWh.
Read the full press release here:… pic.twitter.com/V6Y0D1A1pQ
Riot sold 397 Bitcoin for $41.7 million, representing a 21% decrease in volume and a 19% decline in proceeds from May, but at a higher average price per coin ($105,071). The company ended the month holding 19,273 Bitcoin, more than double the amount held in June 2024.
The average operating hash rate decreased 5% month-over-month to 29.8 EH/s, but remains 162% higher than a year ago. Fleet efficiency held steady at 21.2 J/TH, an 18% improvement over the prior year.
“Riot mined 450 bitcoin in June, which also represented the start of ERCOT’s Four Coincident Peak (“4CP”) program,” stated the CEO of Riot, Jason Les. “Riot’s power strategy, which includes economic curtailment and voluntary participation in the 4CP and other demand response programs, significantly contributes to grid stability while enhancing Riot’s competitive positioning.”
June’s performance follows a similar April, in which Riot produced 463 Bitcoin, sold 475 Bitcoin for $38.8 million at an average price of $81,731, and completed a major acquisition. The company acquired all tangible assets of Rhodium at its Rockdale Facility, including 125 MW of power capacity.
“April was a significant month for Riot as we closed on the acquisition of all of the tangible assets of Rhodium at our Rockdale Facility, including 125 MW of power capacity, and mutually ended all outstanding litigation,” said Les. “This transaction ends the hosting agreement with our last hosting client and marks the complete exit of Riot from the bitcoin mining hosting business.”
This post Bitcoin Miner Riot Produces 450 Bitcoin In June first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.
Original source
Read on Bitcoin MagazineRelated market context
Bitcoin price faces new risk as big buyers lose conviction
Bitcoin’s largest buyers are no longer behaving like a reliable backstop for the largest cryptocurrency. The exchange-traded funds...
SpaceX Officially Joins Public Bitcoin Leaderboard as 8th Largest Holder With 18,712 BTC
Bitcoin Magazine SpaceX Officially Joins Public Bitcoin Leaderboard as 8th Largest Holder With 18,712 BTC Elon Musk’s SpaceX launc...
THE THIRD RUSH: Where is the “Bitcoin” of the Ai Goldrush?
After months of deep thinking & a lot of discussions with some very smart people, I’ve decided to write an article for the first t...
Coinbase Council Warns 7 Million Bitcoin May Face Future Quantum Risk
TL;DR Coinbase’s Quantum Advisory Council says post-quantum migration planning should begin before quantum attacks become practica...
Crypto News, June 12: Bitcoin Pump and Dump As Trump Says Iran Peace Deal “Closing” for The 40th time, Clarity Act Heats Up at SpaceX IPO Day
Trump is stirring the news and crypto with a fresh Iran peace deal, again. Also, we are in to witness SpaceX IPO as it kicks off w...
U.S. Charges Two Men for $389 Million Bitcoin and Crypto Money Laundering Scheme Tied to Dark Web
Bitcoin Magazine U.S. Charges Two Men for $389 Million Bitcoin and Crypto Money Laundering Scheme Tied to Dark Web Federal prosecu...