BITCOIN MINING FOR AMERICA

Riot Blockchain, Inc. is a bitcoin mining company, supporting the Bitcoin blockchain through rapidly expanding industrial scale mining focused in the United States. We are consistently focused on expanding our operations by increasing our bitcoin mining hash rate, while decreasing our costs of production. Riot believes the future bitcoin mining will benefit from American operations and endeavors to be the driver of that future.

Bitcoin Mining

Our 100% dedicated bitcoin mining operations are currently located at Coinmint LLP’s Massena, New York facility which houses our deployed hardware fleet consisting of 13,746 next generation Bitmain Antminers. We currently have a deployed hash rate capacity of 1.3 EH/s utilizing approximately 43 megawatts (MW) of energy.

Riot has 8,900 more S19 Pros scheduled for delivery in April/May 2021 which is expected to increase our hash rate capacity to 2.3 EH/s utilizing approximately 73 MW of energy.

Current Mining Rate

Hash Rate

Hash Rate

1.3 EH/S

Exahashes per second

Efficiency

Efficiency

32.4 W/TH
Power Consumption

Power Consumption

43 MW

Max. Megawatts

Summary of Riot’s bitcoin mining growth milestones:

4,000 S17 Pro miners deployed bringing operational hash rate capacity to 247 PH/s.

Riot enters co-location hosting agreement with Coinmint in Massena, NY to reduce the Company’s cost of production and increase available MW capacity for expansion. 1,000 S19 Pro miners (110 TH/s) are ordered from Bitmain.

1,040 S19 miners (95 TH/s) are ordered from Bitmain, bringing the total outstanding order to 2,040 miners. De-commissioned and sold original fleet of prior generation low efficiency miners, upon halving event.

1,000 S19 Pro miners (110 TH/s) are ordered from Bitmain; cumulative outstanding order totals 3,040 miners.

1,000 S19 Pro (110 TH/s) miners are received and deployed in Massena, NY. Riot’s mining fleet totals 5,000 miners with an operational hashing capacity of 357 PH/s

1,040 S19 (95 TH/s) miners are received and deployed in Massena, NY. Riot’s mining fleet totals 6,040 miners with an operational hashing capacity of 456 PH/s. 13,100 S19 Pro miners (110 TH/s) are ordered from Bitmain, bringing the total outstanding order to 14,100 miners.

1,003 S19 Pro (110 TH/s) miners are received and deployed in Massena, NY. Riot’s mining fleet totals 7,043 miners with an operational hashing capacity of 566 PH/s.

2,500 S19 Pro miners (110 TH/s) and 15,000 S19j miners (100 TH/s) are ordered from Bitmain, bringing the total outstanding order to 30,600 miners.

6,703 S19 Pro (110 TH/s) miners are received and deployed in Massena, NY during Q1 2021. Riot’s mining fleet totals 13,746 miners with an operational hashing capacity of 1.3 PH/s. 1,500 S19j miners (100 TH/s) are ordered from Bitmain, bringing the total outstanding order to 25,400 miners.

The publicly announced orders of 25,400 S19 Pro (110 TH/s) and S19j (90/100 TH/s) miners are expected to be received and deployed through October 2021 and are expected to raise Riot’s total operational hash rate capacity to 4 EH/s. Riot expects to then have a fully deployed fleet totaling approximately 39,146 miners.

Stock Information