Categories: Bitcoin Latest News

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. 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 Platforms, Inc. (@RiotPlatforms) July 3, 2025

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.

Read More[#item_full_content]Bitcoin Magazine

AddThis Website Tools

Recent Posts

Bitcoin Volatility Index and the S&P 500 VIX Boast Record 90-Day Correlation

New statistical evidence has emerged, suggesting that bitcoin's (BTC) market dynamics are now intricately linked…

46 minutes ago

Are Traders Walking Into a Bitcoin Bull Trap at $118K? Here’s What the Data Shows

Bitcoin’s recent price action reflects a consolidation phase rather than a decisive move in either…

2 hours ago

Ether, XRP Trades Book Bigger Losses Than Bitcoin as Bulls See $680M Liquidations

A sharp pullback across crypto markets on Tuesday triggered nearly $735 million in liquidations with…

3 hours ago

Bitcoin Price Aims Fresh Gains After Consolidation: Can the Rally Resume?

Bitcoin price is eyeing a fresh increase above the $118,500 resistance. BTC must clear the…

5 hours ago

BREAKING – US Set To Reveal Key Crypto Report—A Make‑Or‑Break Moment For Bitcoin

US crypto watchers are on edge. A new policy report is set to land before…

5 hours ago

Bitcoin Flow Pulse Breaks From 2017, 2021 Patterns – What It Means For The Rally

As Bitcoin (BTC) continues to trade near its all-time high (ATH) of $123,218, concerns over…

6 hours ago