A prominent player in Bitcoin mining and data center development has shared its unaudited production and operations updates for August 2025. The company produced 477 Bitcoin this August, representing a 48% increase compared to the same month last year, establishing a new record for the month.
Despite a minor 2% drop in Bitcoin production from July 2025, Riot’s output in August shows a remarkable increase compared to the previous year. The average daily Bitcoin production was noted at 15.4, a slight decrease from July’s figure of 15.6. The company held 19,309 Bitcoin by the end of August, reflecting a significant 93% increase from August 2024. Riot sold 450 Bitcoin in August, resulting in net proceeds of $51.8 million. The average net price per Bitcoin sold stood at around $115,035, indicating a consistent selling price from month to month. The company’s deployed hash rate saw a 3% increase from July, now standing at 36.4 exahashes per second (EH/s), marking a significant 56% rise compared to the previous year. Furthermore, the average operating hash rate experienced a 4% rise to 31.4 EH/s, indicating a 117% improvement compared to the previous year.
Riot’s power strategy continues to deliver impressive outcomes, with total power credits reaching $16.1 million, reflecting a 16% increase from July and a remarkable 148% rise from August 2024. The total power cost was noted at 2.6 cents per kilowatt-hour, showcasing the company’s efficient power management strategies. Riot is scheduled to take part in multiple investor events this September. These events will serve as an opportunity for the company to connect with investors and outline its strategic plans and growth potential. Riot is actively expanding its team through ongoing recruitment efforts to strengthen its Bitcoin network capabilities. The company is on the lookout for skilled individuals to enhance its team as it persists in innovating and broadening its operations.
Riot Platforms is dedicated to maintaining its position as a top-tier infrastructure platform driven by Bitcoin, emphasizing efficiency and strategic growth to bolster the Bitcoin blockchain. The company is diligently enhancing its power infrastructure to support extensive mining operations at its facilities in Texas and Kentucky, while also expanding engineering and fabrication efforts in Colorado and Houston.