Key Takeaways
- Riot mined 527 bitcoin in January, a 2% improve from December.
- The corporate revised its year-end hashrate goal to 38.4 EH/s.
- Riot is evaluating AI and HPC alternatives at its Corsicana web site.
Riot Platforms reported mining 527 bitcoin in January, marking a slight improve from December’s manufacturing of 516 bitcoin.
The corporate’s deployed hashrate grew to 33.5 EH/s, a 6% improve from the earlier month.
Bitcoin holdings & effectivity
The corporate additionally elevated its bitcoin holdings to 18,221, representing a 3% rise from December.
Riot continues to give attention to enhancing effectivity, lowering its fleet’s power consumption from 21.9 joules per terahash (J/Th) in December to 21.1 J/Th in January.
Corsicana facility updates
Riot revised its 2025 year-end hashrate projection from 46.7 EH/s to 38.4 EH/s after pausing enlargement at its Corsicana Facility.
The corporate is now evaluating utilizing the remaining 600 megawatts (MW) of energy capability at Corsicana for synthetic intelligence (AI) and high-performance computing (HPC) as a substitute of Bitcoin mining.
Strategic partnerships
The corporate has engaged Altman Solon, a consulting agency, to evaluate the feasibility of repurposing the positioning for AI and HPC purposes.
Future plans & outlook
Riot stays targeted on scaling its mining operations whereas optimizing prices.
In January, the corporate acquired $3.6 million in energy credit, contributing to its price effectivity.