Share this article
Riot Blockchain Bitcoin Mined Rises to 511 in March
The company also sold 200 bitcoin during the month, raising $9.4 million.
Updated May 11, 2023, 7:17 p.m. Published Apr 5, 2022, 10:09 p.m.
Bitcoin miner Riot Blockchain (RIOT) produced 511 bitcoin during March, up 176% from 185 mined a year earlier. As of month's end, the company held 6,062 bitcoin on its balance sheet.
In a somewhat unusual move, Riot also sold 200 bitcoin during March at an average price of $47,090 each, for a total of roughly $9.4 million. The company earlier this week filed a shelf offering for the sale of up to $500 million in stock via an "at-the-market" program.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Riot received another 1,080 Bitmain S19j Pros during March, deployed 4,440 S19j Pros, and has another 5,030 units ready for deployment. There are also another 5,430 units that Bitmain has shipped and Riot expects to receive during April.
Once all of the machines have been put to work, Riot will have a total of 53,379 miners working, with a hashrate of about 5.4 EH/s. By January of next year, the company expects to have a hashrate capacity of 12.9 EH/s, which assumes full deployment of about 120,150 Antminer ASICs.
Riot's stock price is up marginally in after-hours action, but fell 7% during the regular session amid a broad sell-off for the bitcoin mining sector. Marathon Digital (MARA) shares dropped 9.2%, Hive Blockchain (HIVE) was down 5.2% and Hut 8 (HUT) waslower by 5.8%.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
What to know:
- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
Top Stories
