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533 BTC: Riot Platforms Soars Post-Halving, Eyes AI Expansion!

Riot Platforms reported a significant increase in bitcoin production for March 2025, reaching 533 BTC. This marks the highest production since the reward halving nearly a year ago. The company saw a 13% rise from the previous month and a 25% increase compared to the same period last year. Riot’s bitcoin holdings now stand at 19,223 BTC. The firm is aggressively expanding its Corsicana facility to meet the growing demand for AI and high-performance computing infrastructure. A feasibility study by Altman Solon confirmed the site’s potential to support up to 600 megawatts of additional capacity for AI/HPC applications. The facility currently has 1.0 gigawatt of secured power, with 400 MW operational, and spans 265 acres near Dallas. Riot maintained a steady deployed hash rate of 33.7 EH/s, with an average operating hash rate of 30.3 EH/s, up 3% month-over-month and 254% year-over-year. Despite seasonal declines in power credits, the company kept its all-in power cost at 3.8 cents per kWh and improved fleet efficiency to 21.0 J/TH, a 22% improvement from the previous year.

Source: www.coindesk.com

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