James Ding
Dec 04, 2025 19:05
Riot Platforms announced a 2% decline in Bitcoin production for November 2025 compared to the previous month, producing 428 BTC. The company also highlighted operational updates and investor events.
Riot Platforms, Inc. (NASDAQ: RIOT), a leader in Bitcoin mining and data center development, has released its production and operations update for November 2025. The company reported a total production of 428 Bitcoin (BTC) during the month, marking a 2% decrease from the 437 BTC produced in October 2025. Compared to November 2024, this represents a 14% decline, according to the report on Riot Platforms.
Production and Sales Figures
Despite the drop in production, the average Bitcoin produced per day slightly increased by 1% month-over-month to 14.3 BTC. In terms of sales, Riot sold 383 BTC in November, generating net proceeds of $37 million. This figure reflects a 20% decrease from the previous month’s $46 million, with the average net price per Bitcoin sold falling by 16% to $96,560.
Operational Metrics
Riot’s deployed hash rate remained consistent at 36.6 EH/s compared to the previous month, but showed a 19% increase year-over-year. The average operating hash rate for November was 34.6 EH/s, a 4% rise from October’s 33.2 EH/s, and a significant 34% increase from the same period last year. The company’s power credits totaled $2.3 million, up 6% from October, with demand response credits contributing $1.3 million, a notable 22% increase from the previous month.
Strategic Developments
Riot Platforms continues to fortify its position in the cryptocurrency sector with ongoing efforts to recruit talent across various departments. The company is actively expanding its team to support the growth and security of the Bitcoin network. Riot’s strategic approach includes the development of large-scale data centers to meet the rising demand for high-density computing, with operations spanning Texas and Kentucky, and engineering capabilities in Denver and Houston.
Investor and Industry Engagement
Riot Platforms participated in the B. Riley Securities Convergence Conference, focusing on AI, blockchain, and energy, held in New York City on December 4, 2025. This engagement underscores the company’s commitment to staying at the forefront of technological advancements and industry developments.
Riot Platforms’ vision is to be the most trusted platform for digital infrastructure, as it continues to impact sectors, networks, and communities positively. The company’s vertically integrated strategy aims to leverage innovative solutions and strong community partnerships to achieve superior execution and successful outcomes.
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