Bitcoin Miner Riot Sells 3,778 BTC in Q1 2026

Odaily News Riot Platforms has released its unaudited production and operational data for the first quarter of 2026. The company produced 1,473 BTC during the quarter, with a daily average output of 16.4 BTC, representing a 4% year-over-year decrease. It sold 3,778 BTC in the quarter, generating net proceeds of $289.5 million at an average selling price of $76,626. As of the end of the quarter, it held 15,680 BTC, including 5,802 restricted bitcoins, an 18% decrease year-over-year.

In terms of hashrate, the total deployed hashrate reached 42.5 EH/s, a 26% year-over-year increase; the average operating hashrate was 36.4 EH/s, a 23% year-over-year increase. The fleet efficiency was 20.2 J/TH, optimized by 4% year-over-year. Total power credits amounted to $21 million, a 171% year-over-year increase, of which demand response credits were $7.5 million, a 278% year-over-year increase. The comprehensive power cost decreased to 3.0 cents per kilowatt-hour, down 21% year-over-year.