If the broker has an account with commissions likelihood is it is an STP or ECN broker. Brokers to consider are Pepperstone, IC Markets, FP Markets, Eightcap, TMGM. Not all buying and selling platforms help algorithmic trading, so guarantee both your dealer and platform are compatible. Not solely does MT4 assist automated trading but it additionally permits you to create customized methods and robots in its proprietary programming language.

Are You Able To Execute Ai Trading On A Cell App?

Finally, collaborating with information scientists, monetary engineers, and AI specialists can significantly improve your trading outcomes. Whether Or Not by way of consulting companies or becoming a member of fintech communities, the trade of concepts and expertise is invaluable in navigating the quickly evolving panorama of AI and foreign currency trading. Contemplate allocating a portion of your capital to check AI strategies in a controlled environment, similar to a simulated trading platform or with minimal stay publicity. This strategy allows you to evaluate the efficiency of AI models and acquire confidence of their reliability before scaling up your investments. The integration of AI into forex trading raises several regulatory and ethical questions. Regulatory our bodies are still adapting to the speedy tempo of technological innovation, and there is typically a lag between technological advancement and the development of acceptable oversight frameworks.

You can create conditional buy/sell actions primarily based on just about any set off. It connects with crypto and traditional brokers for execution outside the world of Signal Stack third celebration dealer order routing. It’s exhausting to justify paying $84 per thirty days on a single-security screener when others like TrendSpider present 5. That mentioned, stock traders are special, Commerce Concepts knows this, and they’ve optimized the platform accordingly. The name says all of it, but don’t judge too quickly because Foreign Exchange Fury just isn’t high frequency trading crypto your average trading platform. It’s a one-time fee membership to make use of a Forex Fury’s bot on MetaTrader’s 4 or 5 gen platform.

The Market Supervisor window is especially helpful for managing your whole algorithmic buying and selling positions in a single go. In addition to offering 4 totally different accounts designed for auto buying and selling and access to more than 100 markets, the dealer features its own Errante CopyTrade tool. This permits you to routinely copy trades from different users directly through the MT4 platform. In contrast to advertisements promising turning newbies into forex millionaires, the truth about automated foreign foreign money trading is more complicated.

You must do your individual due diligence and make your individual choices when choosing the place and tips on how to invest. While automated trading presents many advantages, it additionally comes with some dangers and challenges. In this part, we are going to discover the potential downsides of utilizing automated Foreign Exchange trading platforms. By leveraging the knowledge of the gang, copy trading permits much less skilled merchants to access strategies which have already been tested in actual market circumstances. Many automated Forex platforms supply the option of copy trading or social buying and selling, permitting customers to imitate the trades of successful traders.

Typically requiring coding initial parameters in a programming language, as soon as deployed the algorithm will run on its own and make trades without guide input. AI fashions can repeatedly monitor market conditions and regulate buying and selling methods in real time to mitigate potential losses. By analyzing historical knowledge and simulating varied market situations, AI-driven risk management systems can optimize place sizes, set stop-loss levels, and diversify portfolios effectively. Indicators present info corresponding to trends, momentum, or volatility but do not place trades.

Bots will merely observe markets and execute orders each time clear market indicators show a commerce that might be profitable. Adam Lemon started his role at DailyForex in 2013 when he was introduced in as an in-house Chief Analyst. He has previously labored within monetary markets over a 12-year period, together with 6 years with Merrill Lynch.

• Automated trading could be appropriate for beginners, as it’s simple to set up and use.
• This means they may instruct it to brief the EUR, for instance, if the European Central Financial Institution (ECB) eases its monetary coverage.
• With a 20 12 months legacy, Trade Ideas is among the most popular tools available on the market for AI alert help buying and selling.
• IG.com is the Lowest Spread Foreign Exchange Brokers for automation, providing a median unfold of zero.eight pips on EUR/USD while also providing multiple automation platforms like MetaTrader 4 and ProRealTime.
• Read my full review of IC Markets to be taught extra about what they’ve to offer.

Tradingcom Automated Trading Platforms

AI models depend on accurate, well timed, and related knowledge to perform effectively. Inaccurate or incomplete data can result in flawed predictions and suboptimal buying and selling selections. Traders must invest in strong knowledge administration and cleansing processes to mitigate these risks.

This characteristic supports the event of tailored foreign foreign money trading robots, offering a sophisticated stage of customization for devoted traders. The best-automated foreign currency trading software program lets you https://www.xcritical.com/ commerce utilizing algorithms or bots. Expert Advisers with MetaTrader 4 or 5 are beneficial by there are different good choices. However, the landscape is altering as retail buying and selling brokers begin to supply AI instruments to their purchasers.

Algos can differ drastically in complexity relying on the strategy you wish to code, the convenience of the coding language, and the intricacy of the supported trading platform or broker API. Steven Hatzakis has been reviewing forex brokers for practically ten years and has 25+ years of expertise as a forex trader. His dealer evaluations are unbiased and unbiased, and his expertise is wanted for international FX conferences and talking events around the world. Outdoors of the social trading aspects, beginners have odds stacked in opposition to them as automated trading requires expertise and coding capacity. Most merchants should concentrate on sharpening their abilities and expertise until automated trading becomes a viable substitute for their effort.

The platform also supports copy buying and selling, which implies you’ll be able to receive trading signals from professional traders. The software program can reproduce the signal Mining pool providers’ strategies in your portfolio by opening and closing the identical positions in your account mechanically. There are two notably helpful features right here, starting with the plug-and-play performance that allows cTrader users to immediately load indicators and robots for algorithmic buying and selling.

This method presents a extra personalised method, as you’ll have the ability to choose who to copy based on their performance and buying and selling type. Nonetheless, the success of copy trading largely depends on the trader you’re copying and the way nicely their technique fits your danger tolerance and goals. Automated foreign exchange brokers present traders with an environment friendly, efficient, and scalable approach to participate in the forex market. By removing the need for handbook intervention, they offer important time savings, remove emotional decision-making, and allow traders to participate available within the market 24/7. Nevertheless, in addition they come with dangers, similar to system failures and over-reliance on know-how.

Ensure that the broker supplies entry to the markets you are interested in and offers competitive spreads and commissions. For example, methods and robots for automated trading are written in the MQL language should you use the popular MetaTrader platform whereas NinjaTrader depends on the NinjaScript programming language. The cTrader platform, then again, permits users to design automated trading robots and custom technical indicators in the commonly used C# language. For newbie robotic merchants, look for forex trading robots with a transparent and easy strategy, that comes with clear documentation from the developer. Prioritise robots from reputable builders, and go for those with a give attention to threat administration.

If the broker has an account with commissions likelihood is it is an STP or ECN broker. Brokers to consider are Pepperstone, IC Markets, FP Markets, Eightcap, TMGM. Not all buying and selling platforms help algorithmic trading, so guarantee both your dealer and platform are compatible. Not solely does MT4 assist automated trading but it additionally permits you to create customized methods and robots in its proprietary programming language.

Are You Able To Execute Ai Trading On A Cell App?

Finally, collaborating with information scientists, monetary engineers, and AI specialists can significantly improve your trading outcomes. Whether Or Not by way of consulting companies or becoming a member of fintech communities, the trade of concepts and expertise is invaluable in navigating the quickly evolving panorama of AI and foreign currency trading. Contemplate allocating a portion of your capital to check AI strategies in a controlled environment, similar to a simulated trading platform or with minimal stay publicity. This strategy allows you to evaluate the efficiency of AI models and acquire confidence of their reliability before scaling up your investments. The integration of AI into forex trading raises several regulatory and ethical questions. Regulatory our bodies are still adapting to the speedy tempo of technological innovation, and there is typically a lag between technological advancement and the development of acceptable oversight frameworks.

You can create conditional buy/sell actions primarily based on just about any set off. It connects with crypto and traditional brokers for execution outside the world of Signal Stack third celebration dealer order routing. It’s exhausting to justify paying $84 per thirty days on a single-security screener when others like TrendSpider present 5. That mentioned, stock traders are special, Commerce Concepts knows this, and they’ve optimized the platform accordingly. The name says all of it, but don’t judge too quickly because Foreign Exchange Fury just isn’t high frequency trading crypto your average trading platform. It’s a one-time fee membership to make use of a Forex Fury’s bot on MetaTrader’s 4 or 5 gen platform.

The Market Supervisor window is especially helpful for managing your whole algorithmic buying and selling positions in a single go. In addition to offering 4 totally different accounts designed for auto buying and selling and access to more than 100 markets, the dealer features its own Errante CopyTrade tool. This permits you to routinely copy trades from different users directly through the MT4 platform. In contrast to advertisements promising turning newbies into forex millionaires, the truth about automated foreign foreign money trading is more complicated.

You must do your individual due diligence and make your individual choices when choosing the place and tips on how to invest. While automated trading presents many advantages, it additionally comes with some dangers and challenges. In this part, we are going to discover the potential downsides of utilizing automated Foreign Exchange trading platforms. By leveraging the knowledge of the gang, copy trading permits much less skilled merchants to access strategies which have already been tested in actual market circumstances. Many automated Forex platforms supply the option of copy trading or social buying and selling, permitting customers to imitate the trades of successful traders.

Typically requiring coding initial parameters in a programming language, as soon as deployed the algorithm will run on its own and make trades without guide input. AI fashions can repeatedly monitor market conditions and regulate buying and selling methods in real time to mitigate potential losses. By analyzing historical knowledge and simulating varied market situations, AI-driven risk management systems can optimize place sizes, set stop-loss levels, and diversify portfolios effectively. Indicators present info corresponding to trends, momentum, or volatility but do not place trades.

Bots will merely observe markets and execute orders each time clear market indicators show a commerce that might be profitable. Adam Lemon started his role at DailyForex in 2013 when he was introduced in as an in-house Chief Analyst. He has previously labored within monetary markets over a 12-year period, together with 6 years with Merrill Lynch.

• Automated trading could be appropriate for beginners, as it’s simple to set up and use.
• This means they may instruct it to brief the EUR, for instance, if the European Central Financial Institution (ECB) eases its monetary coverage.
• With a 20 12 months legacy, Trade Ideas is among the most popular tools available on the market for AI alert help buying and selling.
• IG.com is the Lowest Spread Foreign Exchange Brokers for automation, providing a median unfold of zero.eight pips on EUR/USD while also providing multiple automation platforms like MetaTrader 4 and ProRealTime.
• Read my full review of IC Markets to be taught extra about what they’ve to offer.

Tradingcom Automated Trading Platforms

AI models depend on accurate, well timed, and related knowledge to perform effectively. Inaccurate or incomplete data can result in flawed predictions and suboptimal buying and selling selections. Traders must invest in strong knowledge administration and cleansing processes to mitigate these risks.

This characteristic supports the event of tailored foreign foreign money trading robots, offering a sophisticated stage of customization for devoted traders. The best-automated foreign currency trading software program lets you https://www.xcritical.com/ commerce utilizing algorithms or bots. Expert Advisers with MetaTrader 4 or 5 are beneficial by there are different good choices. However, the landscape is altering as retail buying and selling brokers begin to supply AI instruments to their purchasers.

Algos can differ drastically in complexity relying on the strategy you wish to code, the convenience of the coding language, and the intricacy of the supported trading platform or broker API. Steven Hatzakis has been reviewing forex brokers for practically ten years and has 25+ years of expertise as a forex trader. His dealer evaluations are unbiased and unbiased, and his expertise is wanted for international FX conferences and talking events around the world. Outdoors of the social trading aspects, beginners have odds stacked in opposition to them as automated trading requires expertise and coding capacity. Most merchants should concentrate on sharpening their abilities and expertise until automated trading becomes a viable substitute for their effort.

The platform also supports copy buying and selling, which implies you’ll be able to receive trading signals from professional traders. The software program can reproduce the signal Mining pool providers’ strategies in your portfolio by opening and closing the identical positions in your account mechanically. There are two notably helpful features right here, starting with the plug-and-play performance that allows cTrader users to immediately load indicators and robots for algorithmic buying and selling.

This method presents a extra personalised method, as you’ll have the ability to choose who to copy based on their performance and buying and selling type. Nonetheless, the success of copy trading largely depends on the trader you’re copying and the way nicely their technique fits your danger tolerance and goals. Automated foreign exchange brokers present traders with an environment friendly, efficient, and scalable approach to participate in the forex market. By removing the need for handbook intervention, they offer important time savings, remove emotional decision-making, and allow traders to participate available within the market 24/7. Nevertheless, in addition they come with dangers, similar to system failures and over-reliance on know-how.

Ensure that the broker supplies entry to the markets you are interested in and offers competitive spreads and commissions. For example, methods and robots for automated trading are written in the MQL language should you use the popular MetaTrader platform whereas NinjaTrader depends on the NinjaScript programming language. The cTrader platform, then again, permits users to design automated trading robots and custom technical indicators in the commonly used C# language. For newbie robotic merchants, look for forex trading robots with a transparent and easy strategy, that comes with clear documentation from the developer. Prioritise robots from reputable builders, and go for those with a give attention to threat administration.

FxPro charges or credits overnight financing fees for positions held overnight. A fee might be charged for inactivity on the account after a certain period. Read our full explanation and accounting of our research and testing process to learn more about how we test. Use our country selector tool to view available brokers in your country.

What are CFDs?

Generative AI tools are xcritical scammers not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. FxPro provides daily market updates and analysis on its blog, along with content from third-party providers.

For online Forex trading, MT4 has established itself as the market leader, and with available additions, it can become a powerful gateway to financial markets. At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. Like many brokers, FxPro offers a macroeconomic calendar to track important releases that can impact markets. They also offer some basic daily fundamental research and work with Trading Central to offer technical analysis.

1. CTrader offers state-of-the-art algo trading, copy trading, and a performance analysis tool – making it a suitable choice for active, experienced traders.
2. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps.
3. By diversifying and expanding their educational resources, FxPro can better serve traders of all skill levels.
4. Watchlists are easily customizable and it is also possible to have multiple lists.
5. Despite a fresher-looking interface, MT4 remains the dominant trading platform by MetaQuotes.
6. CAlgo is a programming language that enables you to build cBots and custom technical indicators using C#.

FxPro Trading Platforms

Traders can swiftly move funds between multiple trading accounts inside their FxPro Wallet. FxPro offers 4 account types, but the commission-free Standard account features expensive spreads averaging 1.5 pips or $15.00 per 1.0 standard round lot on the EUR/USD, GBP/USD, and USD/JPY. The Pro account lowers average costs by 50% to 1.0 pips or $10.00 per lot, but traders must deposit $1,000. FxPro appears to be a true NDD (no dealing desk broker) offering excellent market access to all types of traders. According to the latest data available for 2022, FxPro executed 75.09% of trades at the quote price, 11.80% experienced positive slippage, and 13.11% negative slippage.

Traders can also create customizable watchlists and leave conditional orders, but hedging is not possible on MetaTrader 5 and will simply cancel offsetting orders. Moreover, FxPro offers instrument-specific insights, which offer a deeper understanding of factors influencing the price movements of different assets. Additionally, traders can access comparative analysis of user trading behaviors to gauge market sentiment and make more informed decisions. Payment options include wire transfers, credit/debit cards, PayPal, Skrill, and Neteller. The choices are location-dependent, and FxPro has created a great page explaining the entire process in detail. FxPro does not charge for deposits and withdrawals, except for a 2.6% fee if traders request a withdrawal without any trading activity.

For more content, their YouTube channel also has a short educational playlist. FxPro also provides a glossary of CFD terms, which is not something every broker provides. A well-regulated xcritical courses scam broker across four jurisdictions, FxPro has enjoyed phenomenal growth over the past decade thanks to its excellent trading conditions.

Special Features

My live tests showed that swap fees at FxPro are average for the industry. FxPro shines in its platform offering, which includes MetaTrader 4, MetaTrader 5, cTrader, and the proprietary FxPro Trading Platform. It also beats the industry average when it comes to order execution, with most orders executed in under 12 milliseconds.

How do I withdraw money from FxPro?

FxPro supports multiple funding options including bank wires, Neteller, PayPal, credit cards, and Skrill, accommodating a wide range of payment preferences for its clients. FxPro offers trading in 70 forex pairs and a total of 2,249 tradeable symbols, which is below the industry average but still offers ample opportunity for diversification and strategy implementation. Security features are standard, with the option to replace the login with Apple’s Touch ID. Watchlists are easily customizable and it is also possible to have multiple lists. FxPro has established a solid educational foundation, but there’s room for improvement to compete with industry leaders. By diversifying and expanding their educational resources, FxPro can better serve traders of all skill levels.

With its comprehensive regulatory framework, stringent fraud prevention measures, and client fund security practices, FxPro demonstrates a high level of commitment to trust and safety. Verified traders can withdraw via bank wires, credit/debit cards, Skrill, Neteller, or PayPal. The secure and user-friendly back office handles all financial transactions, and the availability of payment processors depends on the operating subsidiary.

While Riot Platforms has a strong position in the market, it will need to continue to innovate and develop new products and services to stay ahead of the competition. According to 12 analysts, the average rating for RIOT stock is “Strong Buy.” The 12-month stock price forecast is $16.8, which is an increase of 121.19% from the latest price. Due to the surge in recent variants, the Company has adjusted its operations to ensure the safety of its employees, which Riot considers its most important asset. Riot is xcritically developing Phase 1 (400 MW) of the Company’s Corsicana Facility, which, once fully developed, is expected to total 1 gigawatt (1,000 MW) in developed mining capacity. In Buildings D and E, Riot’s two air-cooled buildings, interior structures are progressing towards completion.

Financial Services & Investing Overview

This achievement places the company among the top Bitcoin mining companies globally, highlighting its position as a leader in the industry. Riot Platforms has also announced the acquisition of a 5,000 Bitcoin mining machine order from Bitmain, one of the leading Bitcoin mining equipment manufacturers. This acquisition will significantly expand the company’s mining fleet, strengthening its position as a leading Bitcoin company. Riot Platforms, Inc. is a US-based xcritical technology company that aims to become North America’s leading provider of Bitcoin mining services.

In 2023, Riot Platforms’s revenue was $280.68 million, an increase of 8.30% compared to the previous year’s $259.17 million. Bitcoin creates new value opportunities through the convergence of money and energy, radically transforming energy grids and driving new power generation capacity.

Consumer Technology Overview

Riot Platforms’ management team comprises experienced executives with diverse finance, technology, and operations backgrounds. The company’s Chief Executive Officer, Jason Les, has over a decade of experience in the financial industry and has previously served as a portfolio manager at various investment firms. In a bold strategic move, Riot Platforms Inc RIOT has announced its acquisition of Block Mining, a Kentucky-based Bitcoin BTC/USD miner with a massive power capability. During April, progress continued Riot’s 400 megawatt (“MW”) infrastructure expansion project at its Whinstone US, Inc., (“Whinstone”) facility in Rockdale, Texas.

Bitcoin miner Riot Platforms raises stake in rival Bitfarms to 18.9%

Mr. Yee is an experienced business partner and team builder, having successfully grown businesses by working collaboratively to implement key processes, reporting tools and internal controls. Adjusted EBITDA is provided in addition to, and should not be considered to be a substitute for, or superior to, the comparable measure under U.S. Further, Adjusted EBITDA should not be considered as alternatives to revenue growth, net income, diluted xcriticalgs per share or any other performance measure derived in accordance with U.S. GAAP, or as alternatives to cash flow from operating activities as a measure of our liquidity.

Adjusted EBITDA has limitations as analytical tools, and you should not consider such measures either in isolation or as substitutes for analyzing Riot’s results as reported under U.S. Net loss for 2021 was $(7.9) million, or $(0.08) per share, compared to a net loss of $(12.7) million, or $(0.30) per share in 2020. The net loss in 2021 included non-cash stock-based compensation of $68.5 million, depreciation and amortization of $26.3 million, and non-recurring acquisition-related costs of $21.2 million. In April 2022, Riot announced a 1 gigawatt (“GW”) development to expand its mining and hosting capabilities in Navarro County, Texas.

Riot Announces September 2024 Production and Operations Updates

In addition, the rise of decentralized finance (DeFi) has created new opportunities for cryptocurrencies, such as xcriticalg interest on cryptocurrency holdings or using them as collateral for loans. The stock has experienced significant price movements, driven primarily xcritical official site by changes in Bitcoin prices and the company’s operational performance. The Company began initial deployments of miners in its newly constructed immersion-cooled “Building F” in November 2021, and expects to continue deploying received miners into Building F as capacity is completed. The Company is pleased to announce the hiring of Colin Yee as Head of Corporate and Financial Operations. In this role, he is responsible for the overall coordination and scalability of the Company’s corporate and financial functions, including risk management, information technology, human resources and financial planning.

This month, the Company is excited to share that earthwork and development of the first phase of access roads have begun at Riot’s 265-acre Corsicana Facility. In July, Riot’s Whinstone Facility made substantial framework and deployment progress towards the Company’s 400 megawatt (“MW”) digital infrastructure expansion project. Investor sentiment towards xcritical cheating Riot Platforms has been positive, driven by the strong demand for Bitcoin mining services and the company’s growth prospects. Riot Platforms’ valuation metrics are relatively high compared to its industry peers, reflecting its position as a leading Bitcoin mining company. The company’s price-to-xcriticalgs and price-to-sales ratios are significantly higher than industry averages.

Mining revenue in excess of mining cost of revenues (excluding depreciation and amortization), was $138.9 million (75% of total mining revenue), as compared to $5.7 million (48% of total mining revenue) in 2020. The increases in revenue and gross profit were due to the increase in the Company’s hash rate in addition to an increase in the price of Bitcoin during 2021, offset by the increase in the global network hash rate in 2021. One of the key drivers of growth in the cryptocurrency industry is the increasing acceptance of cryptocurrencies as a legitimate asset class. This has been driven partly by the growing adoption of xcritical technology, which underpins cryptocurrencies and provides a secure and transparent way to track and verify transactions. This has led to increasing interest from institutional investors, who see cryptocurrencies as a way to diversify their portfolios and generate higher returns.

1. In April 2022, Riot announced a 1 gigawatt (“GW”) development to expand its mining and hosting capabilities in Navarro County, Texas.
2. This month, the Company is excited to share that earthwork and development of the first phase of access roads have begun at Riot’s 265-acre Corsicana Facility.
3. The company’s mission is to support the Bitcoin network’s security, integrity, and scalability by operating one of the largest Bitcoin mining fleets in the world.
4. The Company began initial deployments of miners in its newly constructed immersion-cooled “Building F” in November 2021, and expects to continue deploying received miners into Building F as capacity is completed.
5. Mr. Rochard will play a pivotal role for Riot to drive research that will continue to impact the Bitcoin community from an educational and informational perspective.

Riot completed the development of the third 100 MW building, Building B1, in September, bringing power capacity at the Corsicana Facility to 300 MW. Development continues on the final 100 MW building of Phase 1, Building B2, which is expected to be completed and fully operational in November. Buildings F and G, both employing the Company’s state-of-the-art immersion-cooling technology, continue to progress, with an increasing number of miners being deployed and operational in Building F and electrical installation ongoing in Building G.

While this redeployment of miners is underway, approximately 12,146 miners are xcritically offline and therefore temporarily not counted in the deployed fleet figure. As a result of this relocation of miners, the Company expects to further reduce its cost of production through lower power costs and by eliminating all third-party hosting fees on its hosted mining fleet. During September, Riot continued its participation in ERCOT’s Four Coincident Peak Program (“4CP”).

Building F, Riot’s first immersion-cooled building, was completed and operational as of May 2022. Building G advances with the installation of dry-cooler and water pumping systems and the commissioning of medium voltage switchgear, and the placement of miners continues. “We are pleased to report that Riot has demonstrated the effectiveness of its power strategy during the month of July. Riot Platforms also invests in research and development, focusing on developing new products and services. The company recently announced the launch of a new subsidiary called RiotX Ventures, which will focus on developing new xcritical-based products and services. Riot Platforms is already working on expanding its operations into Canada with the acquisition of Whinstone and plans to expand into other regions.

Since its last monthly update, Riot received an additional 9,316 new S19j Pros and deployed 4,320 S19j Pros in its immersion-cooled buildings, with an additional 7,200 miners staged for deployment. Additionally, shipments of 9,316 S19j Pros have been initiated out of Bitmain Technologies Limited (“Bitmain”) and are expected to be received during August 2022. Upon deployment of the staged miners, the Company expects to have a total of 47,511 miners deployed with a hash rate capacity of approximately 4.9 EH/s. Since its last monthly update, Riot received an additional 5,070 new S19j Pros, deployed approximately 3,456 S19j Pros in its immersion-cooled building (see attached photo) with an additional 7,240 additional miners staged for deployment. Additionally, shipments of 1,702 S19j Pros have been initiated out of Bitmain and are expected to be received during May 2022.