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Total hash rate capacity target by end of 2024

Company: Riot

Subject kind
guidance
Statement date
2024-04-28
Promised by
2024-12-31
Promised amount
31.0 EH/s
Current status
verified

What the later record shows

Delivered on time · happened December 31, 2024

Combined deployed hash rate was 31.5 EH/s as of December 31, 2024, meeting the 31 EH/s capacity target.

“Combined hash rate, deployed ​ ​ 31.5 ​ ​ 12.4 ​ ​ 9.7”
2025-02-27 · Riot 10-K filed 2025-02-28 View cached copy (2026-08-31)Live source ↗

Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

Based on existing operations and expected miner deliveries, the company anticipates total hash rate capacity of 31 exahash per second by December 31, 2024

Source (primary)

Riot DEF 14A filed 2024-04-29 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “Based on our existing operations and expected deliveries of the miners we have purchased, we anticipate we will have a total hash rate capacity of 31 EH/s by December 31, 2024.”

How we checked this

Checked on October 11, 2026. The cited source supports every part of this claim.

The shareholder letter states that, based on existing operations and expected deliveries of purchased miners, Riot anticipates 31 EH/s of total hash rate capacity by December 31, 2024.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000155837024006123/riot-20240612xdef14a.htm) in full (447,077 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Riot DEF 14A filed 2024-04-29

Quote: “Based on our existing operations and expected deliveries of the miners we have purchased, we anticipate we will have a total hash rate capacity of 31 EH/s by December 31, 2024.”

View cached copy (2026-09-13)Live source ↗

confirms Riot 10-K filed 2025-02-28

Quote: “Combined hash rate, deployed ​ ​ 31.5 ​ ​ 12.4 ​ ​ 9.7”

View cached copy (2026-08-31)Live source ↗

Record of changes

September 13, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 14, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 10, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.