Expected hash rate capacity by end of 2024
Company: Riot
What the later record shows
Delivered on time · happened December 31, 2024
Combined deployed hash rate reached 31.5 EH/s as of December 31, 2024, above the approximately 28 EH/s 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
Anticipate having approximately 28 EH/s of total hash rate in operation by end of 2024 based on existing operations and expected deliveries of purchased miners
Source (primary)
Riot 424B5 filed 2024-02-26 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Based on our existing operations and expected deliveries and deployment of miners we have purchased; we anticipate having approximately 28 EH/s of total hash rate in operation by the end of 2024.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The prospectus supplement states the 28 EH/s end-of-2024 expectation and its basis in existing operations and purchased miners.
Confirmed in the source:
- Riot anticipated having approximately 28 EH/s of total hash rate in operation by the end of 2024
- The projection was based on existing operations and expected deliveries and deployment of miners already purchased
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000155837024001713/tmb-20240226x424b5.htm) in full (142,665 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 424B5 filed 2024-02-26
Quote: “Based on our existing operations and expected deliveries and deployment of miners we have purchased; we anticipate having approximately 28 EH/s of total hash rate in operation by the end of 2024.”
confirms Riot 10-K filed 2025-02-28
Quote: “Combined hash rate, deployed 31.5 12.4 9.7”