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Total Bitcoin mining hash rate capacity target

Company: Riot

Subject kind
guidance
Statement date
2024-02-22
Promised by
2024-12-31
Promised amount
28.0 EH/s
Current status
verified

What the later record shows

Delivered on time · happened December 31, 2024

The 2024 10-K reports combined deployed hash rate of 31.5 EH/s as of December 31, 2024. That exceeds the ~28 EH/s target.

“Kentucky Facility ​ ​ 2.4 ​ ​ — ​ ​ — 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 ↗
“Hash rate, deployed, represents the total potential hash rate of all our deployed miners as of the end of the period”
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

Riot anticipates having approximately 28 EH/s of total hash rate in operation by the end of 2024

Source (primary)

Riot 10-K filed 2024-02-23 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “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 10-K states that Riot anticipates having approximately 28 EH/s of total hash rate in operation by the end of 2024.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000155837024001550/riot-20231231x10k.htm) in full (443,676 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Riot 10-K filed 2024-02-23

Quote: “we anticipate having approximately 28 EH/s of total hash rate in operation by the end of 2024”

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

confirms Riot 10-K filed 2025-02-28

Quote: “Kentucky Facility ​ ​ 2.4 ​ ​ — ​ ​ — 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.