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Bitcoin mining hash rate by end of 2024

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, above the roughly 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

Company expects 28 EH/s total hash rate in operation by end of 2024 based on expected miner deliveries and deployments

Source (primary)

Riot 10-K filed 2024-02-23 (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 10-K ties its end-of-2024 hash rate expectation of approximately 28 EH/s to expected deliveries and deployment of purchased miners.

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: “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.”

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.