Expected self-mining hash rate capacity by end of 2023
Company: Riot
What the later record shows
Delivered on time · happened December 31, 2023
Riot's 2024 10-K reports a combined deployed hash rate of 12.4 EH/s as of December 31, 2023. That is essentially the 12.5 EH/s target, about 0.1 EH/s short.
“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
Anticipates achieving a total self-mining hash rate capacity of 12.5 exahashes per second in the second half of 2023
Source (primary)
Riot 424B5 filed 2023-08-09 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “We anticipate achieving a total self-mining hash rate capacity of 12.5 EH/s in the second half of 2023”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The prospectus supplement states that Riot anticipates reaching 12.5 EH/s of total self-mining hash rate capacity in the second half of 2023.
Confirmed in the source:
- Riot Platforms anticipates achieving a total self-mining hash rate capacity of 12.5 EH/s in the second half of 2023
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000155837023014336/tmb-20230809x424b5.htm) in full (140,907 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 424B5 filed 2023-08-09
Quote: “We anticipate achieving a total self-mining hash rate capacity of 12.5 EH/s in the second half of 2023”
confirms Riot 10-K filed 2025-02-28
Quote: “Combined hash rate, deployed 31.5 12.4 9.7”