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Anticipated hash rate capacity by end of 2023

Company: Riot

Subject kind
guidance
Statement date
2023-04-30
Promised by
2023-12-31
Promised amount
12.5 EH/s
Current status
verified

What the later record shows

Delivered on time · happened December 31, 2023

Riot reports a combined deployed hash rate of 12.4 EH/s as of December 31, 2023, alongside 112,944 deployed miners. This essentially meets the 12.5 EH/s full-deployment target.

“As of December 31, 2023, the Company had deployed a total of 112,944 miners in its mining operation, all at the Rockdale Facility.”
2024-02-22 · Riot 10-K filed 2024-02-23 View cached copy (2026-09-13)Live source ↗
“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

By end of 2023, Riot anticipates total hash rate capacity of 12.5 EH/s at full deployment

Source (primary)

Riot DEF 14A filed 2023-05-01 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “we anticipate we will have 111,216 miners, with a total hash rate capacity of 12.5 EH/s at full deployment, by the end of 2023”

How we checked this

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

Riot's May 2023 proxy letter to stockholders states it anticipates a total hash rate capacity of 12.5 EH/s at full deployment by the end of 2023.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000114036123022069/ny20007472x1_def14a.htm) in full (305,650 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Riot DEF 14A filed 2023-05-01

Quote: “we anticipate we will have 111,216 miners, with a total hash rate capacity of 12.5 EH/s at full deployment, by the end of 2023”

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 ↗

confirms Riot 10-K filed 2024-02-23

Quote: “As of December 31, 2023, the Company had deployed a total of 112,944 miners in its mining operation, all at the Rockdale Facility.”

View cached copy (2026-09-13)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.