Miner deployment by end of 2022
Company: Riot
What the later record shows
The date slipped · new target December 31, 2023
About 88,556 miners were deployed at year-end 2022 (30,907 + 57,649), short of the 120,150 target. The company then guided to 111,216 miners in operation by the end of 2023.
“Miners received and deployed during the year ended December 31, 2022 57,649 Miners received but not yet deployed 17,530”
2023-03-01 · Riot 10-K filed 2023-03-02 View cached copy (2026-09-13)Live source ↗
“We anticipate we will have 111,216 miners in operation by the end of 2023.”
2023-03-01 · Riot 10-K filed 2023-03-02 View cached copy (2026-09-13)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 120,150 miners in operation by the end of 2022
Source (primary)
Riot 10-K filed 2022-03-16 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Based on our existing operations and expected deliveries of miners we have purchased, we anticipate having approximately 120,150 miners in operation, utilizing approximately 370 MW of capacity by the end of 2022.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The 10-K states that Riot anticipated having approximately 120,150 miners in operation by the end of 2022.
Confirmed in the source:
- Riot anticipated having approximately 120,150 miners in operation by the end of 2022
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000107997322000280/riot10k1221.htm) in full (467,403 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 10-K filed 2022-03-16
Quote: “Based on our existing operations and expected deliveries of miners we have purchased, we anticipate having approximately 120,150 miners in operation, utilizing approximately 370 MW of capacity by the end of 2022.”
delays Riot 10-K filed 2023-03-02
Quote: “Miners received and deployed during the year ended December 31, 2022 57,649 Miners received but not yet deployed 17,530”