Expected operational improvements from Coinmint relocation
Company: Riot
The claim, verbatim
Expects relocation to Coinmint Facility will reduce overhead and operating costs, increase uptime of miners, and provide opportunity to expand hash rate capacity with access to additional power
Source (primary)
Riot S-3 filed 2020-10-07 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Riot expects that the relocation to the Coinmint Facility will reduce its overhead and operating costs, increase the overall uptime of its Miners, and provide it with the opportunity to continue to expand its total hash rate capacity with potential access to additional megawatts of electric power.”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Riot S-3 filed 2020-10-07
Quote: “Riot expects that the relocation to the Coinmint Facility will reduce its overhead and operating costs, increase the overall uptime of its Miners, and provide it with the opportunity to continue to expand its total hash rate capacity with potential access to additional megawatts of electric power.”