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
Checked on September 23, 2026. The cited source supports every part of this claim.
The filing states all three expected benefits of the Coinmint relocation, though it describes the additional electric power as only a potential access.
Confirmed in the source:
- Riot expects the Coinmint relocation to reduce overhead and operating costs
- Riot expects the relocation to increase miner uptime
- Riot expects the relocation to provide an opportunity to expand hash rate capacity with access to additional electric power
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000107997320000871/riot_s3.htm) in full (155,784 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
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.”