12 megawatts monthly power capacity
Company: Riot - Project: Oklahoma City
The claim, verbatim
Oklahoma City facility has 12 megawatts of power capacity per month under lease terms
Source (primary)
Riot S-3/A filed 2019-01-03 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Under the initial terms of the Lease, the Company was required to pay for 12 megawatts of power per month, regardless of the actual power consumption by its miners.”
How we checked this
Checked on September 23, 2026. The cited source supports part of this claim, but not all of it.
The filing ties the 12-megawatt figure only to the original lease terms, which were later amended to replace the fixed power arrangement with variable usage charges. It does not establish 12 megawatts as the facility's current capacity under the lease.
Confirmed in the source:
- Under the initial terms of the Oklahoma City lease, the company was required to pay for 12 megawatts of power per month regardless of actual use
We could not confirm this from the cited source:
- That the facility currently has 12 megawatts of power capacity per month under the lease terms in effect (the filing says the lease was renegotiated so electricity costs are now variable rather than a fixed 12-megawatt allotment)
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000107997319000010/riot_s3a2.htm) in full (122,214 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot S-3/A filed 2019-01-03
Quote: “Under the initial terms of the Lease, the Company was required to pay for 12 megawatts of power per month, regardless of the actual power consumption by its miners.”