jain.com

Corsicana initial 400 MW phase adds 16 EH/s by end-2024

Company: Riot - Project: Corsicana

Subject kind
facility capacity
Statement date
2024-04-30
Promised by
2024-12-31
Promised amount
400.0 MW
Current status
outcome unconfirmed

What the later record shows

Partly delivered · happened December 31, 2024

Phase I (400 MW) of Corsicana was completed during 2024, but Corsicana deployed hash rate was 14.1 EH/s at year-end 2024, short of the 16 EH/s goal. It only reached 16.2 EH/s by March 31, 2026, after a pivot to AI/HPC at Corsicana.

“Pivot to AI/HPC at Corsicana reduced 2025 hash rate growth by 8 EH/s”
2025-02-23 · riot 8-K exhibit (riot-20250224xex99d2.htm) View cached copy (2026-10-19)Live source ↗
“During 2024, we completed Phase I of development of the Corsicana Facility, a second large-scale Bitcoin mining facility, currently equipped to provide up to 400 megawatts”
2025-02-27 · Riot 10-K filed 2025-02-28 View cached copy (2026-08-31)Live source ↗
“Corsicana Facility ​ ​ 14.1 ​ ​ — ​ ​ — Kentucky Facility ​ ​ 2.4”
2025-02-27 · Riot 10-K filed 2025-02-28 View cached copy (2026-08-31)Live source ↗

Checked November 8, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

The energized substation will power the initial 400 MW phase of the Corsicana Facility, expected to add 16 EH/s to Riot's self-mining capacity by the end of 2024.

Source (primary)

riot 8-K exhibit (riot-20240501xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-08)Live source ↗

Quote: “The recently energized substation will power the initial 400 MW phase of development of the Corsicana Facility. This initial phase is expected to add 16 EH/s to Riot's self-mining capacity by the end of 2024.”

How we checked this

Checked on November 10, 2026. The cited source supports every part of this claim.

The release states both the 400 MW initial phase and the expected 16 EH/s addition by end-2024.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1167419/000155837024006323/riot-20240501xex99d1.htm) in full (16,711 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms riot 8-K exhibit (riot-20240501xex99d1.htm)

Quote: “The recently energized substation will power the initial 400 MW phase of development of the Corsicana Facility. This initial phase is expected to add 16 EH/s to Riot's self-mining capacity by the end of 2024.”

View cached copy (2026-11-08)Live source ↗

Record of changes

November 8, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 8, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.