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Self-mining hash rate target of 31 EH/s by end of 2024

Company: Riot

Subject kind
guidance
Statement date
2024-04-17
Promised by
2024-12-31
Current status
verified

What the later record shows

Delivered on time · happened December 31, 2024

The 2024 10-K reports combined deployed hash rate of 31.5 EH/s as of December 31, 2024, which meets the 31 EH/s year-end 2024 target. The Q4 2024 actual in the February 2025 deck is also 31.5 EH/s.

“31.5 EH/s 34.5 EH/s 37.0 EH/s 38.4 EH/s 38.4 EH/s 2021A 2022A 2023A Q1 2024A Q2 2024A Q3 2024A Q4 2024A”
2025-02-23 · riot 8-K exhibit (riot-20250224xex99d2.htm) View cached copy (2026-10-19)Live source ↗
“Kentucky Facility ​ ​ 2.4 ​ ​ — ​ ​ — Combined hash rate, deployed ​ ​ 31.5 ​ ​ 12.4 ​ ​ 9.7”
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

Riot says it remains on track to increase its self-mining hash rate capacity to 31 EH/s by the end of 2024.

Source (primary)

riot 8-K exhibit (riot-20240418xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-08)Live source ↗

Quote: “we remain well on track to increase our self-mining hash rate capacity to 31 EH/s by the end of 2024”

How we checked this

Checked on November 9, 2026. The cited source supports every part of this claim.

The CEO's quoted statement says Riot remains well on track to reach 31 EH/s of self-mining hash rate capacity by the end of 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/1167419/000116741924000013/riot-20240418xex99d1.htm) in full (6,470 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms riot 8-K exhibit (riot-20240418xex99d1.htm)

Quote: “we remain well on track to increase our self-mining hash rate capacity to 31 EH/s by the end of 2024”

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

confirms Riot 10-K filed 2025-02-28

Quote: “Kentucky Facility ​ ​ 2.4 ​ ​ — ​ ​ — Combined hash rate, deployed ​ ​ 31.5 ​ ​ 12.4 ​ ​ 9.7”

View cached copy (2026-08-31)Live source ↗

confirms riot 8-K exhibit (riot-20250224xex99d2.htm)

Quote: “31.5 EH/s 34.5 EH/s 37.0 EH/s 38.4 EH/s 38.4 EH/s 2021A 2022A 2023A Q1 2024A Q2 2024A Q3 2024A Q4 2024A”

View cached copy (2026-10-19)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 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.