jain.com

Q3 2024 hash rate projection

Company: Riot

Subject kind
guidance
Statement date
2024-04-17
Promised by
2024-09-30
Promised amount
27.1
Current status
verified

What the later record shows

Delivered on time · happened September 30, 2024

The February 2025 deck shows 28.2 EH/s as Q3 2024 actual, above the 27.1 EH/s projection. A later 10-Q comparative figure of 17.9 EH/s for September 30, 2024 conflicts with this.

“3.1 EH/s 9.7 EH/s 12.4 EH/s 12.4 EH/s 22.0 EH/s 28.2 EH/s 31.5 EH/s 34.5 EH/s”
2025-02-23 · riot 8-K exhibit (riot-20250224xex99d2.htm) View cached copy (2026-10-19)Live source ↗
“Combined hash rate, deployed ​ ​ ​ ​ ​ ​ ​ ​ 36.5 ​ ​ 17.9”
2025-10-29 · Riot 10-Q filed 2025-10-30 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 projects 27.1 EH/s of hash rate in Q3 2024.

Source (primary)

riot 8-K exhibit (riot-20240418xex99d2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-08)Live source ↗

Quote: “21.4 EH/s 27.1 EH/s 31.5 EH/s 36.1 EH/s 40.8 EH/s”

How we checked this

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

The hash rate growth chart shows 27.1 EH/s for Q3 2024E.

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-20240418xex99d2.htm) in full (22,752 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms riot 8-K exhibit (riot-20240418xex99d2.htm)

Quote: “21.4 EH/s 27.1 EH/s 31.5 EH/s 36.1 EH/s 40.8 EH/s”

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

confirms Riot 10-Q filed 2025-10-30

Quote: “Combined hash rate, deployed ​ ​ ​ ​ ​ ​ ​ ​ 36.5 ​ ​ 17.9”

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

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

Quote: “3.1 EH/s 9.7 EH/s 12.4 EH/s 12.4 EH/s 22.0 EH/s 28.2 EH/s 31.5 EH/s 34.5 EH/s”

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.