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Q1 2024 hash rate target

Company: Riot

Subject kind
guidance
Statement date
2024-02-26
Promised by
2024-03-31
Promised amount
12.4
Current status
verified

What the later record shows

Delivered on time · happened March 31, 2024

The Q1 2025 10-Q reports combined deployed hash rate of 12.4 EH/s as of March 31, 2024, which meets the 12.4 EH/s Q1 2024 target.

“Kentucky Facility ​ ​ 3.0 ​ ​ — Combined hash rate, deployed ​ ​ 33.7 ​ ​ 12.4”
2025-04-30 · Riot 10-Q filed 2025-05-01 View cached copy (2026-08-31)Live source ↗

Checked November 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

Riot projects deployed hash rate of 12.4 EH/s by end of Q1 2024.

Source (primary)

riot 8-K exhibit (riot-20240224xex99d2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-09)Live source ↗

Quote: “12.4 EH/s 12.4 EH/s 21.4 EH/s 27.1 EH/s 31.5 EH/s 36.1 EH/s 40.8 EH/s 2021A 2022A 2023A Q1 2024E”

How we checked this

Checked on November 11, 2026. The cited source supports every part of this claim.

The growth chart's estimate for Q1 2024 is 12.4 EH/s, matching the claim.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1167419/000116741924000008/riot-20240224xex99d2.htm) in full (20,494 characters, retrieved November 9, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms riot 8-K exhibit (riot-20240224xex99d2.htm)

Quote: “12.4 EH/s 12.4 EH/s 21.4 EH/s 27.1 EH/s 31.5 EH/s 36.1 EH/s 40.8 EH/s 2021A 2022A 2023A Q1 2024E”

View cached copy (2026-11-09)Live source ↗

confirms Riot 10-Q filed 2025-05-01

Quote: “Kentucky Facility ​ ​ 3.0 ​ ​ — Combined hash rate, deployed ​ ​ 33.7 ​ ​ 12.4”

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

Record of changes

November 9, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 10, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.