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Hash rate target end-2024: 28 EH/s

Company: Riot

Subject kind
guidance
Statement date
2024-02-22
Promised by
2024-12-31
Promised amount
28.0
Current status
verified

What the later record shows

Delivered on time · happened December 31, 2024

Riot's 10-K reports combined deployed hash rate of 31.5 EH/s as of December 31, 2024, above the target of over 28 EH/s.

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

The claim, verbatim

Riot expects its self-mining hash rate to grow from 12.4 EH/s to over 28 EH/s by the end of 2024.

Source (primary)

riot 8-K exhibit (riot-20240222xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-10)Live source ↗

Quote: “Riot’s self-mining hash rate is expected to grow from 12.4 EH/s to over 28 EH/s by the end of 2024”

How we checked this

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

The release states this expectation directly.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1167419/000116741924000001/riot-20240222xex99d1.htm) in full (21,844 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms riot 8-K exhibit (riot-20240222xex99d1.htm)

Quote: “Riot’s self-mining hash rate is expected to grow from 12.4 EH/s to over 28 EH/s by the end of 2024”

View cached copy (2026-11-10)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 ↗

Record of changes

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