other material
confidence high
sentiment positive
materiality 0.70
Riot Platforms energizes Corsicana Facility 400 MW substation; targets 31 EH/s by end-2024
Riot Platforms, Inc.
- First batch of miners in Building A1 are hashing; initial 400 MW phase to add 16 EH/s.
- Full buildout of Corsicana Facility to reach 1 GW, expected to be world's largest Bitcoin mining site.
- Total self-mining hash rate capacity target of 31 EH/s by end of 2024.
- Remaining buildings A2, B1, B2 to become operational over next several months, adding 12 EH/s.