Riot sees Corsicana facility to have 1 GW of developed mining capacity

Riot is currently developing Phase 1 of the Company’s second large-scale facility, the Corsicana Facility, which is expected to have 400 megawatts of developed mining capacity upon completion of this initial phase. Once fully developed, the Corsicana Facility is expected to have 1 gigawatt in total developed mining capacity. In March, the immersion systems in the first 100 MW building, Building A1, were installed, and miner installation commenced. The 400 MW substation is expected to be energized in the first half of April 2024, and Building A1 will commence operations shortly thereafter. Onsite development teams have completed the foundation for the second 100 MW building, Building A2, and construction of the building has begun. Immersion systems will begin to be installed in Building A2 during the month of April, with operations expected to commence in Q2 .