Additionally, development is underway on the final 100 MW building, Building B2, with miner deployment planned to begin in September.
In addition to its progress at Corsicana, Riot is enhancing its hash rate capabilities at its recently acquired Kentucky facilities.
Riot’s infrastructure development is complemented by its participation in ERCOT’s Four Coincident Peak (4CP) program, which allows large power users to curtail usage during peak demand periods.
This participation not only helps Riot achieve future cost savings but also optimizes power usage and contributes positively to the stability of the ERCOT grid.
Notably, the dispute between Riot and Bitfarms is still ongoing. Riot recently sent an open letter to Bitfarm criticizing past executive decisions and describing them as destructive to the company.