Among the risks and uncertainties that could cause actual results to differ from those expressed in forward-looking statements include, but are not limited to: unaudited estimates of Bitcoin production; our future hash rate growth (EH/s); the anticipated benefits, construction schedule, and costs associated with the Corsicana site expansion; our expected schedule of new miner deliveries; the impact of weather events on our operations and results; our ability to successfully deploy new miners; the variance in our mining pool rewards may negatively impact our results of Bitcoin production; megawatt ("MW”) capacity under development; we may not be able to realize the anticipated benefits from immersion cooling; the integration of acquired businesses may not be successful, or such integration may take longer or be more difficult, time-consuming or costly to accomplish than anticipated; failure to otherwise realize anticipated efficiencies and strategic and financial benefits from our acquisitions; and the impact of COVID-19 on us, our customers, or on our suppliers in connection with our estimated timelines.
Following this development, the Corsicana Facility will still retain an additional 600 MW of capacity available for future development and growth of Riot’s Bitcoin mining operations.” Infrastructure Update Riot is currently developing Phase 1 of the Company’s second large-scale facility, the Corsicana Facility, which is expected to have 400 megawatts ("MW”) of developed mining capacity upon completion of this initial phase.
"The development of the first 400 MW of infrastructure at our Corsicana Facility is expected to bring Riot’s self-mining capacity to 31 EH/s by the end of this year, more than doubling our current hash rate capacity and enhancing Riot’s operating efficiency as a result of the high-quality design and immersion cooling systems which are being deployed there.
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