Riot is currently developing Phase 1 of the Company’s second large-scale facility, the Corsicana Facility, which will add an additional 400 megawatts of capacity upon completion of this initial phase. Once fully developed, the Corsicana Facility will have up to 1 gigawatt in total capacity.During December, the foundation was poured for the first building at the Corsicana Facility, Building A1, and the structure is in process of being erected. Building A1 is expected to be energized by the end of Q1 2024, and the additional buildings comprising the 400 MW Phase 1 buildout of the Corsicana Facility will be energized in the proceeding months.
Riot is currently developing Phase 1 of the Company’s second large-scale facility, the Corsicana Facility, which will add an additional 400 megawatts of capacity upon completion of this initial phase. Once fully developed, the Corsicana Facility will have up to 1 gigawatt in total capacity.During December, the foundation was poured for the first building at the Corsicana Facility, Building A1, and the structure is in process of being erected. Building A1 is expected to be energized by the end of Q1 2024, and the additional buildings comprising the 400 MW Phase 1 buildout of the Corsicana Facility will be energized in the proceeding months.