51 guidance statements from 11 of the 18 miners. 44 carry an outcome document: on 32 the outcome is settled and on 12 the document reports the statement still open.
Every row is a sentence a company published, with what it projected, what happened, and a link to both documents. The remaining 7 have no outcome document yet. 38 of the 51 are specific enough to score, because spec 7.6 weights accuracy by specificity and a directional statement has no number to check. A variance is printed on the 9 rows where this page can derive the percentage itself, from one quantity in the projection and one in the outcome in the same unit; the card states both figures, and a negative figure is short of the projection. The other rows say which of three things is true rather than printing a zero.
33 rows had the quote searched as a contiguous string in the cited document and the outcome matched to a sentence in a second one; 18 were lifted from the six Tier 2 dossiers, carry the same fields after a rename, and did not go through that check, which the chip on each of those rows says. 4 candidate statements whose quotes could not be found in the cited document were dropped rather than published. How a statement is scored.
Who is on the ledger, and how many rows would score.
three rows per company are flagged selected_for_ledger, ranked by: quote verified as a contiguous string, then resolved outcome, then specificity specific, then an outcome evidence sentence found. The remaining verified rows are published too so the ledger can grow without re-verification.
7 of the 18 miners have no row yet.
CORZ, HUT, WULF, BTDR, DGXX, ANY, BGDE. Nothing about these companies is missing from the filings: the research pass that reads a statement, finds the quote in the primary document and then finds the outcome in a second one has covered the five Tier 1 companies with the most quoted guidance and the six Tier 2 companies through their dossiers. These are next, and the reason a company is absent is the pass, not the company.
The 15 selected statements, three per company.
These are the rows the score would use: quote verified as a contiguous string, outcome resolved, and an outcome sentence found. Of the 15, 11 are specific, which is the number that would actually feed an accuracy score, because spec 7.6 weights by specificity. CLSK is the thinnest: one specific selected statement, so its component would rest on one observation until more resolve. That is a property of what the company said, not of the selection.
MARA2026-05-11directionalsettledhashrate
Going forward, we do not expect to pursue large-scale ASIC purchases. Our approach will remain selective, targeted, and grounded in clear economic return.
Projected
no large-scale fleet growth; hashrate roughly flat, no date given; the statement is open
Actual
consistent so far: energized hashrate 72.2 EH/s (2026-03-31) to 70.3 EH/s (2026-06-30); capex on property and equipment $94.3 million in H1 2026 vs $157.8 million in H1 2025 as of 2026-06-30
Variance
not computed
The outcome document says: Capital Requirements Short-term Obligations During the six months ended June 30, 2026, we strengthened our Condensed Consolidated Balance Sheets and improved our near-term liquidity profile by repurchasing approximately $1.0 billion of our 0.00% convertible senior notes through privately negotiated transactions, consisting of approximately $367.5 million of our March 2030 Notes and approximately $633.4 million of our June 2031 Notes, reducing our total debt from $3.6 billion as of December 31, 2025 to approximately $2.4 billion as of June 30, 2026.
Long Ridge's assets include a 485 MW nameplate capacity (expected to increase to 505 MW nameplate capacity in H2 2026) combined-cycle gas turbine power plant located in Hannibal, Ohio
Projected
505 MW nameplate, by 2026-12-31 (H2 2026)
Actual
timeline moved: the Q2 2026 10-Q says 'expected to increase to 505 MW in the first quarter of 2027' as of 2026-08-06
Variance
not computed
The outcome document says: Long Ridge’s assets include a 485 megawatt (“MW”) combined-cycle gas turbine power plant in Hannibal, Ohio (expected to increase to 505 MW in the first quarter of 2027) and over 1,600 contiguous acres with access to water, fiber and rail infrastructure.
We strengthened our financial foundation, secured up to 890 megawatts of high-quality utility potential capacity in the Houston region, and materially advanced our Sandersville site with the acquisition of an additional 122-acre parcel as we progress toward AI tenancy.
Projected
up to 890 MW of utility capacity in the Houston region (Texas), no date stated
Actual
585 MW of ERCOT-approved capacity by May 2026 (including ERCOT approval of 300 MW at Brazoria); July 2026: Texas portfolio described as 'up to 885 MW of secured and planned power capacity' as of 2026-07-14
Variance
not computed
The outcome document says: EX-99.1 2 clsk-ex99_1.htm EX-99.1 EX-99.1 EXHIBIT 99.1 CleanSpark Reports Second Fiscal Quarter 2026 Results Doubled MW under contract year-over-year including 585 MW of ERCOT-approved capacity Increased Bitcoin holdings by 14% and average monthly hashrate by 18% year-over-year LAS VEGAS, May 11, 2026 -- CleanSpark, Inc.
Rent under the initial phase is expected to commence in October 2026. Rent under the final phase is expected to commence in March 2027
Projected
Black Pearl initial rent October 2026, by 2026-10-01
Actual
Beaten by about two months: 'Cipher began delivering data center capacity at the beginning of August, two months ahead of the original schedule' and 'rent has commenced at the site' (tenant-requested acceleration via 2026-07-24 lease amendment) as of 2026-08-04
Variance
not computed
The outcome document says: Under the amended terms, Cipher began delivering data center capacity at the beginning of August, two months ahead of the original schedule.
an initial deployment of 25 MW of critical IT load capacity to be delivered in phases beginning in January 2026 and completing in May 2026
Projected
25 MW to AMD, by 2026-05
Actual
5 MW delivered January 2026 and 20 MW delivered May 2026; 'on time and on budget' as of 2026-05-31
Variance
not computed
The outcome document says: Construction is now underway on the 25 MW expansion, with the 10 MW Phase 3 on track for delivery in November 2026 and the 15 MW Phase 4 to follow in May 2027, at which point AMD's total contracted capacity of 50 MW will be fully deployed.
We expect to continue increasing our computing power through calendar year 2025 and beyond as we expand infrastructure at our owned sites in Tennessee and across our portfolio of data centers in Georgia, Mississippi, and Wyoming, while also pursuing regional expansion opportunities and evaluating strategic acquisitions.
Projected
increase from 45.6 EH/s average (peak 50 EH/s) in FY2025, by 2026 and beyond
Actual
Average hashrate declined: 42.6 EH/s in June 2026 (10-Q) and 38.6 EH/s average operating in July 2026 (monthly update) versus 45.6 EH/s average in the September 2025 quarter as of 2026-07-31
Variance
-6.6%from 45.6 EH/s projected against 42.6 EH/s reported
The outcome document says: During June 2026, our operating mining units produced an average computing power of 42.6 exahash per second (“EH/s”), following our achievement of a peak hashrate of 50 EH/s during fiscal year 2025.
New multi-year contracts including Together AI, Fluidstack and Fireworks AI, supporting growth to target AI Cloud ARR of >$500m by end of Q1 2026
Projected
>$500m ARR (Prince George GPU deployments) by end of Q1 2026, by 2026-03-31
Actual
~$0.4bn ARR under contract at Prince George as of 2026-02-05; '$0.5bn ARR under contract from GPU deployments at Prince George' as of 2026-05-07 (contracted, not yet all revenue-generating) as of 2026-05-07
Variance
not computed
The outcome document says: ARR under contract of $3.1bn represents expected $1.9bn average annual revenue under Microsoft contract, expected $0.7bn average annual revenue under NVIDIA contract, plus $0.5bn ARR under contract from GPU deployments at Prince George.
Under the terms of this lease agreement, Cipher will deliver 300 MW of capacity in 2026, including both air and liquid cooling to the racks. The capacity will be delivered in two phases, expected to begin in July 2026 and complete in the fourth quarter of 2026, with rent commencing in August 2026.
Projected
AWS Black Pearl: first delivery July 2026, rent August 2026, full 300 MW gross by Q4 2026, by 2026-12-31
Actual
Partly met: after an interim slip (10-K Feb 2026: initial rent by Q4 2026, full ramp Q1 2027; Feb 2026 deck: initial rent October 1, 2026, final phase March 2027), the lease was amended 2026-07-24 and first capacity was delivered 'at the beginning of August' 2026 with rent commenced, matching the original August rent date. Full 300 MW is now scheduled into Q1 2027 (final data hall 81 IT MW target 2027-02-28), i.e. one quarter later than 'complete in the fourth quarter of 2026'. as of 2026-08-04
Variance
not computed
The outcome document says: Under the amended terms, Cipher began delivering data center capacity at the beginning of August, two months ahead of the original schedule.
Expected Delivery of 168 MW of Critical IT Load by September of 2026
Projected
Barber Lake Phase I 168 MW critical IT delivered by September 2026, by 2026-09-30
Actual
Unresolved as of 2026-08-04 but on schedule: 10-K restated 'targeting delivery of Barber Lake Phase I by September 30, 2026'; Q2 deck: 'Sep. 2026 Expected Initial Delivery; Rental payments expected to commence October 2026'; tenant 'has commenced beneficial use of the facility, including partial occupancy' as of 2026-08-04
Variance
not resolved
The outcome document says: “We look forward to carrying this momentum into the third quarter, where we expect to make significant additional progress.” Finance and Operations Highlights • First data center capacity at Black Pearl delivered in August, with rent commenced • Secured option for new Apollo data center site with up to 900 MW near San Antonio, Texas • Completed bond offering to fully fund Stingray data center development • Barber Lake data center continues to progress towards completion as tenant has commenced beneficial use of the facility, including partial occupancy of the building and deployment of network
Horizon 1 (up to 50MW IT load) on track for Q4 2025 delivery, with foundations underway and long lead equipment continuing to arrive in line with initial expectations
Projected
Horizon 1, 50MW IT, delivered Q4 2025, by 2025-12-31
Actual
Horizon 1 delivered to and accepted by Microsoft in August 2026 (about 8 months after the original target; the Nov 2025 Microsoft contract re-based delivery to 2026, and the 10-K cites NVIDIA component shortages) as of 2026-08-13
Variance
not computed
The outcome document says: Horizon 1 is the first of four 50MW (IT load) direct-to-chip liquid cooled AI Cloud deployments scheduled for delivery to Microsoft at IREN’s Childress, Texas campus in 2026 under a five-year, $9.7bn cloud services contract announced in November 2025.
50 EH/s installed - reached target self-mining capacity by month end, with further expansion paused to prioritize continued build-out of AI verticals
Projected
50 EH/s installed by mid-2025 (target set in 2024), by 2025-06-30
Actual
50 EH/s installed June 2025 (met); subsequently reduced to 23.2 EH/s installed at 2026-06-30 as miners were decommissioned for AI Cloud as of 2026-06-30
Variance
0.0%from 50 EH/s projected against 50 EH/s reported
The outcome document says: Intangible Assets, Net F-35 IREN Limited | | Notes to the consolidated financial statements | For the years ended June 30, 2026, 2025, and 2024 | Intangible assets, net consisted of the following: June 30, 2026 | (in USD thousands) | Acquired Intangibles, Gross | Accumulated Amortization | Acquired Intangibles, Net | Weighted-Average Finite Lives (in years) | Connection rights for electricity services | $ | 253,427 | $ | — | $ | 253,427 | 12 | Software Licenses | 64,636 | ( 631 ) | 64,005 | 5.5 | Total | $ | 318,063 | $ | ( 631 ) | $ | 317,431 | The Group did not have any intangible assets as
With 1.7 gigawatts (GW) of captive capacity - including 1.1 GW currently operational - and a growth pipeline exceeding 3 GW of low-cost power opportunities, we are targeting 75 exahash by the end of 2025.
Projected
75 EH/s energized, by 2025-12-31
Actual
66.4 EH/s at 2025-12-31 (missed by 8.6 EH/s); company: 'While below our 75 EH/s target, this outcome reflects deliberate capital discipline' as of 2025-12-31
Variance
-11.5%from 75 EH/s projected against 66.4 EH/s reported
The outcome document says: While below our 75 EH/s target, this outcome reflects deliberate capital discipline.
Construction work on the substation, to be completed in early 2026, also continues and will bring a total of 1.0 GW of power capacity online once completed.
Projected
1.0 GW at Corsicana, by 2026-03-31
Actual
10-Q Q2 2026 still describes Corsicana as 'currently equipped to provide up to approximately 400 MW ... upon completion, is expected to have a total of approximately one gigawatt'; substation completion not confirmed in reviewed filings as of 2026-06-30
Variance
not computed
The outcome document says: The Corsicana Facility is currently equipped to provide up to approximately 400 MW of developed capacity for Bitcoin Mining, and upon completion, is expected to have a total of approximately one gigawatt (“GW”) of developed capacity available for high-density compute workloads.
Riot is launching a formal process to evaluate the feasibility of developing the approximately 600 megawatts ("MW") of remaining power capacity at the Company's Corsicana Facility for artificial intelligence ("AI")/high-performance computing ("HPC") uses.
Projected
600 MW at Corsicana for AI/HPC
Actual
first leases (241 MW) signed at Rockdale, not Corsicana; Corsicana full campus under non-binding LOI as of 2026-08-10 as of 2026-08-10
Variance
not computed
The outcome document says: AMD (50 IT MW) Leading Frontier AI Lab (191 IT MW) Total (241 IT MW) Rockdale Pro Forma Critical IT MW Leased
We are currently developing an additional 211.5 MW across the portfolio, which is expected to support approximately 50 EH/s of mining capacity.
Projected
50 EH/s, no date stated (context: 'through the end of 2024 and beyond')
Actual
50 EH/s operational hashrate reached June 2025 as of 2025-06-30
Variance
0.0%from 50 EH/s projected against 50 EH/s reported
The outcome document says: "We reached 50 EH/s of operational hashrate in June, becoming the first public company to do so exclusively with American infrastructure, while achieving record basic EPS of $0.90 and nearly $200 million in revenue."
We continue to operate Bitcoin miners at certain of our data centers while we transition this data center capacity toward AI Cloud Services. We aim to substantially complete this transition by December 31, 2026.
other
Bitcoin mining substantially wound down by 2026-12-31by 2026-12-31
pending; installed hashrate already down from 50 EH/s (June 2025) to 23.2 EH/s (June 2026)as of 2026-06-30
A 654 MW combined pipeline at Vulcan-owned sites, including more than 100 MW of capacity expected to be available for AI/HPC opportunities within the next year;
HPC MW
more than 100 MW available for AI/HPC within a yearby 2027-08-17
unresolved as of 2026-09-06; no tenant and no signed lease.as of 2026-08-17
Based on contracts signed to date, its Cloud Services portfolio is expected to generate more than $200 million of annualized revenue once fully deployed.
revenue
more than $200 million of annualized Cloud Services revenueno date stated ("once fully deployed")
Phased delivery schedule, with the initial 96 IT MW expected in December 2027 and full 191 IT MW deployment expected by June 2028, leveraging Riot's existing, fully approved interconnection at the Rockdale campus.
HPC MW
96 MW December 2027; 191 MW June 2028by 2028-06-30
Construction is now underway on the 25 MW expansion, with the 10 MW Phase 3 on track for delivery in November 2026 and the 15 MW Phase 4 to follow in May 2027, at which point AMD's total contracted capacity of 50 MW will be fully deployed.
Active negotiations at three sites with deepening commercial engagement
HPC MW
a first HPC lease at one of Panther Creek, Sharon or Moses Lakeno date stated
unresolved as of 2026-09-06: no lease signed, and all U.S. bitcoin mining has been decommissioned ("Completed the decommissioning of all U.S. Bitcoin mining operations in preparation for HPC site construction").as of 2026-08-10
Our most significant third-party hosting arrangements are set to expire beginning in Q3 2027, with all third-party hosting arrangements to conclude by Q1 2028. These expirations are expected to eliminate third-party hosting costs over time and improve our cost per kWh.
other
exit of all hosted mining (537 MW, 29.2 EH/s at 2025-12-31) by Q1 2028by 2028-03-31
175 MW of critical IT load with deliveries expected to begin in Q4 2027 to a high-investment-grade tenant
HPC MW
175 MW critical IT delivered starting Q4 2027by 2027-12-31
unresolved; as of 2026-08-06 the company reported it had 'Ordered and pre-paid all long-lead items to meet Sandersville RFS date' and that the anticipated equity portion was fully fundedas of 2026-08-06
The site encompasses more than 1,200 acres and is expected to provide access to up to an initial 1 GW of grid capacity by October 2027 and up to 2 GW by April 2028.
MW
1,000 MW by 2027-10; 2,000 MW by 2028-04 (Matagorda County, TX)by 2028-04-30
unresolved; 'subject to ERCOT and interconnect approvals'; HIF has 'given Notice to Proceed for construction on the switchyard'as of 2026-08-06
Going forward, we do not expect to pursue large-scale ASIC purchases. Our approach will remain selective, targeted, and grounded in clear economic return.
hashrate
no large-scale fleet growth; hashrate roughly flatno date given; the statement is open
consistent so far: energized hashrate 72.2 EH/s (2026-03-31) to 70.3 EH/s (2026-06-30); capex on property and equipment $94.3 million in H1 2026 vs $157.8 million in H1 2025as of 2026-06-30
Our expectation is to sign one or more tenant leases by year-end, and we intend to disclose the number of megawatts under contract as the pipeline converts into signed commitments.
HPC MW
at least one hyperscale/AI tenant lease signedby 2026-12-31
unresolved; no lease signed as of 2026-08-06 ('lease discussions are progressing across multiple sites, and we remain confident in our ability to sign at least one lease before year-end')as of 2026-08-06
Subject to closing and tenant execution, we believe Long Ridge can support tenant commitments soon after closing, which we expect to occur in the second half of the year, subject to regulatory approvals, including clearance under the Hart-Scott-Rodino Act and Federal Energy Regulatory Commission approval, as well as satisfaction of other customary closing conditions.
other
Long Ridge acquisition closes in H2 2026by 2026-12-31
unresolved; 'currently awaiting FERC approval' as of 2026-08-06; consent solicitation for the 8.750% notes completed 2026-05-15; purchase agreement outside date 2026-11-30 (2027-06-30 if regulatory conditions unmet)as of 2026-08-06
2026 expansion to 480MW on track ... Horizon 1-4 on track for delivery by year-end ... 2027 expansion to 1,210MW in build
HPC MW
480MW gross AI Cloud capacity by end-2026; 1,210MW in 2027by 2026-12-31
Horizon 1 delivered Aug 2026; Horizon 2 commissioning, Horizon 3-4 'targeting delivery in Q4 2026' (FY26 release); 2026 cumulative delivery target restated as ~0.3GW (IT) and 2027 as ~0.8GW (IT); 8-K 2026-08-13 still 'target[s] ... 480MW (gross) AI Cloud capacity in 2026 and 1.2GW (gross) ... in 2027'. Pending.as of 2026-08-27
Long Ridge's assets include a 485 MW nameplate capacity (expected to increase to 505 MW nameplate capacity in H2 2026) combined-cycle gas turbine power plant located in Hannibal, Ohio
MW
505 MW nameplateby 2026-12-31 (H2 2026)
timeline moved: the Q2 2026 10-Q says 'expected to increase to 505 MW in the first quarter of 2027'as of 2026-08-06
MARA expects construction of an initial AI/Critical IT buildout to begin in 1H 2027, with initial capacity accelerated by its current 200 MW of capacity and targeted to be ready for service in mid-2028.
HPC MW
initial AI/Critical IT buildout at Hannibal: construction start 1H 2027, ready for service mid-2028; up to 600 gross MW over time; about $144 million annualized Adjusted EBITDA from the plantby 2028-06-30
unresolved; acquisition not closed as of 2026-08-06as of 2026-08-06
DMG Blockchain Solutions Announces 75 MW Utility Approval Expanding Christina Lake Data Center Power
MW
75 MW of utility power at Christina Lakeno date stated
Partly visible: the operations page still describes "its 65 megawatt data center in Christina Lake, British Columbia, including its own substation", so the approved 75 MW is not yet reflected as installed capacity.as of 2026-09-06
We are targeting the Kentucky Facility to reach a total capacity of approximately 232 MW through the remainder of 2026, with additional expansion anticipated.
MW
232 MW developed capacity in Kentuckyby 2026-12-31
192 MW developed at 2026-06-30 (137 MW at the 10-K date); unresolvedas of 2026-06-30
Stingray Site ... The Stingray Site has conditional ERCOT interconnection approval of up to 100 MW. We expect to energize the site in the first half of 2026.
MW
Stingray energized H1 2026by 2026-06-30
Missed: Q1 2026 deck (2026-05-05) says substation electrical work 'aligning with Q4 2026 target energization timeline'; Q2 2026 deck shows earthwork and underground electrical underway with '1H 2027 Expected Delivery' and rent from 2027-04-01as of 2026-08-04
Bitfarms Announces U.S. Redomiciliation Plan and Intent to Rebrand as Keel Infrastructure
other
redomicile to the United States and rebrand as Keel Infrastructureby 2026 (no date given)
Met: shareholders approved on 2026-03-20 and the rebrand and redomiciliation completed on 2026-04-01 ("Bitfarms Officially Rebrands as Keel Infrastructure; Completes U.S. Redomiciliation").as of 2026-04-01
We strengthened our financial foundation, secured up to 890 megawatts of high-quality utility potential capacity in the Houston region, and materially advanced our Sandersville site with the acquisition of an additional 122-acre parcel as we progress toward AI tenancy.
MW
up to 890 MW of utility capacity in the Houston region (Texas)no date stated
585 MW of ERCOT-approved capacity by May 2026 (including ERCOT approval of 300 MW at Brazoria); July 2026: Texas portfolio described as 'up to 885 MW of secured and planned power capacity'as of 2026-07-14
Rent under the initial phase is expected to commence in October 2026. Rent under the final phase is expected to commence in March 2027
HPC MW
Black Pearl initial rent October 2026by 2026-10-01
Beaten by about two months: 'Cipher began delivering data center capacity at the beginning of August, two months ahead of the original schedule' and 'rent has commenced at the site' (tenant-requested acceleration via 2026-07-24 lease amendment)as of 2026-08-04
We expect to continue increasing our computing power through calendar year 2025 and beyond as we expand infrastructure at our owned sites in Tennessee and across our portfolio of data centers in Georgia, Mississippi, and Wyoming, while also pursuing regional expansion opportunities and evaluating strategic acquisitions.
hashrate
increase from 45.6 EH/s average (peak 50 EH/s) in FY2025by 2026 and beyond
Average hashrate declined: 42.6 EH/s in June 2026 (10-Q) and 38.6 EH/s average operating in July 2026 (monthly update) versus 45.6 EH/s average in the September 2025 quarteras of 2026-07-31
Targeting BUZZ HPC annualized run-rate revenue of ~$140 million by Q4 2026, at ~80% gross margins.
revenue
about $140 million of BUZZ HPC annualized run-rate revenueby 2026-12-31
Partly met and re-based upward: at 2026-08-17 active plus contracted GPU Cloud ARR was about $110 million and the company restated the goal as "our target of approximately $200 million GPU Cloud ARR by the fourth quarter"; the $350 million five-year agreement signed two days later adds about $70 million of ARR.as of 2026-08-17
New multi-year contracts including Together AI, Fluidstack and Fireworks AI, supporting growth to target AI Cloud ARR of >$500m by end of Q1 2026
revenue
>$500m ARR (Prince George GPU deployments) by end of Q1 2026by 2026-03-31
~$0.4bn ARR under contract at Prince George as of 2026-02-05; '$0.5bn ARR under contract from GPU deployments at Prince George' as of 2026-05-07 (contracted, not yet all revenue-generating)as of 2026-05-07
Targeting $3.4bn in AI Cloud annualized run-rate revenue (ARR) by the end of 2026 (expansion to 140k GPUs)
revenue
$3.4bn ARR by end of CY2026by 2026-12-31
Target raised to $3.7bn (2026-03-04, 150k GPUs), then to 'more than $4bn' (2026-07-20). As of 2026-08-26: $1bn operating ARR and '$4bn contracted ARR for 2026 capacity'. Unresolved until year-end.as of 2026-08-27
Under the terms of this lease agreement, Cipher will deliver 300 MW of capacity in 2026, including both air and liquid cooling to the racks. The capacity will be delivered in two phases, expected to begin in July 2026 and complete in the fourth quarter of 2026, with rent commencing in August 2026.
HPC MW
AWS Black Pearl: first delivery July 2026, rent August 2026, full 300 MW gross by Q4 2026by 2026-12-31
Partly met: after an interim slip (10-K Feb 2026: initial rent by Q4 2026, full ramp Q1 2027; Feb 2026 deck: initial rent October 1, 2026, final phase March 2027), the lease was amended 2026-07-24 and first capacity was delivered 'at the beginning of August' 2026 with rent commenced, matching the original August rent date. Full 300 MW is now scheduled into Q1 2027 (final data hall 81 IT MW target 2027-02-28), i.e. one quarter later than 'complete in the fourth quarter of 2026'.as of 2026-08-04
The Colchis site includes a fully executed 1-GW Direct Connect Agreement with American Electric Power (AEP), under which AEP will construct the necessary dual interconnection facility for a targeted energization in 2028.
MW
Colchis 1 GW energized 2028by 2028-12-31
unresolved; Q2 2026 deck: '2028 Target Energization ... expected to be included in Batch Zero' (subject to ERCOT batch process)as of 2026-08-04
HIVE targets 25 EH/s by late 2025 and 35 EH/s during 2026, while scaling its HPC division five-fold over the same period.
hashrate
35 EH/s during 2026by 2026-12-31
Behind: average operational hashrate was 24.0 EH/s in the quarter ended 2026-06-30 ("HIVE's average operational hashrate to 24.0 EH/s"), no higher than the level reached in November 2025, with four months of 2026 left.as of 2026-06-30
Expected Delivery of 168 MW of Critical IT Load by September of 2026
HPC MW
Barber Lake Phase I 168 MW critical IT delivered by September 2026by 2026-09-30
Unresolved as of 2026-08-04 but on schedule: 10-K restated 'targeting delivery of Barber Lake Phase I by September 30, 2026'; Q2 deck: 'Sep. 2026 Expected Initial Delivery; Rental payments expected to commence October 2026'; tenant 'has commenced beneficial use of the facility, including partial occupancy'as of 2026-08-04
regain compliance with the Nasdaq minimum bid price and keep the ADS listingby 2026-01-14 (the date the Nasdaq panel set)
Met: "On January 5, 2026, the Company was formally notified by Nasdaq that it had regained compliance with the minimum bid price requirement and satisfied all other applicable continued listing criteria"; the ADSs transferred to the Nasdaq Capital Market effective 2026-02-12.as of 2026-01-05
Horizon 1 (up to 50MW IT load) on track for Q4 2025 delivery, with foundations underway and long lead equipment continuing to arrive in line with initial expectations
Horizon 1 delivered to and accepted by Microsoft in August 2026 (about 8 months after the original target; the Nov 2025 Microsoft contract re-based delivery to 2026, and the 10-K cites NVIDIA component shortages)as of 2026-08-13
50 EH/s installed - reached target self-mining capacity by month end, with further expansion paused to prioritize continued build-out of AI verticals
hashrate
50 EH/s installed by mid-2025 (target set in 2024)by 2025-06-30
50 EH/s installed June 2025 (met); subsequently reduced to 23.2 EH/s installed at 2026-06-30 as miners were decommissioned for AI Cloudas of 2026-06-30
With 1.7 gigawatts (GW) of captive capacity - including 1.1 GW currently operational - and a growth pipeline exceeding 3 GW of low-cost power opportunities, we are targeting 75 exahash by the end of 2025.
hashrate
75 EH/s energizedby 2025-12-31
66.4 EH/s at 2025-12-31 (missed by 8.6 EH/s); company: 'While below our 75 EH/s target, this outcome reflects deliberate capital discipline'as of 2025-12-31
With every megawatt and associated mining hardware for our 300 MW Paraguay expansion now fully funded, we are excited to be on track to deliver our target of 25 EH/s by US Thanksgiving
Met, within days of the date: the November 2025 production report is headlined "Reports November Production of 290 BTC, Achieves 25 EH/s".as of 2025-12-16
WhiteFiber is targeting total aggregate data center capacity of 76 MW (gross) by the end of 2026, largely underpinned by assets under WhiteFiber’s control, as well as WhiteFiber’s 1,300 MW pipeline
MW
76 MW gross data centre capacityby 2026-12-31
Partly met and re-based: at 2026-08-13 WhiteFiber reported 40 MW of contracted IT load at NC-1 beginning to bill, and the June 2026 deck moves the NC-1 target to "at least 99.0 gross MW by May 2029".as of 2026-08-13
The initial 24 MW (gross) capacity at NC-1 is expected to be online in the first quarter of 2026.
MW
24 MW gross online at NC-1by 2026-03-31
Missed by about two quarters: "Initial billing has commenced at NC-1, with full contracted run-rate billing across 40 megawatts of contracted IT load expected later this month" (2026-08-13).as of 2026-08-13
With planned mining capacity of 2.5MW expected to be added in Q2 or Q3 2025 and at least 40MW by Q2 2026, Greenidge expects to have a total near-term mining capacity of 161.5MW, excluding any future
MW
161.5 MW of total near-term mining capacityby 2026-06-30
Superseded by the pivot: at 2026-08-14 the company reports "We control 104 MW of existing energized capacity and have a 654 MW development pipeline across owned sites, including more than 100 MW of near-term AI/HPC opportunities"; the mining expansion is no longer the plan.as of 2026-08-14
Our go forward hashrate, reflective of the machine sales, is expected to be 1.7 exahash.
hashrate
1.7 EH/sno date stated (go-forward)
Beaten: "As of December 31, 2025, we had a fleet of approximately 22,600 machines mining Bitcoin that can generate up to 2.4 exahash per second of computing power."as of 2025-12-31
Construction work on the substation, to be completed in early 2026, also continues and will bring a total of 1.0 GW of power capacity online once completed.
MW
1.0 GW at Corsicanaby 2026-03-31
10-Q Q2 2026 still describes Corsicana as 'currently equipped to provide up to approximately 400 MW ... upon completion, is expected to have a total of approximately one gigawatt'; substation completion not confirmed in reviewed filingsas of 2026-06-30
Through its expansion projects and the investment in its transformative fleet upgrade, the Company achieved its target of 21 w/TH before the end of 2024 and is executing towards its revised targets of 18 EH/s operational and 21 EH/s and 19 w/TH installed by June 30, 2025.
Missed and withdrawn: the Q2 2025 release reports "an ending EH/s of 17.7 EHuM and efficiency of 17 w/TH, inclusive of Argentina shut down", and the company states "With the shutdown of the Argentina facility, it is no longer feasible to achieve the 21 EH/s target on the Company's originally anticipated timeline. The Company currently has no plans to increase its hashrate."as of 2025-08-12
GEM owns 2.4 exahash (EH) of mining machines which, following completion of the Acquisition, is expected to more than double the Company's hashrate and provide the Company with acce
hashrate
more than double Argo's hashrateon completion of the GEM acquisition
Partly delivered through the restructuring rather than the announced acquisition: at 2025-12-31 the fleet is about 22,600 machines and up to 2.4 EH/s, against 2.8 EH/s of capacity at 2023-12-31 and a 1.7 EH/s go-forward figure in May 2025.as of 2025-12-31
Riot is launching a formal process to evaluate the feasibility of developing the approximately 600 megawatts ("MW") of remaining power capacity at the Company's Corsicana Facility for artificial intelligence ("AI")/high-performance computing ("HPC") uses.
HPC MW
600 MW at Corsicana for AI/HPC
first leases (241 MW) signed at Rockdale, not Corsicana; Corsicana full campus under non-binding LOI as of 2026-08-10as of 2026-08-10
spec 7.5 guidance_statement ledger: company | date_stated | verbatim_quote | metric | projected_value | target_date | actual_value | variance_% | specificity | source_url + page. Every row re-verified by S7b on 2026-09-06: the verbatim quote was searched as an exact string in the cited primary document, and the outcome was checked by locating the actual value in the outcome document and copying the sentence that carries it. Rows whose quote could not be found are not published here.
Eighteen more guidance rows, three for each Tier 2 company, live inside S7-research/dossiers/dossier-{BTBT,HIVE,KEEL,DMGGF,ARBK,VIP}.json under the "guidance" key. They carry the same content but a nested outcome object rather than the flat spec 7.5 field names used here; converting them is a field rename.