Riot Blockchain, Inc. (NASDAQ:RIOT) Q1 2024 Earnings Call Transcript

The challenges are really just kind of the small things that will come up in any large development. As you build and scale out more, you’ll incur different problems like, hey, this electrical switch needs something. This networking thing needs resolution here. Or this immersion system needs to be altered quite a bit. None of them are critical or big roadblocks. They’re just the kind of punches that you roll with in this business. And through our experience and building this infrastructure at scale, we’ve become quite good at identifying small issues, resolving them, and then just continuing to move forward. So to wrap that up, we’re very confident about our 31 exahash goal and we are just marching forward on that for the next seven months of the year.

Owen Rickert: Awesome. Thanks a ton, guys.

Jason Les: Okay. That concludes our Q&A. Thank you everyone for listening to our presentation today and for the questions from our analysts. Very excited about what we have executing on Corsicana. We’ll be providing updates as we always do on a monthly basis going forward and look forward to speaking with everyone and sharing more results after the end of Q2 and Q2 results in August. So with that, thank you everyone. Have a good day.

Operator: This concludes today’s teleconference. You may disconnect your lines at this time. Thank you for your participation and have a wonderful day.