Full-Time
Benefits Coordinator
Updated on 8/23/2026
Riot Platforms
51-200 employees
Vertical-integrated Bitcoin mining and AI centers
No salary listed
Round Rock, TX, USA
Hybrid
Hybrid position based out of the Round Rock office.
Bachelor's
 People & HR (1) |
|---|
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- A bachelor's degree is required.
- At least one year of professional experience in an human resources or benefits capacity is required.
- Exposure to employee benefit programs such as medical and 401(k) plans is required.
- The ability to identify data errors and maintain accurate records is required.
- A professional and empathetic communication style for assisting employees with sensitive benefits questions is required.
- Experience with Microsoft Excel, including filters and basic formulas, is required.
- The ability to manage time effectively and meet strict deadlines in a non-exempt environment is required.
- Support the benefits lifecycle, from new-hire enrollment through life-event changes and terminations.
- Respond to foundational questions about medical, dental, vision, and retirement plans.
- Assist with reconciling monthly benefits invoices and coordinate with vendors to resolve eligibility or enrollment discrepancies.
- Support annual open enrollment through data testing, material distribution, and employee help-desk coverage.
- Support ancillary programs such as wellness initiatives, commuter benefits, and tuition reimbursement.
- Create benefits communications that increase employee awareness and engagement.
- Assist with leave-of-absence administration in partnership with vendors.
- Provide backup support for the broader Total Rewards team as needed.
- Help maintain and update standard operating procedures for Total Rewards workflows.
- Assist with generating basic reports and performing data audits across Total Rewards platforms.
- Collaborate with payroll to communicate leave-of-absence status changes and ensure deductions are applied accurately and on time.
- A strong desire to learn Total Rewards processes and a commitment to operational excellence.
- An interest in learning complex systems.
Riot Platforms operates large-scale Bitcoin mining facilities and provides electrical engineering services through its subsidiary, ESS Metron. The company uses specialized computers called ASIC miners to solve complex math problems that secure the Bitcoin network, earning digital currency as a reward. Unlike many competitors who rely solely on mining, Riot is vertically integrated, meaning it builds its own electrical infrastructure and is expanding into high-performance computing and AI data centers to diversify its income. Its goal is to leverage its massive power capacity in Texas to become a leading provider of digital infrastructure for both the cryptocurrency and artificial intelligence industries.
Company Size
51-200
Company Stage
IPO
Headquarters
Castle Rock, Colorado
Founded
2000
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Simplify's Take
What believers are saying
- Anthropic's 20-year lease targets $9.1 billion revenue, validating Riot's AI pivot.
- Morgan Stanley's $573 million financing de-risks early Rockdale development spending.
- Riot held $1.2 billion liquidity and 11,380 BTC after selling 4,300 coins.
What critics are saying
- Bitcoin mining revenue fell 19% in Q2 2026 while mining costs rose above revenue.
- Riot still posted a $237.2 million Q2 2026 net loss and heavy depreciation.
- Execution risk remains on 191MW Anthropic buildout through June 2028; delays crush credibility.
What makes Riot Platforms unique
- Rockdale and Corsicana give Riot 1.7GW Texas power and approved interconnection.
- Riot signed 241MW of AI leases, including AMD and Anthropic, by August 2026.
- ESS Metron vertically integrates electrical buildout, lowering dependence on outside contractors.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Vacation
Paid Holidays
Flexible Spending Accounts
Company News
Riot Platforms shares rose 4.80% to $20.31 as Bitcoin surged past $72,000 following a White House crypto summit hosted by President Donald Trump. As a major digital infrastructure operator, Riot's stock serves as a high-beta proxy for Bitcoin prices. The company reported second-quarter revenue of $174.2 million, up 14% year-over-year, driven partly by its expanding data centre business. Riot maintains over $1.2 billion in liquid assets despite net loss pressures. Riot announced a 20-year lease agreement with AI firm Anthropic for 191 megawatts of power at its Rockdale, Texas campus. Combined with an existing AMD agreement, the company has secured 241 megawatts representing approximately $9.8 billion in contracted revenue.
Riot Platforms sold 4,300 Bitcoin during the second quarter to fund operations and its expanding artificial intelligence data centre business. The cryptocurrency miner still holds 11,380 BTC worth $717.65 million. The company ended Q2 with over $1.2 billion in liquid assets, including $548.9 million in cash. It mined 1,587 Bitcoin in the quarter, up from 1,426 a year earlier, though mining revenue fell 19% year-over-year to $113.7 million. The cost to mine one Bitcoin reached $90,631, exceeding the $71,667 production value per coin. Rising power costs and expansion of its Kentucky facility drove mining costs higher. RIOT stock has risen 69% over the past 12 months to $19.58 per share.
Artificial intelligence company Anthropic has reportedly signed a $9.1 billion lease at the former Alcoa smelting site in Rockdale, Texas. Riot Platforms disclosed the 20-year agreement in quarterly filings, though it did not name the tenant. Bloomberg sources confirmed Anthropic's involvement. The deal, running through 2048, could reach $16.1 billion with two five-year extensions. It includes 191 megawatts of information technology load, enough to power up to 47,700 Texas homes during peak summer conditions. The agreement adds to Riot's Milam County developments. Earlier this year, chipmaker AMD signed a $1 billion, 10-year lease for a 200-acre data centre at the site. The campus now has 700 megawatts of power capacity and employs approximately 250 people.
Riot Platforms signed a 20-year data centre lease with Anthropic for 191 megawatts of capacity at its Rockdale campus. The deal is expected to generate approximately $9.1 billion in total contract revenue over the initial term. The lease includes two five-year extension options, representing a total potential contract value of approximately $16.1 billion if both extensions are exercised. In January, Riot also signed a lease with Advanced Micro Devices for its Rockdale facility. Following the announcement, Needham raised its price target on Riot stock from $28.50 to $30, representing a 54.6% upside from the closing price of $19.40. The firm reiterated its buy rating. During the second quarter, Riot generated revenue of $174.2 million, including $23.2 million from data centres.
Riot Platforms has signed a 20-year deal to supply 191 megawatts of computing power to Anthropic for $9.1 billion, Bloomberg reported, citing sources. The Bitcoin miner had earlier announced the agreement without naming the customer. RIOT shares jumped over 26% in overnight trading following the report. The deal uses Riot's Rockdale, Texas campus infrastructure. The company also reported second-quarter results showing revenue increased 14% to $174.2 million, though it swung to a net loss of $237.2 million from a year-ago profit of $219.4 million. Combined with an earlier AMD deal, Riot has now secured 241 megawatts of capacity representing approximately $9.8 billion in long-term contracted revenue, CEO Jason Les said.