Full-Time
Senior Electrical Engineer
PE
Updated on 8/23/2026
Riot Platforms
51-200 employees
Vertical-integrated Bitcoin mining and AI centers
No salary listed
Houston, TX, USA
In Person
Bachelor's
 Electrical Engineering (1) |
|---|
Get referred to Riot Platforms
See people who can refer or advise you
- Bachelor of Science degree in Electrical Engineering.
- Licensed Professional Engineer (PE).
- At least 10 years of experience in Electrical, Instrumentation, and Controls engineering within an Engineering and Design Consulting environment.
- Proficiency with SKM or ETAP power study software.
- Strong written and verbal communication skills.
- A self-motivated, detail-oriented approach with willingness to learn and grow.
- Develop scopes of work, budgets, and schedules.
- Design and specify medium- and low-voltage transformers and motor control centers.
- Plan and execute power distribution systems for industrial facilities.
- Create one-line diagrams and specifications for low-, medium-, and high-voltage substations up to 500 kV.
- Establish electrical area classifications and develop grounding system designs.
- Design protection relay and programmable logic controller control cabinets.
- Develop lighting and lightning protection plans.
- Design network architecture for electrical systems.
- Create cable and conduit schedules, including sizing.
- Perform power studies using SKM or ETAP software.
- Prepare detailed design milestones, staffing schedules, and man-hour estimates.
- Define design concepts and ensure technical accuracy to meet project requirements.
- Prepare Engineering Change Requests and research engineering solutions, including cost and time estimation.
- Generate specifications for electrical equipment and construction.
- Apply engineering standards and ensure compliance with applicable codes.
- Support field technicians with troubleshooting and commissioning, including protection relays.
- Review and interpret design data from P&IDs.
- Perform complex calculations and designs according to departmental standards.
- Prepare coordination studies and arc flash analysis reports in compliance with safety standards.
- Coordinate cross-discipline design details and review drafters' and designers' work.
- Prepare and/or supervise engineering reports, studies, calculations, and drawing reviews.
- Train and mentor junior engineers, designers, and technicians.
- Monitor and communicate project changes to Department and Project Managers.
- Experience analyzing transformer monitoring system data.
- Currently residing in the Houston, Texas area.
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
Get referred to Riot Platforms
See people who can refer or advise you
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.
Help us improve and share your feedback! Did you find this helpful?
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.