Controls Engineer - Mission-Critical Infrastructure
About the job
- Have 5–8 years of controls engineering experience, including direct experience in data centers or other mission-critical infrastructure.
- Have extensive experience integrating and commissioning Electrical Power Monitoring Systems (EPMS), Building Management Systems (BMS), and Supervisory Control and Data Acquisition (SCADA) platforms.
- Have hands-on commissioning and vendor-management experience, including Request for Proposal (RFP) review and Professional Services Agreement (PSA) negotiation and execution.
- Be familiar with industrial protocols such as BACnet, Modbus, and OPC-UA.
- Be comfortable owning incident response and change management for live, critical infrastructure.
- Lead on-site commissioning and project management across active and upcoming deployments, including project close-out, warranty resolution, and vendor management.
- Own commissioning and vendor management for new deployments as they come online, including projects as large as 200 MW.
- Support monitoring, alarm thresholds, and controls integration for liquid-cooled direct-to-chip and immersion infrastructure alongside thermal and mechanical teams.
- Lead hands-on, on-site troubleshooting and technical support for operations teams.
- Mentor and directly help develop junior controls team members, including team members transitioning into controls engineering roles.
- As the on-site workload stabilizes, grow into reviewing and eventually co-owning controls standards and governance documentation.
About the company
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 Rockdale lease targets 191MW and $9.1 billion initial revenue.
- AMD expanded to 50MW at Rockdale, validating Riot's data-center pivot.
- Riot repaid Coinbase's $200 million loan on September 21, 2026, releasing 5,821 BTC collateral.
What critics are saying
- Bitcoin mining revenue fell to $113.7 million in Q2 2026, while costs rose.
- Riot still depends on volatile bitcoin sales, including 4,300 BTC sold in Q2 2026.
- SBI Crypto settled for $20 million after trial, proving recurring contract and execution risk.
What makes Riot Platforms unique
- Rockdale and Corsicana give Riot 1.7GW Texas power capacity.
- AMD and Anthropic leases convert mining infrastructure into contracted AI revenue.
- Vertical integration through ESS Metron lowers buildout friction and supports faster campus development.
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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 has repaid a $200 million loan to Coinbase, freeing 5,821 bitcoin worth approximately $494 million at current prices. The Nasdaq-listed Bitcoin miner cleared the debt on 21 September, seven months ahead of the April 2027 deadline, according to an SEC filing. The released coins represent over half of the 11,380 bitcoin Riot held on 30 June. The company had pledged the bitcoin as collateral for the loan, which carried a 6.15% fixed interest rate. Riot has been selling more bitcoin than it mines whilst spending heavily to convert its Texas facilities into AI data centres. In August, the company signed a 20-year, $9.1 billion lease for computing capacity at its Rockdale campus. Morgan Stanley provided a $573 million interim construction loan. The filing does not specify how Riot raised funds for the repayment or its plans for the freed bitcoin.
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.