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Riot blockchain
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CryptoCurrency
Wall Street's Bitcoin Miners Boost Production, but Revenue Falls for 4th Straight Month
2024-11-05T09:20:33.122+02:00
Major U.S. BTC mining companies reported increased production in October 2024, with MARA leading at 717 Bitcoins mined.
However, JPMorgan reports declining profitability as the network hash rate reached a record 702 EH/s.
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CryptoCurrency
Wall Street Bitcoin Miner’s Net Loss Surges over 90% in Q3 2024
2024-10-31T09:29:54.916+02:00
Riot Platforms' BTC mining revenue doubled to $67.5 million during the last quarter.
However, the company reported a twofold increase in energy and mining costs per 1 BTC.
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CryptoCurrency
Bitcoin Mining Giants from Wall Street: Ranking the Top 5 by Market Cap
2024-08-03T13:00:00.000+02:00
Wall Street hosts the largest public BTC mining companies, with MARA leading at a $6B market cap.
Check our comprehensive guide dedicated to the top 5 crypto miners from the US.
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CryptoCurrency
Riot Pivots to Electricity and HIVE to AI as Bitcoin Mining Profits Plummet
2023-09-07T10:49:42.055+02:00
Crypto miners are reporting lower BTC production output.
In the search for revenue, they sell electricity or computing power to AI firms.
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CryptoCurrency
Bitcoin Miners Face a $2.8 Billion Nightmare and Lowest Revenues in a Month
2023-08-24T13:54:42.691+02:00
Bitcoin's flash crash negatively affected the performance of mining companies.
In addition, their revenues fell to monthly lows.
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CryptoCurrency
Crypto Winter’s Chilling Aftermath: Galaxy Digital and Riot Blockchain Report Q2 Losses
2023-08-10T09:56:55.963+02:00
Both companies reported a net loss in the last quarter.
However, Riot increased its hash rate, and Galaxy boosted its AM revenue sixfold.
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CryptoCurrency
Crypto Stocks Suffer Due to Low Bitcoin Prices and Escalating Hacks and Exploits
2023-08-01T17:47:44.469+02:00
The shares of Coinbase, Bitfarms, and Riot Platforms are among those affected.
DeFi platform Curve Finance recently fell victim to an exploit.
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Jared Kirui
News
Riot Blockchain Reports 189% Increase in BTC Production for February 2022
2022-03-04T10:15:46.463+02:00
The company has expanded its mining capabilities.
For the reported period, Riot produced 436 BTC.
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CryptoCurrency
Riot Blockchain Announces 458 Bitcoins Mined in January 2022
2022-02-06T12:17:04.865+02:00
Riot Blockchain mined 458 Bitcoins in January 2022, 7.8% up from December 2021
The mining firm expects to increase its hashrate capacity of around 12.8 EH/s
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Nicholas Otieno
News
Riot Blockchain Q2 Revenue Jumps by 1,540%
2021-08-24T08:24:15.000+02:00
The firm mined 675 Bitcoins in the three month period.
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Executive Moves
Riot Blockchain Appoints New Exec Chairman, Announces Two Other Staff Moves
2021-05-25T00:26:24.000+02:00
Lance D’Ambrosio has been elected to the US-listed Bitcoin mining company's Board of Directors.
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Felipe Erazo
News
Riot Blockchain Buys America's Largest Bitcoin Mining Facility for $651M
2021-04-08T17:30:14.000+02:00
The facility is now producing 300 mW of power, which can be upped to 750 mW.
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News
BTC Mining Firm Riot Blockchain Partners with Bitmain
2021-04-08T10:32:21.000+02:00
Riot Blockchain will purchase 42,000 mining machines from Bitmain technologies.
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Riot Blockchain Spends $35 Million for New Batch of Antminers
2020-12-22T12:42:08.000+02:00
Full deployment of the miners will expectedly increase its hash rate by 65 percent.
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CryptoCurrency
Riot Blockchain Boosts Hash Rate By 45% with 1,000 New Antminers
2020-07-17T10:36:10.000+02:00
The firm deploys its first tranche of 1,000 Antminers S19 Pros, expects hash rate to tag 357 petahashes per second.
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CryptoCurrency
Riot Blockchain Relocates 4,000 Bitmain S17 Pro Miners to Massena, New York
2020-06-11T10:45:18.000+02:00
The crypto mining company continues optimazation with transition to Coinmint
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News
Riot Blockchain Buys Another 1,000 Antminer S19 Pro for $2.3M
2020-06-04T09:00:41.000+02:00
The mining company purchased a total of 3,040 miners, S19 Pro and S19 combined.
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Riot Blockchain Adds Another 1,040 Bitmain S19s to Its Arsenal
2020-05-08T14:42:33.000+02:00
The company added a total of 2,040 Antminers and will deploy them by Q3 2020.
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News
Riot Blockchain Buys 1,000 Bitmain Miners for $2.4 Million
2020-05-01T17:48:03.000+02:00
The mining company purchases next generation S19 Pro Antminers
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Riot Blockchain Shutters Crypto Exchange, Expands Mining Operation
2020-02-21T13:57:24.000+02:00
The company has extended its operation with a new facility with a capacity of 4,000 S17 Antminers.
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News
Riot Blockchain's US-Focused Crypto Exchange to Launch by July
2019-03-18T10:06:49.000+02:00
The company first hinted that it would open a crypto exchange last March.
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Regulation
Biotech Billionaire Settles with SEC over Crypto P&D Scheme
2019-01-01T23:10:26.000+02:00
The SEC’s case against Phillip Frost involves the biotech-turned-blockchain company Riot Blockchain.
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John McAfee Among Defendants Named in Pump and Dump Lawsuit
2018-10-03T13:47:50.000+02:00
John McAfee and a firm where he once worked are being sued by investors over an SEC investigation into that firm's ex-CEO.
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Simon Golstein
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Analysis: Global Regulatory Backlash Against Cryptocurrency-Themed Rebranding
2018-02-26T20:31:02.000+02:00
US and South Korean watchdogs begin investigating companies that change their names to pump their stock.
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