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Riot Platforms
Wall Street Bitcoin Miners Report Lower November Production Despite BTC Rising to $100,000
- Major BTC miners reported mixed November production results amid a 7% network difficulty increase.
- Although production declined for the 5th consecutive month, higher crypto prices led to a nearly 25% increase in revenue.
Wednesday, 04/12/2024 | 08:02 GMT by
Damian Chmiel
3rd Largest Wall Street Bitcoin Miner Raises Bitfarms Stake, Takeover Defense Intensifies
- Riot Platforms has increased its stake in rival platform to 18.9%, continuing its push for board changes.
- The move follows Bitfarms' rejection of Riot's earlier acquisition offer.
Wednesday, 14/08/2024 | 06:59 GMT by
Damian Chmiel
3rd Largest Bitcoin Miner on Wall Street Acquires Crypto Competitor for $93 Million
- Riot Platforms purchased Block Mining this week after an unsuccessful attempt to acquire Bitfarms.
- The BTC producer increased their potential power capacity to 2 gigawatts.
Thursday, 25/07/2024 | 10:40 GMT by
Damian Chmiel
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