Tag: riot blockchain

The miner now holds nearly 4,000 bitcoin and expects to reach a hash rate capacity of 8.6 EH/s in 2022.Riot Blockchain mined 464 BTC in October 2021, a 433% increase over its October 2020 production of 87 BTC.The company now holds nearly 4,000 bitcoin, all produced in-house.Riot expects to house a hashrate capacity of around 8.6 EH/s by the end...

Riot announces a new immersion-cooled bitcoin mining operation that will increase their miner productivity.Today, Riot Blockchain announced their new 200 megawatt (MW) industrial-scale immersion-cooled bitcoin mining operation at its Whinstone facility which was...

Months after China kicked out crypto miners citing environmental concerns of the industry, a report from Foundry USA has shown that miners emigrating to the United States are seeking renewable energy sources for their operations. New York is attracting BTC miners According to the report from the biggest mining pool in North America and the fifth-largest in the world,...

The firm mined 675 Bitcoins in the three months period.

North America saw an exceptional rise in BTC mining over the span of one month, with a 58 percent hike. Five Bitcoin Mining giants in North America, Marathon Digital, Riot Blockchain, Bitfarm, Argo Blockchain, and Hut8 mined a total of 1802 Bitcoins in July as compared to June’s collection of 1135.6 Bitcoins. The rain of The post Bitcoin Mining: North American Miners see...

Shares of publicly-traded bitcoin mining companies continue to outperform, with many of them up big this week.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now....

China's recent crackdowns on Bitcoin will boost profitability for US miners like MARA and RIOT, according to B. Riley analyst Lucas Pipes....

North American bitcoin mining company Riot will acquire Whinstone and add 300 MW of capacity to its operations.Bitcoin mining is a business that requires lots of power to be put toward computing. Now, in a new acquisition that significantly changes the face of the practice in North America, bitcoin mining company Riot Blockchain...

The facility is now producing 300 mW of power, which can be upped to 750 mW.

Riot Blockchain will purchase 42,000 mining machines from Bitmain technologies.

North American bitcoin mining company Riot Blockchain will purchase 42,000 bitcoin mining rigs, upping its hash rate to 7.7 EH/s.Colorado-based bitcoin mining company Riot Blockchain has...

Bitcoin experienced a momentous uptrend this year thanks to the rising demand for the digital currency. The fast adoption of the digital currency by mainstream investors was among the main catalysts behind the unprecedented rally which pushed its value from $11,500 levels just six months ago to the current $ 57,480 valuation. With notable figures such as Elon Musk investing in bitcoin, many...

MicroStrategy shares skyrocketed alongside the parabolic Bitcoin rally as investors rushed to gain exposure to the trending cryptocurrency any way they could. Banking on this demand, JP Morgan is planning to introduce a new investment product that is a basket of companies with some type of cryptocurrency market exposure. Here's a deeper look at what this new investment product from JP Morgan could...

Les has served as the board's director since 2017.

The largest public pension in the U.S. bought more RIOT shares for the first time since 2017.

Jappa is the latest addition to Riot's changing boards of directors and advisors.

The9, a US-listed internet, and mobile gaming firm based in Shanghai is all set to enter into the cryptocurrency mining industry and is looking to seek guidance from the best in the business. As per an...

Riot's value was less than $50 million when it started mining bitcoin three years ago.

Nasdaq-listed bitcoin mining firm Riot Blockchain (RIOT) announced its purchase of 15,000 additional mining ASIC machines from Bitmain, pushing the total number of machines ordered by the mining company to over 31,000 in 2020.

Full deployment of the miners will expectedly increase its hash rate by 65 percent.