Tag: riot blockchain

Nov 03 2021

Bitcoin Miner Riot Produced 464 BTC In October, Up 433% Year Over Year

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...

Oct 19 2021

Riot Blockchain Announces 200MW Immersion-Cooled Bitcoin Mining Operation

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...

Oct 11 2021

Bitcoin (BTC) hashrate shifts to the US as states vie for miners’ attention

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,...

Aug 24 2021

Aug 11 2021

Bitcoin Mining: North American Miners see 58% Rise in BTC Mining

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...

Aug 06 2021

Publicly-Traded Bitcoin Miners Continue To Outperform

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....

Jul 02 2021

Why The China Bitcoin Ban Will Boost Miner Profitability In US

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

Apr 08 2021

Riot Acquires Whinstone With Intent On Operating North America’s Largest Bitcoin Mining Facility

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...

BTC Mining Firm Riot Blockchain Partners with Bitmain

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

Apr 07 2021

Riot Blockchain To Purchase 42,000 Antminers For $138.5 Million

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...

Mar 29 2021

These Crypto Companies Had a Sudden Windfall Thanks to Bitcoin

Mar 29 2021 Published at CoinCentral under tags  bitcoini investing news riot blockchain

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...

Mar 10 2021

JP Morgan Builds Basket Of Companies With Bitcoin Exposure

Mar 10 2021 Published at Bitcoinist.com under tags  amd bitcoin btc btcusd btcusdt

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...

Feb 09 2021

Bitcoin Miner Riot Blockchain Names Jason Les CEO

Feb 09 2021 Published at CoinDesk under tags  bitcoin mining jason les markets news people

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

Feb 02 2021

California Pension Fund Loaded Up on RIOT Shares During Bitcoin’s Q4 Rally

Feb 02 2021 Published at CoinDesk under tags  business california investment mining news

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

Jan 13 2021

Riot Blockchain Adds Blockware CEO to Advisory Board

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

Jan 05 2021

Chinese Firm “The9” Files Agreement to SEC Disclosing Partnership with Crypto Mining Giants

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...

Dec 28 2020

Bitcoin Mining Company Riot Blockchain Passes $1B in Market Cap

Dec 28 2020 Published at CoinDesk under tags  bitcoin mining markets news riot blockchain

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

Dec 22 2020

Riot Purchases Additional 15,000 Mining Machines From Bitmain

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.

Riot Blockchain Spends $35 Million for New Batch of Antminers

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

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