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...
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.
Share prices for publicly traded bitcoin mining companies are climbing as the leading cryptocurrency sliced through $20,000 Wednesday.
The firm is looking to improve efficiency in "difficult temperature environments."
Mining companies are soaring as bitcoin hits record highs.
Shares of the mining company surged to $6.60 Friday.
Shares of the mining company surged to $6.60 Friday.
Riot reported a current mining capacity of 556 peta hash per second.
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