Riot spends just $8.3k to mine 1 BTC as it looks to triple production by 2025

Riot, a key player in the Bitcoin mining sector, reported overall revenue of $76. 7 million in its financial results for the quarter ending June 30, 2023. This result underscores Bitcoin miner resilience in an unpredictable market, with a significant part of its achievement attributed to a 27% increase in Bitcoin production, as opposed to the […] The post Riot spends just $8.

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Texas Bitcoin Mining Farm Sold For Half a Billion

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Riot Blockchain Mining Giant Acquires Major BTC Hosting Firm Whinstone for $651 Million

Leading US Bitcoin miner Riot is to purchase the US largest BTC hosting facility to become the major global mining service provider

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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.

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Bitcoin Mining Company Riot Blockchain Purchases 42,000 Bitmain Miners

Nasdaq-Listed Riot Blockchain has announced $138 million purchase of S19j Antminers

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Riot Blockchain Reports A 460% Increase in Hash Rate; Doubles the Bitcoin Held on Balance Sheet

Meanwhile, newly mined BTC increased by 36% on (QOQ), with 303 bitcoin mined in the 4Q20 compared to 222 bitcoin mined in the previous quarter, “predominantly driven by the increase in the hash rate.

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NASDAQ Listed, Riot Blockchain Sees a 43% MoM increase in Bitcoins Mined in February

Riot Blockchain, the first publicly listed Bitcoin mining firm on NASDAQ, released its monthly productions and operations report on Monday, reporting a 43% monthly increase in Bitcoins mined during February.

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Nasdaq-Listed Mining Company Riot Blockchain Reports Its February Production Results

Riot Blockchain mined $10 million worth of Bitcoin in February

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Bitcoin Miner Riot Blockchain Names Jason Les CEO

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

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

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

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Bitcoin Donations Made to Those Involved in Capitol Riot a Month Prior: Chainalysis Report

Alt-right groups and figures, including internet personality Nick Fuentes involved in last week’s Capitol riot, received “large Bitcoin donations,” as per compliance and investigation software provider Chainalysis.

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Publicly-Listed Bitcoin Mining Operations See Shares Skyrocket, Riot Blockchain Market Cap Reaches $1B

While bitcoin’s value has captured new all-time price highs, a number of publicly listed bitcoin mining operations have seen significant profits. The U. S. -based firm Riot Blockchain’s market valuation recently obtained a $1 billion capitalization.

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

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

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Riot Blockchain to Increase its Hashrate Capacity by 65% with Additional 15,000 Mining Machines

Nasdaq-listed Bitcoin mining firm’s new purchase is a pre-order as Bitmain supplies are sold out until Q3 of 2021. The post Riot Blockchain to Increase its Hashrate Capacity by 65% with Additional 15,000 Mining Machines first appeared on BitcoinExchangeGuide.

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Riot to Test Immersion Cooling Bitcoin Mining Technology in Texas

The firm is looking to improve efficiency in "difficult temperature environments."

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Riot, Marathon, Canaan See Record Monthly Share Gains as Bitcoin Clears All-Time High

Mining companies are soaring as bitcoin hits record highs.

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With share price outpacing Bitcoin, Riot Blockchain appoints new director

The Bitcoin mining giant appoints a new director with a stellar institutional background as stock prices surge.

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Riot Blockchain appoints Hubert Marleau new Director

After releasing Q3 2020 financials that show increased mining revenue and margins, the company announced board-level changes. NASDAQ-listed Riot Blockchain, one of a few publicly-traded companies mining Bitcoin,  recently made changes to its board of directors.

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Bitcoin Miner Riot Blockchain Ends Week Up 50% After Tapping 2-Year Highs

Shares of the mining company surged to $6.60 Friday.

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Riot Blockchain To Hit 2 EH/s in Total Hash Rate with New Purchase of 5,100 S19 Pro Antminers from Bitmain

Riot Blockchain, Inc. continues its commitment to bitcoin mining with the new purchase of 5,100 next generation Bitmain S19 Pro Antminers (110 TH) for USD...

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Riot Blockchain Buys 8,000 of Bitmain’s Latest Bitcoin Miners, Company Targets 1.5 EH/s by 2021

Bitmain Technologies Inc. said Monday that Nasdaq-listed Riot Blockchain is buying 8,000 of its Antminer S19 Pro bitcoin miners in a deal worth $17. 7 million. In a blog post, the Chinese crypto mining hardware maker stated that the machines will be delivered in batches of 2,000 over four straight months starting January 2021.

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Riot Supercharges Mining Ops With 8,000 More Bitmain Rigs as Bitcoin Price Soars

Company executives say Riot Blockchain is on track to become cash flow positive later this year.

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Miner hash rates for Bitcoin miners have increased

Riot Blockchain reported a 250% increase in hash rate per second compared to 2019,...

The post Miner hash rates for Bitcoin miners have increased appeared first on Coin Journal.

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Stocks of Riot Blockchain and Marathon Patent Surge Amidst Bitcoin’s Bullish Movement

Riot Blockchain (NASDAQ: RIOT) and Marathon Patent Group (NASDAQ: MARA), two of the very few crypto mining firms listed on the Nasdaq stock exchange are experiencing a significant surge in their share prices as the price of bitcoin (BTC) continues to rally, according to reports on August 10, 2020.

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Riot Blockchain Mined 508 Bitcoin in Q2

Riot reported a current mining capacity of 556 petahash per second.

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Riot Blockchain Mined 227 Bitcoin in Q2

Riot reported a current mining capacity of 556 petahash per second.

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Mining Stocks Are Beating Bitcoin in a Bullish Cryptocurrency Market

Riot and Marathon have rallied 97% and 128% over the past year while bitcoin has gained 3 percent.

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Riot Blockchain to Boost Hash Rate by 45% With 1000 Bitmain S19 Pro Antminers Going Live

Riot Blockchain, a publically listed bitcoin mining farm, has boosted its overall all hash rate output by adding 1000 new S19 Pro Antminers. The addition of new mining machines is expected to increase the firm’s hash rate by 45% and take it to 357 petahashes per second.

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Stock in Crypto Mining Firms Riot and Hive Massively Outperforms Bitcoin

While shares in Riot Blockchain and Hive Blockchain eclipse Bitcoin’s YTD gains, other mining firms have not fared so well — with Canaan crashing nearly 70%.

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“Bitcoin is the peaceful protest,” CZ says as U.S. riot heightens

As the riot and protest in the United States continues, Binance CEO Changpang “CZ” Zhao says Bitcoin is the peaceful version of the protest. He mentioned this in a Twitter post as the protest is currently the trending issue on crypto Twitter.

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Bitcoin Miner Riot Blockchain Racks Up $221 Million Deficit

Despite increasing revenue, Riot Blockchain’s first-quarter financials reveal that the company has relied on equity and debt financing to fund its operations.

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Riot Blockchain increased miner earnings by 70% in Q1 2020

Riot Blockchain saw its Bitcoin mining revenues soar 70% in the first quarter of 2020, the biotech turned-Bitcoin mining firm has revealed In a disclosure filed with the U. S. Securities and Exchanges Commission (SEC), Riot Blockchain has disclosed that its revenue from Bitcoin mining went up 70% in the first quarter of 2020.

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Крупная майнинговая компания рассказала о влиянии коронавируса на бизнес

Специалисты майнинговой компании Riot Blockchain считают, что пандемия коронавируса может негативно отразиться на результатах добычи bitcoin. Своим видением ситуации представители организации поделились в ежегодном отчете, сформированном для Комиссии по ценным бумагам и биржам США (SEC).

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Riot’s Stock Dips 5% as It Focuses on Bitcoin Mining Ahead of Halving

Nasdaq-listed Riot Blockchain plans to sell its new crypto exchange business to focus on Bitcoin mining about three months ahead of the halving event

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Riot Blockchain Plans Sale of Crypto Exchange as It Invests More Millions in Bitcoin Mining

The Nasdaq-listed company is installing thousands of new Antminer devices from Bitmain at its Oklahoma facility.

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Bitmain Supplies 4,000 Antminer S17 Pros to Nasdaq-listed Company

At a time of intense competition in the bitcoin mining space, Nasdaq-listed crypto mining firm, Riot Blockchain, is ramping up operations. The company has purchased over 4,000 Bitmain Antimer S17 Pros for its Oklahoma mining facility in the last month.

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Bitcoin Miner Riot Blockchain Announces Additional 1,000-Rig Purchase

Riot Blockchain completes upgrade to Oklahoma City mining facility with the purchase of an additional 1,000 Antminer S17-Pro machines

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Blockchain Revenues and Crypto Education Surges as Industry Gathers Momentum

Looking beyond short term market peaks and troughs paints an entirely different picture for the crypto industry. Doom merchants and mainstream media will have a riot when bitcoin prices plummet ten percent, but they rarely acknowledge industry interest which can be measured in education.

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Five Keys to Inner Strength From Five Years in Prison

October 1, 2018, marked five years since I was imprisoned. My physical surroundings today are ironically similar to what they were after my arrest back in 2013. I’m in the SHU again (Special Housing Unit, aka “the hole”).

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Key Bullish Technical Signal Predicts Bitcoin Price Is Approaching $12,000

By CCN: The minor bitcoin price rally which Bloomberg initially rejected as an April Fools’ joke has metamorphosized into a laughter riot. The world’s leading cryptocurrency has surged as much as 116.

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Auditor Exposes ‘Weakness’ in Nasdaq-Listed Crypto Stock

Being a crypto company isn’t as easy as it looks. Just ask Riot Blockchain, a Nasdaq-listed company that was previously known as Bioptix. Riot is the subject of an audit in which “material weakness” was discovered in their financial reporting, according to a U.

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Newly Transitioned Bitcoin Mining Company, Riot Blockchain, Posts Over $50 Million Loss In 2018

Riot Blockchain Records $58 Million Loss For 2018 Since the bear market began, several firms across the crypto and Blockchain industry have reported significant losses. However, the section of the industry that seems to have been hit the worst in the mining sector with many firms closing down, letting go of their staff, trying to […]

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Cryptocurrency mining firm posts massive $58M loss

Bitcoin and other cryptocurrencies might have had a good week so far, but it’s not quite enough to make up for this Nasdaq-listed cryptocurrency mining firm‘s 2018 losses. In its 2018 financial report, released yesterday, cryptocurrency mining firm Riot Blockchain posted a $58 million loss.

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Bitcoin’s Mammoth Rally Caused This Nasdaq Stock to Surge 20%

As Bitcoin’s sudden rally higher captures the world’s attention, it is not only the cryptocurrency investment that is racing back into the light. Any company associated with BTC is experiencing a green day, and naturally, Riot Blockchain (RIOT) is no exception.

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Riot Blockchain Plans United States-Based Regulated Cryptocurrency Exchange in Q2 2019

The upcoming regulated cryptocurrency exchange called RiotX will offer three primary services namely banking, a trading engine and a digital wallet. RiotX will initially be available within the United States territory.

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Crypto Exchange Launch Shows Riot Blockchain Still Clings to the Bitcoin Dream

Riot Blockchain, a former biotech firm turned bitcoin-mining company, expects to launch a regulated cryptocurrency exchange by the end of the second quarter of 2019, or June 30. The company is initially investing up to $250,000 to make this roll-out happen.

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In the Daily: Riotx Exchange, Monacoin Hacker, Coinflex Investors

In this edition of The Daily we cover a planned U. S. regulated cryptocurrency exchange from Riot Blockchain, the arrest of a hacker in Japan who allegedly stole 15 million yen of monacoin, and a couple of new investors in Coinflex.

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Mckinsey: Despite Billions of Dollars, Corporate Blockchains Have Achieved Little

During the last 18 months, companies have claimed to be able to use blockchain technology to improve the supply of everything from vegetables to automobiles. An increasing body of evidence, however, suggests that the reality has failed to match the hype.

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Phillip Frost Agrees to Settle Riot Blockchain Related Case for $5.5 Million

Riot Blockchain, Inc. replaced its CEO in September after the SEC charged him in connection with a fraudulent $27 million pump and dump scheme. Now another person involved in that case, biotech billionaire Phillip Frost, has agreed to pay $5.

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