Riot Blockchain, one of the largest bitcoin miners in the industry, is rebranding its name to Riot Platforms to reflect the company’s diversified business operations, it said in a statement on T...
Tag: Riot
Riot Stock Price Prediction: Will RIOT Stock Avoid this Descending Streak? – Exclusive Technical Analysis!
Riot Stock price prediction showcases that the stock price has been descending through a falling parallel channel over the daily price chart. RIOT stock has dropped below 20, 50, 100 and 200-days Dail...
RIOT Stock Price Prediction: Will The Next Crypto Bull Rally Help To Regain The RIOT Glory?
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RIOT Stock Ends The Bear Streak After Weekend, Rises By Over 5%
Just when the people were starting to take a sigh of relief, thinking that this crypto bloodbath had finally come to an end, FTX Group filed for bankruptcy. This year showed no mercy to anyone in the ...
Riot Games to terminate FTX Sponsorship due to “reputational harm”
North America (NA) League of Legends Championship Series, LLC (Riot) has made a filing in the FTX bankruptcy case requesting that the court either “compel FTX to reject the Agreement” or allow Riot to...
Riot Games looks to distance itself from Sam Bankman-Fried
He’s been kicked out of the “League.” The maker of Sam Bankman-Fried’s favorite game, League of Legends, wants out of its exclusive sponsorship agreement with the disgra...
Hut8, Riot, Marathon increase BTC holdings in November after large declines
Mining companies have been releasing their November production rates throughout the week. CryptoSlate analysts brought the numbers together and revealed that Hut8, Riot, and Marathon are the only ones...
Riot Achieves New Record Hashrate Capacity in November 2022
Riot Blockchain, one of North America’s largest Bitcoin mining companies, claims it set a record for hashrate and Bitcoin output in Nov. Although, the production still lags as compared to the hashrate...
Bitcoin Miner Riot Switches Mining Pool After Falling Short in November
Other payment methods usually ensure miners always get paid, even if the pool doesn’t find a block. However, PPLNS only pays miners after a block has been found by the pool, and then the pool goes bac...
Riot Blockchain produces record 521 Bitcoin in November; plans to change mining pool
Riot Blockchain Mining Pool, Technology Company in North America Riot Blockchain, Inc is a bitcoin mining company, supporting the Bitcoin blockchain through rapidly expanding industrial-scale mining f...
Bitcoin Mining Firm Riot Blockchain Reports $36.6M Quarterly Loss
11 hours ago | 2 mins read Bitcoin News Riot participated in a curtailment procedure in Texas. Many Bitcoin miners have been hit hard by the ever-increasing cost of electricity. Riot Blockchain, a maj...
Bitcoin Miner Riot Blockchain Posts Disappointing Quarterly Revenue
Bitcoin mining giant Riot Blockchain posted a net loss of $36.6 million. The Colorado-based company generated a revenue of $46.3 million – down by 28% from the previously estimated $54.2 million. The ...
Analysis of Riot Blockchain’s Q3’22 Earnings
November 8, 2022, 5:06PM EST • 2 min read Quick Take Reported earnings November 7, 2022 and closed at $5.75 per share Mining cost as a percentage of sales doubled increased from 39.0% to 66.5% QoQ Ag...
Riot Blockchain, Argo, and Iris – How is Q4 going for crypto-mining
Companies operating in the crypto-mining sector have not had the best of starts in the last quarter of 2022. Several discouraging reports have come out over the past few days, each of which indicates ...
Riot Blockchain Bitcoin Mining Revenue Slashed by 25% in Q3 2022
Bitcoin mining firm Riot Blockchain Inc. has claimed losses worth more than $30 million in its Q3 financial report, Most mining firms have suffered as Bitcoin remains in the $20,000 zone. Riot Blockc...
Riot Blockchain third quarter revenue falls short of analyst estimates
Bitcoin mining company Riot Blockchain fell short in the third quarter, missing analyst targets for revenue. Riot posted a net loss of $36.6 million, or 24 cents a share, compared to $15.3 milli...
Riot Blockchain is not a buy
Palantir: “If it can get to $10, then I would skedaddle. I hate to recommend it all the way down here because it’s near the bottom.” Black Knight Inc: “The government is so fic...
Democrats Tie GOP Sen. Johnson To Jan. 6 In New Ad—Here’s Why Capitol Riot Ads Are Rare
Topline A new ad by a Democratic political action committee is seeking to link Sen. Ron Johnson (R-Wis.) to the January 6 Capitol riot—one of the few ads featuring the insurrection this campaign cycle...
Bitcoin miner Riot increases hashrate by 16.7% in September
Bitcoin miner Riot increased its hash rate in September by 16.7% (to 5.6 exahashes per second) while expanding its Whinstone facility in Texas. “We will remain focused on aggressively increasing...
Riot Blockchain produced over $7.1M worth of BTC in September
Riot Blockchain, a Bitcoin mining company based in Texas, produced 355 BTC in September this year. The news is part of Riot’s unaudited production and operations updates for last month, in which the c...
Nine Inch Nails, Yeah Yeah Yeahs, Sleater-Kinney And Coolio Close Out Riot Fest
Trent Reznor performs on stage at Riot Fest with Nine Inch Nails. Sunday, September 18, 2022 at … [+] Douglass Park in Chicago, IL Photo by Ethan Chivari “This is one of my favorite festivals in...
Bitcoin Slumps to Lowest Since Late 2020, Ether Tumbles on Fed Jitters
Text size Bitcoin, the world’s largest cryptocurrency, has declined nearly 60% this year. Dreamstime Bitcoin fell Monday and other cryptocurrencies followed it lower ahead of what’s expected to ...
Bad Religion, Sunny Day Real Estate And Yellowcard Highlight Day Two At Riot Fest
The Front Bottoms perform on stage looking out over Douglass Park on day two at Riot Fest. Saturday, … [+] September 17, 2022 in Chicago, IL Photo by Ethan Chivari Seminal L.A. punk act Bad Reli...
Marky Ramone Looks Back On The Ramones As Riot Fest Kicks Off In Chicago
Marky Ramone performs on stage with Marky Ramone’s Blitzkrieg at Riot Fest. Friday, September 17, … [+] 2022 at Douglass Park in Chicago, IL Photo by Ethan Chivari “I see the representatio...
Riot Blockchain Earns a Lot of Money for Scaling Back Crypto Mining Energy Use
Riot Blockchain, Inc. is a company that both hosts and mines bitcoin units. In a recent announcement, the company said it received more than $9 million from the Texas state power grid manager to cut b...
Commentary on Riot Blockchain’s Q2’22 Earnings
September 8, 2022, 11:03AM EDT • 4 min read Quick Take Reported Q2’22 earnings on August 15, 2022 after filing a delayed filing notification due to goodwill impairments, market turmoil and macro facto...
What did the policymakers ask the Miners Core, Scientific, Riot, and Stronghold?
The house committee on energy and commerce sent a letter to the four biggest crypto mining operations. The letter asked the companies to answer certain questions. The House Committee of Energy and Com...
What Did US Lawmakers Ask Miners Core Scientific, Riot, Marathon & Stronghold?
The four biggest US-based mining operations – Core Scientific, Marathon Digital Holdings, Riot Blockchain, and Stronghold Digital Mining – got a letter from the House Committee On Energy and Commerce....
Riot, a Bitcoin Miner on its $349M Acquisition
Impairment Charge for Bitcoin Assets of $99.8 Million In its second-quarter earnings report released on Monday after the close, Riot Blockchain (RIOT), one of the biggest publicly traded bitcoin miner...
Bitcoin miner Riot posts $366.3 million net loss in second quarter
Bitcoin miner Riot reported a net loss of $366.3 million in the second quarter, mainly due to a $349.1 goodwill impairment charge and a $99.8 million impairment charge on its bitcoin reserves. The com...
Coinbase plunges 86% in 2022, amid FTX-inspired slump. But one analyst says ‘you have to have a multiyear time frame.’
Hello there and seasons greetings! This is Mark DeCambre, Editor in Chief at MarketWatch. The hottest story in crypto land remains FTX, even as we hurtle toward 2023. It is a fast-evolving situation. ...