Riot Blockchain (RIOT) is by far one of the largest publicly traded Bitcoin miners in the world. Bitcoin miner Riot: market-driven devaluation It has a market capitalization of over $1.2 billion, but...
Tag: Riot
Bitcoin Miner Riot Takes $349M Goodwill Impairment Charge on Acquisitions
“Although challenging global market conditions in the second quarter, further impacted by a steep decline in the price of Bitcoin and resulting decline in market valuations for publicly-traded Bitcoin...
Riot BlockChain, Inc. Earns $9.5 Million Curtailing Mining Process
Riot Blockchain is one of the largest Bitcoin Mining operatives in the Texas region. The Bitcoin miner recently earned 9.5 Million USD by curtailing its mining processes. According to a report, ...
Crypto Miner Riot Made $9.5M by Shutting Down Amid Texas Heatwave – crypto.news
Riot Blockchain, an American Bitcoin mining company, earned an estimated $9.5 million in power credits by halting mining operations at its Texas facility last month in response to a state request. Rio...
Bitcoin Miner Riot Earned $9.5M for Shutting Down During Texas Heatwave
Riot blockchain paused mining operations at its Texas facility last month upon request from the state—and was handsomely rewarded. The industrial crypto miner, according to a company statement on Wedn...
Riot Blockchain Mined 28% Less Bitcoin in July Due to Massive Heat Waves
One of the leading bitcoin mining companies – Riot Blockchain – mined 318 BTC in July – a 28% production decrease compared to June’s figures. The main reason for the crippled productivity was last mon...
Riot Blockchain Inc. Made 9.5 Million USD Curtailing The Mining Process
Riot Blockchain Inc. Made 9.5 Million USD Riot to shut down the mining process in Texas state Riot Blockchain Inc. – a leading Bitcoin miner in Texas – on shutting down their facility on a reque...
Bitcoin Miner Riot Blockchain Earned $9.5M for Curtailing Operations in Texas
Riot Blockchain reduced mining operations in Texas last month, as the state coped with surging energy demand amid a heatwave. Bitcoin mining company Riot Blockchain reportedly cut its mining operation...
Riot Blockchain Mines 318 BTCs, Decreased 28% Compared Last July
Colorado-based bitcoin mining company Riot Blockchain, Inc. announced that its bitcoin production and mining operations produced 318 BTC in July, a decrease of about 28% from 443 BTC in July last year...
Riot Blockchain Bitcoin production drops 28% YOY in July; offsets energy costs by curtailing some operations
Riot Blockchain, one of the world’s largest Bitcoin mining companies, said Aug. 3 that it mined 318 Bitcoin (BTC) in July, a decrease of around 28.21% compared to the same month in 2021 when it mined ...
Man Accused Of Assaulting Officer Brian Sicknick In Jan. 6 Riot Pleads Guilty To Misdemeanors
Topline George Tanios, one of two men indicted for attacking three Capitol Police officers at the January 6 insurrection—including Brian Sicknick, who later died—pleaded guilty Wednesday to misdemeano...
Trump Urged Senators To Delay Election Certification During Capitol Riot, Lawmakers Say
Topline Former President Donald Trump spent much of his time in the White House during the January 6 Capitol riot placing calls to senators urging them to delay the certification of the 2020 election,...
Bitcoin Price Could Fall to $13,000 as Crypto Miners Cut Costs
Text size Miners appear to be using less electricity to produce cryptocurrencies. Mark Felix/AFP via Getty Images Bitcoin miners have come under pressure from a one-two punch of rising energy costs an...
Roger Stone Discussed Security With Extremist Before Riot, Committee Says
Topline Longtime Trump ally and political advisor Roger Stone discussed security plans with an indicted member of the Oath Keepers the day before the January 6 riot, according to the House committee i...
The case for Bitcoin strengthens as Chinese bank depositors riot over frozen accounts
Social media footage shows crowds of angry people in Zhengzhou, the largest city in Henan province, protesting the freezing of accounts by some rural banks. Local media reported that the deposits held...
Riot Blockchain dumps New York, moving its miners to Texas
Bitcoin miner Riot Blockchain, among the largest in the US bitcoin mining space, is moving its miners from New York to Texas. The move comes as the Bitcoin miner looks to cut costs associated with hav...
Pussy Riot: NFTs for women’s reproductive rights
The famous Russian punk-rock art group of Pussy Riot is preparing for the launch of a new NFT collection, called Proof of Protest, to collect crypto donations for 7 US organizations that are committed...
Riot Blockchain Saw a 73% YoY Increase of BTC Production in June
One of the leading cryptocurrency mining firms – Riot Blockchain – mined 421 BTC in June this year, a considerable increase compared to the 243 BTC produced in June 2021. The company has also started ...
Bitcoin miner Riot moves hardware fleet out of New York hosting facility
Bitcoin miner Riot is moving a part of its fleet out of New York and into its new Whinstone facility in Texas, in an effort to lower operational costs. About 5,700 of the company’s rigs are curr...
Riot Blockchain announces plans to move NY miners to Lone Star State
Crypto mining firm Riot Blockchain said it has begun relocating rigs from its New York data facility, with the majority intended to end up in central Texas. In a Wednesday announcement, Riot said it h...
Nearly Half Of Americans Think Trump Should Face Criminal Charges For Capitol Riot, Poll Finds
Topline Nearly half of Americans think former president Donald Trump should face criminal charges for his role in the January 6 riot, according to a new AP-NORC poll, highlighting the likely impact of...
Bitcoin’s Next Headwind: Struggling Crypto Miners
Text size Miners spend an average of $15,000 to produce each coin, JPMorgan estimates. Dreamstime The plummeting price of Bitcoin could force crypto miners to sell the tokens to fund operations, furth...
Meadows Warned January 6 Could Be ‘Real Bad’ Days Before Riot, Aide Says
Topline White House officials privately expressed concerns about plans for a rally during the certification of election results on January 6, 2021, former White House aide Cassidy Hutchinson told the ...
Bit Digital Production Slump Continued Into Q1, Strikes Deals With Coinmint, Riot to Increase Hashrate
Bit Digital has moved to recover its hashrate in the second quarter of the year. On June 7, it signed a colocation agreement with Coinmint, leasing hashrate for at least one year. Under the deal, Bit ...
Bitcoin crash: These three metrics show how bad the carnage is, and what to expect next
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’ll walk you through what’s going on in the current bear market. As usual, find me on T...
Trump Advisor Eastman Asked For Pardon After Riot
Topline Right-wing legal scholar John Eastman, who backed former President Donald Trump’s claims of fraud in the 2020 election, was among a group that asked for pardons after rioters stormed the...
S.C. Republicans Who Blamed Trump For Capitol Riot Face Off Against His Endorsed Challengers
Topline South Carolina Republican Reps. Tom Rice and Nancy Mace, who broke from former President Donald Trump following the January 6, 2021 Capitol riot, will face steep primary opposition Tuesday fro...
Jan. 6 Capitol riot committee members are tightlipped on what to expect in this week’s hearings
Members of the Committee attend the public hearing of the U.S. House Select Committee to Investigate the January 6 Attack on the United States Capitol, on Capitol Hill in Washington, U.S., June 9, 202...
Commanders Fine Defensive Coach Del Rio $100,000 For Dismissing Jan. 6 Riot As A ‘Dustup’
Topline The Washington Commanders fined defensive coordinator Jack Del Rio $100,000 on Friday in response to comments he made this week downplaying the January 6 Capitol riot and comparing it to the 2...
Pussy Riot Crashes Texas State Capitol, Mints Commemorative Ethereum NFT
While the eyes of the Web3 world are on Consensus 2022 in Austin, Texas, protest art collective Pussy Riot has staged an attention-grabbing protest in the city—and minted the moment as an NFT. On Thur...
Ethereum close to its major upgrade, but why has it fallen more than bitcoin?
This article has been updated to correct the identification of Citadel Securities. Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m w...
These companies hopped on the crypto train when times were booming. Which are exposed in a downturn?
During recent cryptocurrency booms, companies have been quick to jump on the trend, whether by reorienting their entire businesses around the buzzy theme, building meaningful crypto features alongside...