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Capturing Petahash: Marathon Obtains 3,300 Bitcoin Mining Rigs, Acquires Fastblock for $22 Million
27.8.2020
The Nasdaq-listed cryptocurrency mining company, Marathon Patent Group, has announced it will be purchasing Fastblock Mining in an all stock transaction. The firm’s letter of intent revealed Marathon will acquire Fastblock for around $22 million. The company will obtain 3,304 ASIC bitcoin...
Riot Blockchain buys 5,100 S19 Pro Antminers, aims for 1.66% of hashrate
27.8.2020
Riot Blockchain has purchased a further 5,100 Antminer S19 Pros, with the firm targeting an operational hashrate of 2 exahashes per second by June 2021
Riot Blockchain Buys 8,000 of Bitmain’s Latest Bitcoin Miners, Company Targets 1.5 EH/s by 2021
25.8.2020
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...
Bitmain inks $18M Bitcoin mining rig sale with Riot Blockchain
25.8.2020
The giant continues to give a boost to its prime product despite recent shipments issues
Riot Blockchain Supercharges Mining Ops With 8,000 More Bitmain Rigs as Bitcoin Price Soars
19.8.2020
Company executives say Riot Blockchain is on track to become cash flow positive later this year
Nasdaq-Listed Firm Marathon Buys 10,500 Next-Gen Bitcoin Miners for $23M
15.8.2020
One of the earliest Nasdaq-listed cryptocurrency mining companies, Marathon Patent Group, announced a new agreement contract with the ASIC mining manufacturer Bitmain. According to the public company, Marathon has agreed to purchase 10,500 next-generation Antminer S-19 Pro models for $23 million....
Riot Blockchain Mined 227 Bitcoin in Q2
11.8.2020
Riot reported a current mining capacity of 556 petahash per second
Riot Blockchain Mined 508 Bitcoin in Q2
11.8.2020
Riot reported a current mining capacity of 556 petahash per second
Mining Stocks Are Beating Bitcoin in a Bullish Cryptocurrency Market
10.8.2020
Riot and Marathon have rallied 97% and 128% over the past year while Bitcoin as gained 3 percent
Riot Blockchain Ends Week Up 29%, Hits 2020 High Ahead of Q2 Earnings Report
7.8.2020
The company has gained 70% so far in Q3
Riot Blockchain Boosts Its Hash Rate By 45% With 1,000 New Antminers
17.7.2020
Riot Blockchain is deploying its first tranche of 1,000 Antminers S19 Pros and expects its hash rate to tag 357 petahashes per second
Stock in Crypto Mining Firms Riot and Hive Massively Outperforms Bitcoin
3.7.2020
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%
Bitcoin Miner Riot Blockchain Racks Up $221 Million Deficit
13.5.2020
Despite increasing revenue, Riot Blockchain’s first-quarter financials reveal that the company has relied on equity and debt financing to fund its operations
Riot Blockchain’s Bitcoin Mining Revenues in Q1 Rise 70% Year-on-Year
12.5.2020
Biotech firm-turned-Bitcoin miner Riot Blockchain disclosed strong results for Q1 2020 in its latest quarterly report filed with the U.S. Securities and Exchange Commission
US Court Dismisses Lawsuit Over Riot Blockchain’s Crypto Pivot
4.5.2020
A U.S. judge has dismissed a lawsuit alleging the firm changed its name to include "blockchain" in 2017 to boost its share price
Bitcoin Miner Braves Pandemic Amid Partial Relocation to New York
17.4.2020
Riot Blockchain has entered into a "co-location mining services contract" to share Coinmint’s data center amid low crypto prices
Bitcoin Miners Reveal Concerns Over Mining Rig Shipment Delays and Bitcoin Halving
15.4.2020
The cryptocurrency market rout in mid-March, which saw bitcoin’s price slide significantly in value, has strained bitcoin mining operations by slashing considerable revenue from the block rewards. Moreover, shipping delays from mining manufacturers have caused uncertainty and mining...
Riot Blockchain Moves Part of Bitcoin Mining Operation to Upstate New York
15.4.2020
Bitcoin miner Riot Blockchain has sent a portion of its newly acquired S17 Pro Antminers from an Oklahoma facility to upstate New York, tapping excess power in a colocation deal with Coinmint
Investor Sues Crypto Mining Firm Riot Blockchain to Pay $728K in Legal Fees
7.4.2020
An investor sued cryptocurrency mining firm Riot Blockchain for $728,200 incurred in a separate contract breach lawsuit
Riot Blockchain Cites COVID-19 Disruption Risks on SEC Form 10-K
30.3.2020
Riot Blockchain says that COVID-19 will affect its cryptocurrency mining business in its annual report to the SEC