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Bitcoin miner TeraWulf is open to merger but not for ‘empire building’
8.7.2024
Expanding the number of Bitcoin machines or facilities “makes no sense” if profitability margins don’t increase, TeraWulf’s Kerri Langlais stressed
Bitcoin miner Riot Platforms hash rate booms 50% in June
4.7.2024
Riot’s hash rate of 22 EH/s surpassed CleanSpark and Core Scientific and now only trails Marathon Digital’s 31.5 EH/s
Bitfarms mined 21% more Bitcoin in June amid Riot takeover attempts
2.7.2024
Bitfarms increased its online hashrate to 10.4 exahashes per second in June, marking a 39% month-on-month increase
Bitfarms adds board member to deter Riot Platforms takeover
28.6.2024
Despite initially planning to buy all Bitfarms’ shares at $2.30 per share, Riot withdrew the offer, stating that cooperating with Bitfarms’ current board was difficult
Riot seeks three Bitfarms board members, says it holds 14.9% stake
24.6.2024
The mining firm said it intended to replace Bitfarms board members — including its interim CEO — with three people “completely independent” of both companies
Bitcoin Miner Riot Platforms Ditches Bitfarms Takeover Bid, Seeks to Overhaul Board
24.6.2024
Riot is Bitfarms' largest shareholder, owning 14.9% of the firm
Gamers Are Reeling From Erdtree's Difficulty, The Switch Is Going Out Strong, And More Of The Week's Takes
23.6.2024
This past week gave us no shortage of things to talk about, from just how strong the final year of the Nintendo Switch is looking to just how absurd the latest Acolyte controversy is. We’ve also got a hands-on with the gorgeous Dragon Quest 3 remake and impressions of the great mafia-themed...
With Arcane Ending, Valorant Deserves The Adaptation Treatment
21.6.2024
This November, Netflix and Riot Games will release the second (and final) season of Arcane. The critically acclaimed animated series set in the world of League of Legends has been a massive success for Riot, and fans are already hoping for more adaptations in the aftermath of Arcane’s end. The rest...
This One Feature Makes Valorant Great On Console
17.6.2024
Ever since Valorant began its console beta on June 14 I haven’t been able to put the game down. I’m not new to Riot Games’ tactical hero shooter, but the console version has reignited my love for it, and it has to do with the port’s headlining new feature: Focus Mode.Read more
Crypto Biz: Riot Platforms and Bitfarms dispute escalates
14.6.2024
This week’s Crypto Biz explores the corporate battle between Riot Platforms and Bitfarms, Tether’s $1 billion budget for startups, Ripple Labs’ new custodian deal, and more
Bitfarms expands into Pennsylvania amid Riot’s growing stake
14.6.2024
Bitfarms announces U.S. expansion in Pennsylvania, while Riot Platforms increases its ownership stake in the company to 14%
Bitfarms deploys “Poison Pill” to block Riot Platforms takeover
13.6.2024
The Chief Executive Officer of Riot Platforms, Jason Les, has criticized Bitfarms’ move to block share purchases. Bitfarms has said it is potentially a hostile takeover, while Riot has defended its move by saying that its poison pill plan falls outside the traditional business norms....
Bitfarms pushes back against Riot’s $950M takeover attempt
13.6.2024
Riot's $950 million buyout offer is met with resistance as Bitfarms’ stakeholders and special committee deem it undervalued and not in shareholders’ best interests
Bitcoin miners rise 10% after Trump promises to back US miners
13.6.2024
The biggest winners on June 12 were TeraWulf, Hut 8 Mining and Core Scientific
Trump vs Biden: Riot’s Morgenstern Highlights Stark Contrast in Crypto Policies
13.6.2024
Brian Morgenstern of Riot Platforms shared his insights on the 2024 election’s impact on bitcoin and the crypto industry, praising former U.S. President Donald Trump’s pro-bitcoin stance and criticizing President Joe Biden’s regulatory measures. Trump promised to protect...
Riot acquires 13% Bitfarms stake as CEO decries ‘poison pill‘ strategy
12.6.2024
Bitfarms’ stock price on the Nasdaq has increased more than 56% in the last 30 days amid Riot Platforms’ attempt at a takeover
Arcane Season 2 Will Be Its Last, But Riot Still Has More Stories To Tell
12.6.2024
On June 11, Netflix released the first trailer for the eagerly anticipated second season of Arcane (crowd cheers). The trailer announced that it would mark the finale of the animated series adaptation of Riot’s League of Legends (crowd boos). But wait, it might not be the end of Riot’s adaptations...
Trump hosts Bitcoin mining executives at Florida residence
12.6.2024
Executives from the U.S. Bitcoin mining industry pitched the presidential candidate on how they could strengthen the electrical grid and create new jobs
Bitfarms adopts shareholder rights plan as Riot attempts takeover
10.6.2024
The plan, which passed after Bitfarms’ shareholder meeting, will complicate Riot’s effort but not necessarily stop it from succeeding
Bitfarms Adopts Defensive Measures Against Riot Platforms’ Takeover
10.6.2024
Bitfarms Ltd. has adopted a shareholder rights plan to protect the integrity of its ongoing Strategic Alternatives Review Process. This plan was unanimously approved by the Board and involves issuing rights to shareholders to prevent unwanted takeovers. Riot Platforms Inc., which owns 11.62%...