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Bitcoin Mining Industry Is at a ‘Crucible Moment,’ JPMorgan Says
11.10.2023
The bank initiates research coverage of CleanSpark (top pick), Marathon Digital, Riot Platforms and Cipher Mining
Bitcoin miners Marathon, Riot, CleanSpark increase BTC output in September
5.10.2023
Marathon Digital, in particular, produced 1,232 Bitcoin in September, which accounted for a record 4.3% share of Bitcoin miner rewards
EA Lays Off Half The Staff Behind Magical FPS Game After Low Sales
14.9.2023
On August 22, Immortals of Aveum was released on Xbox, PlayStation, and PC. Three and a half weeks later, around half of the staff who worked on the game have reportedly been laid off after it failed to sell enough copies to satisfy its publisher. It’s yet another round of layoffs to hit the game...
Crypto Firm Riot Defends Texas Power Strategy After Headlines Claim State ‘Paid’ Miner
10.9.2023
Bitcoin mining company Riot Platforms is defending its participation in Texas’ electricity market programs after recent headlines claimed the state ‘paid’ the miner over $30 million to reduce power in August. Riot Platforms Sets the Record Straight In a statement released Friday, the Nasdaq-listed...
‘I’m Bullish on Bitcoin’ — Ted Cruz Champions Bitcoin’s Boon for Texas and Power Grid Boosts
9.9.2023
Ted Cruz, the U.S. Republican senator from Texas, expressed his optimism on Friday, stating he’s “bullish on bitcoin,” after a recent interview with Forbes released on September 8. During the conversation, Cruz highlighted emerging reports indicating that bitcoin mining...
Riot Showcases Demand Response Strategy: Bitcoin Mining’s Role in Strengthening Texas Energy Grid
7.9.2023
Bitcoin mining aided the Electric Reliability Council of Texas, or ERCOT, when the bitcoin mining company Riot Platforms reduced its power usage amid a Texas summer heatwave. Riot said in its most recent production and operations update that it received $31.7 million in power and demand response...
Bitcoin Miner Riot Platforms Smart Energy Strategy Yields $31 Million in Savings
7.9.2023
Prominent Bitcoin (BTC) mining firm Riot Platforms has reported significant cost savings and operational achievements due to an innovative energy strategy that saved the firm around $31 million in August alone.
In a press release from Wednesday, CEO Jason Les announced that Riot achieved a...
Riot Platforms says Texas energy strategy reduced production costs by $31M
6.9.2023
As Texas baked in the sun, Riot Platforms received two types of monetary credit for being attentive to the grid’s power needs
Arcane Season 2 Will Reportedly Release Winter 2024
1.9.2023
The second season of Netflix’s popular League of Legends animated series, Arcane, is reportedly expected to release sometime towards the end of next year.Read more
Ben Affleck Sounds Incredibly Bummed About Valorant Nerfs
29.8.2023
Riot Games’ free-to-play tactical hero shooter Valorant nerfed a bunch of characters in its latest update, and actor Ben Affleck doesn’t sound too happy about the tweaks made to one of the game’s most goated characters.Read more
The Next Big Wave Of Video Game Layoffs Is Here [Update]
24.8.2023
Despite a booming job market overall, 2023 kicked off with the biggest tech companies laying off thousands of employees. Cuts at Microsoft hit Halo Infinite devs at 343 Industries and other game teams across the company, including at Bethesda. Months later, layoffs are continuing across other...
What are the 3 assets most correlated with Bitcoin?
23.8.2023
Bitcoin price is closely linked to several financial assets but the reasons for correlation with certain precious metals and stocks can be quite different
Twitch Star Kai Cenat Breaks Silence On Chaotic PS5 Giveaway
10.8.2023
Kai Cenat briefly went live on Twitch late on August 10 to address the gaming giveaway turned flash mob he hosted in New York City a week earlier that drew massive crowds and eventually the police, resulting in multiple injuries. “I’m beyond disappointed in anybody who became disruptive that day,”...
Riot platforms brings down its net loss in Q2
10.8.2023
Riot Platforms is a venture that is exclusively engaged in the mining activity of Bitcoin, or BTC. The Colorado-based mining venture has revealed that it was finally able to bring down the net loss in the second quarter of 2023. When compared with the second quarter of the previous year (2022),...
Bitcoin miner Riot Platforms trims Q2 loss to $27.7M
10.8.2023
The firm managed to narrow net loss in the quarter as it ramped up Bitcoin production
Bitcoin Miner Riot Posts Mixed Q2 Earnings Report, Sees Growing Consolidation in Industry
9.8.2023
Riot reported its second-quarter earnings after the close on Wednesday
Chaos: Twitch Star Kai Cenat Pulls Thousands Of Fans Into NYC Streets
4.8.2023
Twitch star Kai Cenat, who recently became the most subscribed creator on the streaming platform, asked his fans and followers to show up for a real-life giveaway in New York City. And they did, with reportedly 2,000 people arriving, leading to chaos and arrests. Read more
Destiny 2 'Assault' By Cheaters Is Ending, Bungie Says In Lawsuit
4.8.2023
A new Destiny 2 cheat maker is ruining its competitive multiplayer, and Bungie is banking on its string of recent legal victories to crush it. The Sony-owned studio filed a lawsuit against the group behind the Ring-1 software as it claims the days of players “feeling free to engage in a wholesale...
Bitcoin miners need BTC price over $98K by the halving — Analysis
4.8.2023
To avoid being in the red, publicly-listed Bitcoin mining companies will need BTC price to be at least $98,000 by the halving next year
SEC adopts cyberattack disclosure rules, listed crypto firms included
28.7.2023
Coinbase, Marathon Digital and Riot Blockchain are among the SEC-registered cryptocurrency firms that would need to comply with the rules