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Nalezeno "Riot platforms": 162

Many Bitcoin Miners Struggle to Make Profits: Cantor Fitzgerald

26.1.2024
Bitcoin mining is getting less profitable as many publicly traded miners might face potential profitability challenges following the next Bitcoin halving event. According to a recent report by Cantor Fitzgerald, 11 major mining companies, including Marathon Digital (MARA), Riot Platforms (RIOT)...

Coinbase Buckles 10% as Crypto Stocks Falter Despite Bitcoin Topping $45K

2.1.2024
The decline happened as bitcoin spiked above $45,000 during the day as traders anticipate an imminent spot BTC ETF decision in the U.S

Bitcoin Bounces Over $43K, Altcoins, Crypto Stocks Burst Higher as Fed Projects Rate Cuts Next Year

13.12.2023
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Coinbase, MicroStrategy, Marathon Stocks Buckle 5%-10% as Bitcoin Tumbles Below $42K

11.12.2023
A "flash crash" in thin trading Sunday evening, saw bitcoin's price plunge nearly 10% from the $44,000 level in the space of a few minutes

Bitcoin Miner CleanSpark Shifts to Neutral in JPMorgan’s Ratings

11.12.2023
Source: AdobeStock / Photocreo Bednarek The major Wall Street investment bank JPMorgan has adjusted its price targets and ratings for several Bitcoin mining stocks, including CleanSpark and Riot Platforms. The adjustment in ratings came in response to the recent surge in Bitcoin’s price and...

Bitcoin Miner Riot Secures 66,560 Microbt ASIC Miners to Boost Hashrate by 18 EH/s

5.12.2023
The bitcoin mining corporation Riot Platforms, a publicly traded firm within the industry, recently announced a significant expansion of its operations. The firm has completed its largest-ever acquisition of application-specific integrated circuit (ASIC) miners, securing 66,560 units...

Today in Crypto: Mining BTC For Free, Bitdeer is Preferred CSP in NVIDIA Partner Network, Gucci in The Sandbox

10.11.2023
Source: AdobeStock / Tim Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Mining news A public mining company mined bitcoin for free in Q3, according to the latest Miner Weekly report...

Riot Platforms Reports Q3 Results: Generates 1,106 Bitcoins and Raises Over $200 Million

9.11.2023
Source: AdobeStock / Photocreo Bednarek Bitcoin mining company Riot Platforms has released its financial report for the third quarter, showcasing notable improvements despite missing earnings and sales estimates. Per the report, Riot Platforms generated 1,106 Bitcoins during the quarter, marking...

Marathon, Riot among most overvalued Bitcoin mining stocks: Report

8.11.2023
Bitcoin mining analyst Jaran Mellerud said there are “better-priced opportunities” that could even out the valuation discrepancies between the mining stocks

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

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

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),...