Riot Platforms, a major player in the Bitcoin mining industry, recently made a significant announcement. The company sold over 11.1 million shares …
Riot
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Two of the largest U.S. Bitcoin mining giants took contrasting approaches to capital raising in Q2, with MARA ramping up equity issuance …
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Mining
Bitcoin Miner MARA Holdings Upgraded to Overweight at JPMorgan; IREN and Riot Cut to Neutral
by shayaanby shayaanWall Street bank JPMorgan reshuffled ratings and price targets on a group of bitcoin miners to begin the week. Updating estimates for …
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Mining
Riot Platform’s Power Strategy Boosts Credits Amid Production Decline
by shayaanby shayaanIn June, Riot Platforms mined 450 bitcoin, a 12% decrease from May’s 514 BTC, with daily production averaging 15 BTC compared to …
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Mining
Crypto Mining Company Riot Platforms Announces Its Latest Bitcoin Sales Amount! Here Are the Figures in the Mining Industry
by shayaanby shayaanThere were significant developments in the crypto mining sector throughout May. From the US to Russia, strategic moves and new hardware launches …
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Bitcoin BTC$109,156.97 miner Riot Platforms (RIOT) said it sold 1.75 million shares of rival Bitfarms (BITF) for about $1.58 million as part …
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Mining
Riot Hires Data Center Chief as Bitcoin Miner Ramps Up HPC and AI Hosting Plans
by shayaanby shayaanRiot Platforms (NASDAQ: RIOT) has appointed Jonathan Gibbs as its new Chief Data Center Officer (CDCO) as the company pushes deeper into …
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In May, bitcoin miner Riot Platforms produced 514 bitcoins, marking an 11% increase from the 463 mined in April and more than …
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Mining
Riot Platforms Boosts Bitcoin Output to 514 BTC as Hashrate and Expansion Plans Ramp Higher
by shayaanby shayaanBitcoin miner Riot Platforms (RIOT) reported on Tuesday strong production growth in May, mining 514 BTC — an 11% increase from April …
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Mining
Riot Platforms Taps Data Center Veteran to Expand Beyond Bitcoin Mining
by shayaanby shayaanRiot Platforms (RIOT) has hired industry veteran Jonathan Gibbs as its Chief Data Center Officer, marking a strategic move by the bitcoin …