Tag: riot
Bitcoin Miners HUT, MARA, RIOT Rally as BTC Retakes $27K
At press time, bitcoin was holding at $27,300, up 3.1% over the past 24 hours. Coming later this week is a rate-setting meeting for the U.S. Federal R [...]
Riot Platforms says Texas energy strategy reduced production costs by $31M
Bitcoin miner Riot Platforms mined fewer Bitcoin in August than July but received over $31 million in power credits. That is the equivalent of around [...]
Bitcoin Price (BTC) Jumps on Grayscale Ruling; GBTC, Coinbase (COIN), Marathon (MARA), Riot (RIOT) Soar
Among publicly-traded crypto names moving higher are Coinbase (COIN), up 13% and MicroStrategy (MSTR), up 9%. The thoroughly roughed-up miners are pos [...]
Crypto Miners Such as HIVE, RIOT Are Looking to Diversify Into Artificial Intelligence (AI): JPMorgan
Bitcoin (BTC) miners are moving into new business areas, including offering high performance computing (HPC) services to the fast growing artificial i [...]
Bitcoin miner Riot Platforms trims Q2 loss to $27.7M
Colorado-based Bitcoin mining firm Riot Platforms narrowed its second quarter net loss to $27.7 million as it ramped up its Bitcoin production and rea [...]
Bitcoin Miner Riot Posts Mixed Q2 Earnings Report, Sees Growing Consolidation in Industry in 2023
“Riot’s core business is Bitcoin mining, and the scale of our vertically integrated operations and financial strength allowed us to execute on our pow [...]
RIOT, MARA,HUT Are Among BTC Miners Likely to Benefit From a Growing Hashrate, Bitcoin Halving: Bernstein
Four – Riot (RIOT), Marathon Digital (MARA), Hut 8 (HUT) and Hive Digital (HIVE) – hold bitcoin on their balance sheet. This allows these firms to wai [...]
Riot Platforms at Center of Texas Debate Over Bitcoin Mining’s Effect on the Grid
When energy demand and prices spike, the cost of the energy outweighs the price of Riot staying in operation, so “they're going to shut down anyway,” [...]
BTC Miners Such as MARA, RIOT, HUT Are Playing a Survival Game, Mulling AI: Bernstein
The resurgence has been driven by two main factors, the report said. First, strong bitcoin price action due to improving sentiment resulting from Blac [...]
Man Accused in Jan. 6 Riot Is Arrested With Weapons Near Obama’s Home
A man accused of involvement in the Jan. 6, 2021, riot at the Capitol was arrested Thursday afternoon near the Washington home of former President Bar [...]
Riot Platforms to add 33,000 Bitcoin miners ahead of 2024 halving
Riot Platforms (RIOT) — one of the world's major Bitcoin (BTC) mining companies — has bought 33,280 “next-generation” Bitcoin miners to add to its Tex [...]
Bitcoin (BTC) Miner Riot Platform Sues Peer Rhodium Enterprises for Alleged $26M in Unpaid Fees
Riot claims that Rhodium "deliberately miscalculated" how much in hosting fees it had to pay for Riot's hosting services. The two were supposed to sha [...]
Former F.B.I. Agent Charged in Jan. 6 Riot
WASHINGTON — Federal prosecutors have charged a former F.B.I. agent with illegally entering the Capitol during the Jan. 6 riot and said he had called [...]
Riot Platforms (RIOT), Marathon Digital (MARA) Could Face Hefty U.S. Crypto Mining Tax
“Currently, cryptomining firms do not have to pay for the full cost they impose on others, in the form of local environmental pollution, higher energy [...]
Riot Platforms and Marathon Digital Lead Crypto Stock Gains as Bitcoin Price Settles in Above $30K
Bitcoin pulled out a tight range around the $28,000 level on Monday afternoon and then pushed through $30,000 for the first time since June 10, 2022 l [...]