Shares of digital currency mining firm Marathon Patent Group (NASDAQ: MARA) surged approximately 20% on Wednesday (January 6, 2021). This led to the firm becoming the latest member of the $1 billion digital-mining group, as the Bitcoin (BTC) price surpassed the $37,000 mark to hit… Read More
As the Bitcoin (BTC) price continues to set new all-time highs (now approaching nearly $30,000), Riot Blockchain’s (NASDAQ:RIOT) stock surged almost 1,500% in 2020. There were very few assets in 2020 that outperformed Bitcoin, however, the shares of Riot have been rising along with Ethereum… Read More
Bitmain, a leading manufacturer of cryptocurrency mining hardware, has sold 5,100 Antminers to Riot Blockchain (NASDAQ: RIOT). Bitmain had also finalized the sale of 8,000 additional Antminers (in September 2020) to Riot Blockchain, which is a Nasdaq-listed digital currency mining company. According to a release,… Read More
US-headquartered cryptocurrency mining firm, Riot Blockchain (NASDAQ: RIOT), recently revealed that it has more than doubled the number of high-end Bitcoin (BTC) miners it operates – which should roughly double its hashrate (amount of computing power) at around the time of the BTC halving…. Read More
Riot Blockchain (NASDAQ: RIOT), a company formed in the fall of 2017 when directors decided to shut down endeavours at BiOptix Diagnostics Inc. and pivot into cryptocurrency mining and investing, has reported a net loss of $58 million in 2018. Riot Blockchain managed to generate… Read More
Dr. Philip Frost, a biotech billionaire accused of “fleecing investors…(in) lucrative market manipulation schemes” has agreed to pay $5.5 million in penalties to the American Securities and Exchange Commission (SEC), CNBC reports. Frost is a business associate of Barry Honig, the accused ringleader int he alleged… Read More
Riot Blockchain (NASDAQ: RIOT), a crypto company that engages in mining, development of exchange and mining pool platforms, and other investments within the sector, has announced a restructuring following the departure of CEO and Chairman John O’Rourke. O’Rourke departed the firm following an enforcement action by the… Read More
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