Tagged: riot blockchain

Shares of Bitcoin Mining Firm Marathon Patent Group Surged 20% on Wednesday, Company Joins Billion-Dollar Crypto Mining Group

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

Bitcoin (BTC) and Ethereum (ETH) Mining Firm Riot Blockchain Stock has Surged Nearly 1,500% During 2020

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

Bitcoin Mining Hardware Maker Bitmain Closes another Antminer Deal with Riot Blockchain, 20,000+ Miners Sold by Bitmain to Riot in a Year

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

Riot Blockchain, a US-based Cryptocurrency Mining Firm, Plans to Almost Double its Hashrate Following Bitcoin (BTC) Halving

  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 Reports $58 Million USD Loss, Needs Capital to Push On

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

“Riot Blockchain” Associate Settles Microcap Fraud Case with SEC

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 Restructures as Chairman & CEO John O’Rourke Departs Under Allegations of Microcap Fraud

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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