Texas Senate Committee Hears Testimony On Bill That Would Ban Certain Energy Arrangements With Bitcoin Miners

Pierre Rochard, VP of research at Riot Platforms testified yesterday that Bitcoin is a net positive for the state.

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Riot reports 17K miners offline due to Texas weather

The mining firm reported two of the buildings at its Whinstone facility in Rockdale were damaged in December as Texas experienced days of sub-zero temperatures.

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CryptoSlate Wrapped Daily: CZ, SBF trade jabs in Twitter feud; Bitcoin firmly in capitulation phase

The biggest news in the cryptoverse for December 9 includes a Twitter sparring between  Binance CEO Changpeng Zhao and former FTX CEO Sam Bankman-Fried, and Hut8, Riot, and Marathon are emerging as the only public miners that increased their BTC holdings in November.

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What Did US Lawmakers Ask Miners Core Scientific, Riot, Marathon & Stronghold?

The four biggest US-based mining operations – Core Scientific, Marathon Digital Holdings, Riot Blockchain, and Stronghold Digital Mining – got a letter from the House Committee On Energy and Commerce.

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House Lawmakers Send Letters to 4 US Crypto Miners Asking for Details on Environmental Impact

Core Scientific, Riot Blockchain, Marathon Digital and Stronghold Digital received the letters from members of the Committee on Energy and Commerce.

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Riot Blockchain dumps New York, moving its miners to Texas

Bitcoin miner Riot Blockchain, among the largest in the US bitcoin mining space, is moving its miners from New York to Texas. The move comes as the Bitcoin miner looks to cut costs associated with having its mining rigs hosted at a third party site, Riot said in an update.

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Coming to Texas: Riot Blockchain announces plans to move NY miners to Lone Star State

Moving rigs from New York to Texas was part of Riot's effort to reduce the firm’s operating expenses through lower power costs and eliminate “all third-party hosting fees.”

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Riot Blockchain Starts Move Away From New York Hosting Site

The company continued to sell its bitcoin, along with other bitcoin miners feeling the squeeze of the bear market.

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Bitcoin Miner Riot Blockchain Buys Electrical Supplier ESS Metron For $50 Million

The electrical equipment provider is key to Riot’s bitcoin mining operations and will enable timely installation of miners after the transaction.

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The World’s Largest Asset Manager Discloses Holding A Stake in Two Bitcoin Miners

The world's largest asset manager with $9 trillion in assets, BlackRock has taken significant stakes in two Bitcoin miners, according to the SEC filing dated June 30, 2021. The firm has committed roughly $383 million divided between publicly-listed Marathon Digital Holdings and Riot Blockchain.

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$30 Billion State-Managed Pension Fund Invests in Publicly Traded Bitcoin Miners

New Jersey’s pension fund has gained indirect exposure to Bitcoin and cryptocurrencies by investing in their mining companies. The pension fund with $30 billion in total assets of its state employees took stakes in two of the biggest names, Riot Blockchain and Marathon Digital Holdings.

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Bitcoin Mining Company Riot Blockchain Purchases 42,000 Bitmain Miners

Nasdaq-Listed Riot Blockchain has announced $138 million purchase of S19j Antminers

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Riot Blockchain Purchases 15,000 Miners, Expanding Total Hash Rate

Riot announced that they’ve purchased 3,000 S19 Pro Antminers and 12,000 S19j Pro Antminers for $35 million from Bitmain. These versions are some of the highest hash-producing mining hardware available on the market, producing 110 terahashes (TH) and 100 TH, respectively.

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Riot Blockchain Targets 2.3 EH/s Hashrate by June 2021; Acquires an Additional 2,500 Bitmain S19 Pro Miners

Riot Blockchain announced on Oct 6 that it would be expanding its S19 Pro Antminer fleet following a recent purchase of 2500 units from Bitmain. The firm also highlighted progress in previous S19 Pro miners' orders [1,000 in April, 1,040 in May, 1,000 in July, and 8,000 in August] and an update on their deployment.

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Riot Blockchain Adds to Mining Fleet With $6M Bitmain Purchase

North American cryptocurrency mining company Riot Blockchain has announced the purchase of 2,500 next-generation S19 Pro Antminer crypto miners for $6. 1 million from Bitmain. According to a press release, the company’s goal is to expand and upgrade its mining operations by securing the most energy-efficient miners on the market.

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Riot Blockchain Buys 8,000 of Bitmain’s Latest Bitcoin Miners, Company Targets 1.5 EH/s by 2021

Bitmain Technologies Inc. said Monday that Nasdaq-listed Riot Blockchain is buying 8,000 of its Antminer S19 Pro bitcoin miners in a deal worth $17. 7 million. In a blog post, the Chinese crypto mining hardware maker stated that the machines will be delivered in batches of 2,000 over four straight months starting January 2021.

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Miner hash rates for Bitcoin miners have increased

Riot Blockchain reported a 250% increase in hash rate per second compared to 2019,...

The post Miner hash rates for Bitcoin miners have increased appeared first on Coin Journal.

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Cryptocurrency mining firm posts massive $58M loss

Bitcoin and other cryptocurrencies might have had a good week so far, but it’s not quite enough to make up for this Nasdaq-listed cryptocurrency mining firm‘s 2018 losses. In its 2018 financial report, released yesterday, cryptocurrency mining firm Riot Blockchain posted a $58 million loss.

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