2020-12-22 18:49 |
Riot has ordered over 31,000 machines from Bitmain this year.
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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.
2020-8-26 22:30 | |
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Riot Blockchain, a publically listed bitcoin mining farm, has boosted its overall all hash rate output by adding 1000 new S19 Pro Antminers. The addition of new mining machines is expected to increase the firm’s hash rate by 45% and take it to 357 petahashes per second.
2020-7-18 22:16 | |
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Riot Blockchain completes upgrade to Oklahoma City mining facility with the purchase of an additional 1,000 Antminer S17-Pro machines
2019-12-14 16:22 | |
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Riot’s shares surged by more than 20% fueled by optimistic evaluations from analysts who foresee substantial growth in the company’s financial performance. Anticipation surrounding Riot‘s financial performance, particularly in the wake of recent analyst predictions, has fueled significant investor interest.…
Bitcoin mining companies are facing a notable decrease in stock value in anticipation of the upcoming halving.
Bitcoin mining giants, including RIOT Platforms and Marathon Digital, experience a production decline in 2024, while CleanSpark stands out with growth. As Bitcoin‘s fourth halving approaches, Bitcoin mining giants are grappling with a decline in production as the market faces…
The recent surge in Bitcoin has significantly impacted the performance of companies associated with crypto mining and trading, most seeing double-digit gains in a month.
Riot Platforms has acquired 31,500 Bitcoin mining machines, and CleanSpark has completed the acquisition of three new facilities.
Riot Platforms, a Bitcoin mining company, reported a 19% increase in Bitcoin production for 2023, mining a total of 6,626 BTC.
According to an analysis by MinerMetrics, Marathon Digital and Riot Platforms are rated as some of the most overvalued entities in crypto mining. MinerMetrics founder and analyst Jaran Mellerud based his assertion on the enterprise value-to-sales (EV/S) ratio, a benchmark…