Tag: Riot
Texas Blockchain Council including Riot file lawsuit against US Energy Department over Bitcoin miner survey
Riot Platforms and the non-profit association, the Texas Blockchain Council (TBC), have initiated legal action against the…
Marathon vs Riot: Analyzing the true cost of mining 1 bitcoin
Bitcoin mining is the cornerstone of the crypto industry and the crypto market. At its core, the…
Riot Platforms buys $291M in BTC rigs as miners rakes in from Ordinals
Bitcoin miner Riot Platforms is buying 66,560 Bitcoin mining rigs from manufacturer MicroBT, in one of its…
Bitcoin miner Riot Platforms gears up for halving with strategic $290M hardware investment
Texas-based Bitcoin (BTC) miner Riot Platforms secured its largest-ever order of hash rate through the acquisition of…
Marathon, Riot among most overvalued Bitcoin mining stocks: Report
Bitcoin (BTC) mining heavyweights Marathon Digital and Riot Platforms are among the most overvalued crypto mining companies…
Bitcoin miners Marathon, Riot, CleanSpark increase BTC output in September
Bitcoin miners Marathon Digital, Riot Platforms, and CleanSpark recorded strong Bitcoin production increases in September, leading to…
Riot Platforms power strategy reaps $31.7M in Texas energy credits
Continuing its strategic shift aimed at mitigating losses, Riot Platforms, a prominent Bitcoin miner, continues to capitalize…
Riot Platforms says Texas energy strategy reduced production costs by $31M
Bitcoin miner Riot Platforms mined fewer Bitcoin (BTC) in August than July, but received over $31 million…
Riot spends just $8.3k to mine 1 BTC as it looks to triple production by 2025
Riot, a key player in the Bitcoin mining sector, reported overall revenue of $76.7 million in its…
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…