Why Bitcoin Miner Giant Riot Will Increases Its Capabilities By 1 GigaWatt
Leading Bitcoin mining company Riot Blockchain announced its plans to expand its operations, via a press release. The expansion will allow the public company to increase its mining and hosting capabilities in different stages in the Navarro Country, Texas, the United States. Related Reading | Bitcoin Trading Volume Continues To Remain At Unusually Low Values The […]
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The publicly listed bitcoin miner Riot Blockchain has announced the company has started development on a 1 gigawatt (GW) bitcoin mining facility in Navarro County, Texas. The development of 400 megawatts (MW) of capacity has been initiated on the 265-acre site and the team hopes to have bitcoin mining and hosting capabilities online by next year.
Riot Is Developing a 1 GW Bitcoin Mining Data Center — Company Plans for 400 MW of Capacity to Be Online by July 2023
Riot Blockchain (NASDAQ: RIOT) is expanding operations in Texas as it is currently developing a 1 GW mining....
Riot Blockchain will begin developing a 1 GW facility in Navarro County, Texas expected to create 270 jobs and drive economic growth during its first phase.
The Bitcoin mining giant appoints a new director with a stellar institutional background as stock prices surge. Last week, as share prices ripped upwards of 50% to levels not seen since the 2018 cryptocurrency bullrun, Riot Blockchain (NASDAQ: RIOT) appointed former director of the listing committee for the Toronto Stock Exchange, Hubert Marleau, to the Riot board of directors. The Colorado-based firm was in the market for a new director after the departure of former Canadian Cabinet member Remo Mancini. Marleau brings a wide range of regulatory and governing experience to Riot, having....
China’s recent crackdowns on Bitcoin will boost profitability for US miners like MARA and RIOT, according to B. Riley analyst Lucas Pipes. China’s Bitcoin Ban To Benefit MARA And RIOT Pipes has raised price targets and estimates for both Marathon Digital (MARA) and Riot Blockchain (RIOT) amid the ongoing crackdowns in China. The analyst says: […]
The $650 million deal sees Riot Blockchain acquiring a major data center owned by Northern Data AG, one of its competitors. Riot Blockchain is continuing its Bitcoin (BTC) mining expansion efforts. Reports suggest that the U.S.-based miner is set to purchase Whinstone US Inc, currently owned by Northern Data.The planned purchase was announced via a press release by Riot Blockchain on Thursday, with the U.S. Bitcoin miner paying $80 million in cash. The remainder will come from the sale of about 12% of its stock to Northern DAG.Whinstone reportedly operates the single largest Bitcoin mining....