Riot Platforms

Bitcoin miner Riot Platforms reports record $211M Q1 net income

Bitcoin miner Riot Platforms reports record $211M Q1 net income 2024-05-02 at 04:04 By Cointelegraph by Brayden Lindrea Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine. This article is an excerpt from Cointelegraph.com News View Original Source React to this […]

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Bitcoin miner Marathon increases 2024 hash rate target to 50 EH/s

Bitcoin miner Marathon increases 2024 hash rate target to 50 EH/s 2024-04-26 at 06:03 By Cointelegraph by Brayden Lindrea If Marathon reaches its 50 EH/s target, it would mark more than a 100% increase in the firm’s hash rate since the start of 2024. This article is an excerpt from Cointelegraph.com News View Original Source

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Bitcoin mining stocks saw spikes across the board ahead of halving event

Bitcoin mining stocks saw spikes across the board ahead of halving event 2024-04-20 at 07:02 By Cointelegraph by Ciaran Lyons Riot Platforms’ share price outpaced other mining firms in the last 24 hours of the trading week, coinciding with a new Texas mining facility announcement. This article is an excerpt from Cointelegraph.com News View Original

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Bitcoin miner stocks drop on ‘unsubstantiated’ post-halving profit fears: Analyst

Bitcoin miner stocks drop on ‘unsubstantiated’ post-halving profit fears: Analyst 2024-04-17 at 07:01 By Cointelegraph by Brayden Lindrea Blockware Solutions analyst Mitchell Askew says fears around post-halving Bitcoin mining profitability are baseless as crypto miner stock prices have tumbled. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Bitcoin miner CleanSpark plunges 10% after $800M share offering

Bitcoin miner CleanSpark plunges 10% after $800M share offering 2024-03-29 at 03:01 By Cointelegraph by Brayden Lindrea With a market capitalization of $4.2 billion, a $800 million stock offering would effectively dilute CLSK shares by 19%. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Riot Platforms buys $291M in BTC rigs as miners rake it in from Ordinals

Riot Platforms buys $291M in BTC rigs as miners rake it in from Ordinals 05/12/2023 at 08:02 By Cointelegraph by Brayden Lindrea It adds to a prior agreement in which Riot bought 33,280 miners from MicroBT. The term sheet was also updated, allowing Riot to buy another 265,000 miners in the future. This article is

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Coinbase, Marathon stocks surge as Bitcoin lights ‘fire in the cauldron’

Coinbase, Marathon stocks surge as Bitcoin lights ‘fire in the cauldron’ 05/12/2023 at 05:02 By Cointelegraph by Jesse Coghlan The anticipated Bitcoin halving and potential ETF approvals have lit “some serious fire in the cauldron” for crypto, said Zerocap investment chief Jon de Wet. This article is an excerpt from Cointelegraph.com News View Original Source

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Marathon, Riot among most overvalued Bitcoin mining stocks: Report

Marathon, Riot among most overvalued Bitcoin mining stocks: Report 08/11/2023 at 04:11 By Cointelegraph By Brayden Lindrea Bitcoin mining analyst Jaran Mellerud said there are “better-priced opportunities” that could even out the valuation discrepancies between the mining stocks. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Bitcoin miners Marathon, Riot, CleanSpark increase BTC output in September

Bitcoin miners Marathon, Riot, CleanSpark increase BTC output in September 05/10/2023 at 05:02 By Cointelegraph By Brayden Lindrea Marathon Digital, in particular, produced 1,242 Bitcoin in September, which accounted for a record 4.3% share of Bitcoin miner rewards. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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