Iris Energy dives into generative AI amid market challenges
Iris Energy invests $10M in NVIDIA GPUs for use in artificial intelligence related projects, as the company attempts to diversify its revenue while also upholding block reward mining.
Latest Riot Blockchain News
Oman unveils $350M block reward mining hub as it advances digitization drive
Oman is opening a digital currency mining hub as part of its plans to boost digital economy growth and push for technological advancement.
SBI Crypto sues Texas data center for deception
Riot Blockchain-owned Whinstone US allegedly lied about holding building permits and power contracts in Texas, leading SBI Crypto to lose millions of dollars.
Texas ‘crypto-rush’ causing concern in Washington
Studies show Texas could see its global 'crypto' mining power mount to 20% next year, sending worries about skyrocketing electric costs and its impact on the state's grid and the environment.
Riot Blockchain files prospectus to sell up to $500M in new stock
The filing allows it to sell the stock from time to time in an “at the market” offering to finance repayment of corporate obligations and for working capital.
Riot Blockchain buys Texas data center for $650M from rival Northern Data
Riot Blockchain has signed a definitive agreement to acquire Whinstone U.S Inc. from its rival Northern Data AG.
Riot Blockchain latest financial report showcases 2020 growth
The U.S.-based block reward miner increased its hashrate by 460% during the previous year, and more than doubled the BTC's amount held on its balance sheet in 2020 from 514 BTC to 1078 BTC.
Riot Blockchain testing new immersion cooling system
U.S.-based Riot Blockchain recently announced it would soon test a new 8-megawatt immersion cooling technology at their Texas facility.
Bitcoin Halving 2020: Publicly traded mining operations very vulnerable
Ed Drake takes a look at what will happen to the publicly traded digital transaction processing companies post BTC halving.
Riot Blockchain pump and dump lawsuit dismissed
A New Jersey judge has dismissed a lawsuit against Riot Blockchain. The plaintiffs had accused the company of making misleading statements on its investments.
BTC processors restructuring because of COVID-19
Digital currency processing firms are under financial pressure three months into 2020 amid the impact of the COVID-19 pandemic.
Riot Blockchain investor poised to win in breach of contract lawsuit
Barry C. Honig alleges that Riot Blockchain owes him indemnification for the costs incurred over the course of the legal challenge..