Bitcoin Mining Firm Riot Secures 33,000 New Rigs for $162 Million

Riot Platforms—one of the largest Bitcoin mining companies in the world—is set to boost its hashrate capacity to new heights after purchasing 33,280 mining rigs from MicroBT, a leading manufacturer of the machines needed to mine new coins.  The Application-Specific Integrated Circuit (ASIC) order adds up to $162.9 million, making it a standout purchase even […]

Can Bitcoin Miner Riot Blockchain Withstand A Crypto Bear Break? What The Chart Says

2021-12-08 13:57:00 Riot Blockchain Inc.’s (NASDAQ:RIOT) CEO Jason Les joined Benzinga Live on Dec. 1 in an exclusive interview to discuss the cryptocurrency miner’s business goals and the acquisition of ESS Metron for $50 million in cash and stock, which was announced earlier that day. “It’s another step that we’re taking to perfectly integrate our business,” […]