UPDATE: Roth Capital Starts Riot Blockchain (RIOT) at Buy
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Riot Blockchain (RIOT) Produced 466 Bitcoins in November; Provides Operational Updates
December 2, 2021 4:45 PM UTCRiot Blockchain, Inc. (NASDAQ: RIOT), an industry leader in Bitcoin (BTC) mining and hosting, announces monthly BTC production and operations updates for November 2021, including a further increase in estimated self-mining hash rate capacity for 2022, updates to the status of miner shipments and deployment, and updates on the 400 megawatts (MW) infrastructure expansion at the Companys Whinstone US, Inc., (Whinstone) facility in Rockdale, Texas (the Whinstone Facility).
Production Updates
In November 2021, Riot produced 466 BTC, an increase of approximately 298% over its November 2020 production of 117 BTC.Year to date through November 2021, the Company produced... MoreRiot Blockchain (RIOT) Acquires ESS Metron
December 1, 2021 9:23 AM UTCRiot Blockchain, Inc. (NASDAQ: RIOT) ("Riot, Riot Blockchain or the Company") today announced that it has acquired Ferrie Franzmann Industries, LLC (d/b/a ESS Metron) (ESS Metron). The total consideration payable in the transaction is valued at approximately $50 million, consisting of up to 715,413 shares of Riot common stock and $25 million in cash, funded with cash on the balance sheet.
ESS Metron is a leader with over sixty years of experience in designing and producing highly engineered electrical equipment solutions, many of which are mission-critical to successfully deploying Bitcoin mining operations at... More
