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Russian punk rock collective Pussy Riot is planning to launch a DAO for LBTQ+ and women artists.As the group’s co-founder Nadya Tolokonnikova told Cryptox, the DAO will be working on reducing the gender inequality that still marks the nonfungible token (NFT) space and, more broadly, the crypto industry. Despite the
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One of the largest bitcoin miners, Riot Blockchain (RIOT), raised its 2022 guidance for its mining power to 9.0 exahash per second (EH/s) from the previous forecast of 8.6 EH/s, marking the second increase to its 2022 guidance within a month.Riot attributed the increase to the purchase of 3,000 of
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Riot Blockchain (RIOT), one of the world’s largest bitcoin mining companies, is buying electrical equipment provider ESS Metron for $50 million, consisting of up to 715,41 Riot shares and $25 million in cash, according to a press release.Denver-based ESS Metron is a key supplier to Riot’s Whinstone, Texas, facility and
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The bitcoin miner reported a net loss in the quarter of 16 cents per share, while analysts were expecting a gain of 35 cents per share. Nov 16, 2021 at 2:11 p.m. UTCUpdated Nov 16, 2021 at 2:16 p.m. UTCA close-up of one of Riot's mining rigs (Riot Blockchain) Original
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Riot Blockchain and Hive Blockchain surged Tuesday, outperforming crypto mining peers at a time when bitcoin and ether, the native token for Ethereum, are near all-time highs.Shares of Riot climbed more than 6% as of 10:20 a.m. ET (19:00 UTC), while other bitcoin miners were mostly little changed as the
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The Castle Rock, Colorado based miner cited a recently completed $54 million purchase order for 9,000 S19j Pro miners with Bitmain for the increase in its forecast. The mining computers are expected to be delivered and deployed from May through October 2022. Original Source
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U.S.-based publicly listed mining firm Riot Blockchain has revealed that its year-to-date Bitcoin production has more than tripled compared to 2020.According to a Oct. 6 announcement, Riot has mined 2,457 BTC (roughly $135 million) during 2021 so far — a 246% increase compared to the same period of the previous
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China renewed its crackdown on cryptocurrency trading and mining in the second quarter amid pilot testing of digital yuan. However, according to China journalist Colin Wu, the latest central bank statement is quite detailed and mentions tether (USDT) as illegal for the first time. Tether, the largest stablecoin per market
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Also in the cohort is the reporter Matt Leising, who recently left Bloomberg after a 17-year tenure. His project, Tinsel DAO, will hunt for “crypto-based” intellectual property to turn into movies and TV shows. On Twitter, Leising said the venture is part of a new company called Decential Media. Original Source
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Major publicly-listed Bitcoin mining firm, Riot Blockchain, has reported record revenues for Q2 2021.In its Aug. 23 quarterly financial report, the U.S.-based firm reported $31.5 million in mining-related revenues for the three-month period — up roughly 1,540% from its Q2 2020 revenue of $1.9 million.The surging mining revenues drove a
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