Castle Rock, Colorado

Riot to Constitute Advisory Board; Will Feature Former ERCOT Interim-CEO Brad Jones

Retrieved on: 
Tuesday, May 23, 2023

Riot’s first Advisory Board member will be Brad Jones, the former Interim President and CEO of the Energy Reliability Council of Texas (“ERCOT”), which manages ninety percent of the state’s power supply, monitoring over 50,000 miles of transmission lines and over 1,100 power generation units.

Key Points: 
  • Riot’s first Advisory Board member will be Brad Jones, the former Interim President and CEO of the Energy Reliability Council of Texas (“ERCOT”), which manages ninety percent of the state’s power supply, monitoring over 50,000 miles of transmission lines and over 1,100 power generation units.
  • “We are honored to welcome Brad Jones to the Riot Platforms team,” said Jason Les, CEO of Riot.
  • “Riot and Bitcoin mining provide tremendous benefits to the ERCOT grid.
  • During his eighteen months leading ERCOT, grid reliability dramatically improved, with ERCOT successfully completing nearly sixty major initiatives.

ConnectWise Announces the Companies Selected for the PitchIT class of 2023

Retrieved on: 
Thursday, May 11, 2023

TAMPA, Fla., May 11, 2023 (GLOBE NEWSWIRE) -- ConnectWise , the world’s leading software company dedicated to the success of IT solution providers, is pleased to announce the companies who’ve been selected to participate in the PitchIT 2023 program .

Key Points: 
  • TAMPA, Fla., May 11, 2023 (GLOBE NEWSWIRE) -- ConnectWise , the world’s leading software company dedicated to the success of IT solution providers, is pleased to announce the companies who’ve been selected to participate in the PitchIT 2023 program .
  • Created by ConnectWise in 2018, PitchIT is a competition specifically for innovators to showcase a potential offering that could be built or integrated into the ConnectWise platform.
  • The finalists will be selected from this group to present their solutions on the center stage at IT Nation Connect on November 8-10, 2023.
  • With the most diverse group of products and services yet, ConnectWise is committed to helping technology solution providers everywhere, making them more efficient, profitable, and secure.”

Riot Announces April 2023 Production and Operations Updates

Retrieved on: 
Wednesday, May 3, 2023

Castle Rock, CO, May 03, 2023 (GLOBE NEWSWIRE) -- CASTLE ROCK, CO. / Globe Newswire / May 3, 2023 / Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in Bitcoin (“BTC”) mining and data center hosting, announces unaudited production and operations updates for April 2023.

Key Points: 
  • Castle Rock, CO, May 03, 2023 (GLOBE NEWSWIRE) -- CASTLE ROCK, CO. / Globe Newswire / May 3, 2023 / Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in Bitcoin (“BTC”) mining and data center hosting, announces unaudited production and operations updates for April 2023.
  • Riot produced 639 BTC, an increase of approximately 26% as compared to April 2022 production of 508 BTC.
  • Riot held approximately 7,112 BTC as of April 30, 2023, all produced by the Company’s self-mining operations.
  • “Riot produced 639 Bitcoin in the month of April, continuing our strong monthly mining results in 2023 amidst a competitive Bitcoin mining environment, thanks to the dedication and hard work of our teams,” said Jason Les, CEO of Riot.

Riot Platforms, Inc. Statement: The New York Times’ Politically Driven Attack On Bitcoin Mining Is Full of Distortions & Outright Falsehoods

Retrieved on: 
Monday, April 10, 2023

Bitcoin mining operations are also providing jobs, tax revenues, and many other benefits to rural communities, including grid stability and incentives for alternative energy production.

Key Points: 
  • Bitcoin mining operations are also providing jobs, tax revenues, and many other benefits to rural communities, including grid stability and incentives for alternative energy production.
  • Our data center uses electricity from the Texas grid, which is the cleanest and most renewable energy-sourced grid in the United States.
  • We also proudly participate in various programs that help to stabilize the electric grid and actually reduce power prices, despite what critics incorrectly assume.
  • NYT Distortion: The NYT compares electricity usage of Bitcoin mining data centers to peoples’ homes.

Riot Announces March 2023 Production and Operations Updates

Retrieved on: 
Wednesday, April 5, 2023

Castle Rock, CO, April 05, 2023 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in Bitcoin (“BTC”) mining and data center hosting, announces unaudited production and operations updates for March 2023.

Key Points: 
  • Castle Rock, CO, April 05, 2023 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in Bitcoin (“BTC”) mining and data center hosting, announces unaudited production and operations updates for March 2023.
  • Riot produced 695 BTC, an increase of approximately 36% as compared to March 2022 production of 511 BTC.
  • Riot held approximately 7,072 BTC as of March 31, 2023, all produced by the Company’s self-mining operations.
  • “Riot is proud to announce another strong month of production, mining 695 Bitcoin in the month of March,” said Jason Les, CEO of Riot.

Riot Announces February 2023 Production and Operations Updates

Retrieved on: 
Friday, March 3, 2023

Castle Rock, CO, March 03, 2023 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in Bitcoin (“BTC”) mining and data center hosting, announces unaudited production and operations updates for February 2023.

Key Points: 
  • Castle Rock, CO, March 03, 2023 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in Bitcoin (“BTC”) mining and data center hosting, announces unaudited production and operations updates for February 2023.
  • Riot produced 675 BTC, an increase of approximately 55% as compared to February 2022 production of 436 BTC.
  • Riot held approximately 7,058 BTC as of February 28, 2023, all produced by the Company’s self-mining operations.
  • The Company is pleased to announce the hiring of Robert Wilberger as Head of Operations at ESS Metron, a wholly owned subsidiary of Riot.

Riot Blockchain Announces June 2022 Production and Operations Updates

Retrieved on: 
Wednesday, July 6, 2022

Castle Rock, CO, July 06, 2022 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) (Riot, Riot Blockchain or the Company), an industry leader in Bitcoin (BTC) mining and hosting, announces production and operations update for June 2022.

Key Points: 
  • Castle Rock, CO, July 06, 2022 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) (Riot, Riot Blockchain or the Company), an industry leader in Bitcoin (BTC) mining and hosting, announces production and operations update for June 2022.
  • In June 2022, Riot produced 421 BTC, an increase of approximately 73%, as compared to June 2021 production of 243 BTC.
  • As of June 30, 2022, Riot held approximately 6,654 BTC, all produced by the Companys self-mining operations.
  • In June 2022, Riot sold 300 Bitcoin, generating net proceeds of approximately $6.2 million.

Riot Blockchain Announces May 2022 Production and Operations Updates

Retrieved on: 
Thursday, June 2, 2022

Castle Rock, CO, June 02, 2022 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) (Riot, Riot Blockchain or the Company), an industry leader in Bitcoin (BTC) mining and hosting, announces production and operations update for May 2022.

Key Points: 
  • Castle Rock, CO, June 02, 2022 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) (Riot, Riot Blockchain or the Company), an industry leader in Bitcoin (BTC) mining and hosting, announces production and operations update for May 2022.
  • In May 2022, Riot produced 466 BTC, an increase of approximately 104%, as compared to May 2021 production of 228 BTC.
  • As of May 31, 2022, Riot held approximately 6,536 BTC, all produced by the Companys self-mining operations.
  • In May 2022, Riot sold 250 Bitcoin generating net proceeds of approximately $7.5 million.

Riot Blockchain Announces CFO Transition Plan

Retrieved on: 
Wednesday, June 1, 2022

Castle Rock, CO, June 01, 2022 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) (Riot, Riot Blockchain or the Company), an industry leader in Bitcoin (BTC) mining and hosting, today announced that, after a twenty year tenure with the Company, Jeff McGonegal will retire from his position as Chief Financial Officer (CFO) and move into a new role as Senior Advisor to Riot as of August 15th, 2022.

Key Points: 
  • Castle Rock, CO, June 01, 2022 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) (Riot, Riot Blockchain or the Company), an industry leader in Bitcoin (BTC) mining and hosting, today announced that, after a twenty year tenure with the Company, Jeff McGonegal will retire from his position as Chief Financial Officer (CFO) and move into a new role as Senior Advisor to Riot as of August 15th, 2022.
  • Mr. Yee joined Riot as Head of Corporate & Financial Operations in April 2022.
  • Riot also announced that Ryan Werner, formerly Vice President, Finance, has been promoted to Senior Vice President and Chief Accounting Officer of the Company.
  • Riot Blockchain (NASDAQ: RIOT) focuses on mining Bitcoin, and through Whinstone, its subsidiary, hosting Bitcoin mining equipment for institutional clients.

Riot Blockchain Announces April 2022 Production and Operations Updates

Retrieved on: 
Tuesday, May 3, 2022

Castle Rock, CO, May 03, 2022 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) (Riot, Riot Blockchain or the Company), an industry leader in Bitcoin (BTC) mining and hosting, announces production and operations update for April 2022.

Key Points: 
  • Castle Rock, CO, May 03, 2022 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) (Riot, Riot Blockchain or the Company), an industry leader in Bitcoin (BTC) mining and hosting, announces production and operations update for April 2022.
  • In April 2022, Riot produced 508 BTC, an increase of approximately 150%, as compared to April 2021 production of 203 BTC.
  • As of April 30, 2022, Riot held approximately 6,320 BTC, all produced by the Companys self-mining operations.
  • Riot Blockchain (NASDAQ: RIOT) focuses on mining Bitcoin, and through Whinstone, its subsidiary, hosting Bitcoin mining equipment for institutional clients.