Whinstone

Pow.re secures 100 MW of renewable power in Paraguay and welcomes two industry veterans to the advisory board.

Retrieved on: 
Wednesday, March 8, 2023
History, Canaan Creative, Whinstone, HDC, ANDE, Arch dam, Natural gas, KV, Renewable energy, Itaipu, Engineering, Yguazú District

This week, construction began on the power transformation and computation center infrastructure at Pow.re's 8.5 hectare site directly adjacent to ANDE's newly commissioned substation.

Key Points: 
  • This week, construction began on the power transformation and computation center infrastructure at Pow.re's 8.5 hectare site directly adjacent to ANDE's newly commissioned substation.
  • On February 26th, 2023, ANDE, Paraguay's national public utility, energized the first of three 500 kV transmission lines between the Itaipu dam and Yguazu.
  • Pow.re Director of Engineering, Maxime Bisaillon stated, ''This is a unique opportunity to access a large amount of 100% renewable power at a competitive price.
  • Both advisors formerly held positions at Canaan Creative and Northern Data and are respected industry veterans that will help advance the Company's business development goals.

Riot Reports Full Year 2022 Financial Results, Current Operational and Financial Highlights

Retrieved on: 
Thursday, March 2, 2023
ERCOT, Rockdale, Financial statement, Insurance, Consolidated, Miner, Annual report, Employment, Impairment, CASTLE, Form 10-K, ASC, Sale, Mining, Growth, Bank statement, Depreciation, Acquisition, Hand, Electricity, Cryptocurrency, Whinstone, Bitcoin, Riot, Engineering

These power credits enabled us to lower our cost of production in 2022, on a non-GAAP basis, to among the lowest in the industry.

Key Points: 
  • These power credits enabled us to lower our cost of production in 2022, on a non-GAAP basis, to among the lowest in the industry.
  • Earned $27.3 million in power credits through support of the ERCOT grid in Texas during several weather-related supply/demand issues in 2022.
  • Data Center Hosting cost in excess of revenues for the year ended December 31, 2022 was $24.3 million.
  • Engineering revenue in excess of engineering cost of revenue for the year ended December 31, 2022 was $7.9 million.

Riot Blockchain, Inc. Announces Corporate Rebranding to Riot Platforms, Inc.

Retrieved on: 
Tuesday, January 3, 2023
Whinstone, Growth, CO, CUSIP, Cryptocurrency, Riot, Bitcoin

Castle Rock, CO, Jan. 03, 2023 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot,” “Riot Platforms, Inc.” or “the Company”), (formerly Riot Blockchain, Inc.) an industry leader in Bitcoin mining and data center hosting, announces that it has rebranded its corporate name from Riot Blockchain, Inc. to Riot Platforms, Inc.

Key Points: 
  • Castle Rock, CO, Jan. 03, 2023 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot,” “Riot Platforms, Inc.” or “the Company”), (formerly Riot Blockchain, Inc.) an industry leader in Bitcoin mining and data center hosting, announces that it has rebranded its corporate name from Riot Blockchain, Inc. to Riot Platforms, Inc.
    Riot’s rebranding underpins the Company’s growth strategy to continue expanding its increasingly diversified business operations and reflects a renewal of its corporate vision to become the world’s leading Bitcoin-driven infrastructure platform.
  • "This is a significant milestone for Riot and comes as a result of our unique strategic position in the market,” said Jason Les, CEO of Riot.
  • Riot and Whinstone U.S. will brand together under Riot Platforms, Inc., while Riot’s electrical equipment manufacturing business will continue to operate under the ESS Metron brand in order to support its long-established client base.
  • Riot’s common stock continue to be listed for trading on NASDAQ Capital Market under the same ticker symbol ‘RIOT’.

DGAP-News: Northern Data receives unqualified audit opinion and publishes 2021 consolidated financial statements

Retrieved on: 
Monday, August 29, 2022
Bitcoin, ISIN, Mining, Mission statement, NB2, Research, ETH, EBITDA, Artificial intelligence, Decentralized autonomous organization, Government, NVIDIA, EOS.IO, HPC, Data lake, Federal Gazette, Solution, Frankfurt, Investment, Whinstone, Federal Gazette (Switzerland), Sale, USD, Depreciation, Building material, IOT, ASIC, IR, Graphics processing unit, Electricity, RIOT, Cloud computing, Goodwill, GPU, Group, Weather, Tier 1, Annual report, BTC, Growth, Acquisition, XETRA, Film, Online gambling, Cryptocurrency, EUR, Ethereum, A100

Group revenues amounted to EUR 189.9 million in 2021 (2020: EUR 16.4 million; +1,058% compared to the previous year).

Key Points: 
  • Group revenues amounted to EUR 189.9 million in 2021 (2020: EUR 16.4 million; +1,058% compared to the previous year).
  • EBITDA amounted to EUR 320.1 million (2020: EUR -12.3 million), with operating EBITDA adjusted for special effects at EUR 89.6 million.
  • The financial liability was repaid in full in August 2022, meaning that Northern Data no longer has any financial liabilities at the end of August 2022.
  • The Northern Data Group currently operates custom, large-scale data centers and proprietary mobile high-performance data centers and employs a workforce of over 220 people in seven countries.

Riot Blockchain Announces June 2022 Production and Operations Updates

Retrieved on: 
Wednesday, July 6, 2022
Bitcoin, Miner, CEO, Securities Act of 1933, S19, Whinstone, Castle Rock, Colorado, Securities Exchange Act of 1934, GLOBE, Mark (given name), COVID-19, Failure, ERCOT, Company, U.S. Securities and Exchange Commission, Industry, Mining, Partnership, Navarro, Central, General counsel, BTC, SEC, NASDAQ, Annual general meeting, Program, Intention, CO, Cryptocurrency, Renewable energy, Management, Risk management, Riot

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 CFO Transition Plan

Retrieved on: 
Wednesday, June 1, 2022
Bitcoin, Yee, Risk management, Miner, Mining, Senior advisor, Head, CFO, Company, Trust, LLC, Securities Exchange Act of 1934, Securities Act of 1933, COO, Navarro, Corporation, Castle Rock, Colorado, CEO, Failure, Accounting, Senior, University, U.S. Securities and Exchange Commission, Growth, GLOBE, Employment, COVID-19, NASDAQ, SEC, Bachelor, Certified Public Accountant, Industry, Information technology, CO, Intention, Information system, UDR, Inc., Commerce, Cryptocurrency, Management, Science, Whinstone, Young, Riot, Expansion, Finance

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 Reports Record First Quarter 2022 Financial Results, Current Operational and Financial Highlights

Retrieved on: 
Tuesday, May 10, 2022
COVID-19, Navarro, Mining, Mission statement, U.S. Securities and Exchange Commission, Failure, NASDAQ, Miner, GLOBE, Algorithm, S19, LLC, Company, Securities Exchange Act of 1934, Securities Act of 1933, BTC, Depreciation, Industry, Income, Intention, Sale, SEC, CEO, Growth, CASTLE, Cryptocurrency, Online gambling, Bookkeeping, Renewable energy, Bitcoin, Expansion, Bitmain, Riot, Whinstone

CASTLE ROCK, Colo., May 10, 2022 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) (Riot, Riot Blockchain or the Company), an industry leader in Bitcoin (BTC) mining and hosting, reported financial results for the three-month period ended March 31, 2022.

Key Points: 
  • CASTLE ROCK, Colo., May 10, 2022 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) (Riot, Riot Blockchain or the Company), an industry leader in Bitcoin (BTC) mining and hosting, reported financial results for the three-month period ended March 31, 2022.
  • Over the remainder of 2022 and beyond, Riot plans to build upon the solid foundation set to date.
  • A significant percentage of the current assets as of March 31, 2022, totaling $439.7 million, are highly liquid.
  • 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
Bitcoin, Yee, University, Failure, CFO, BTC, Commerce, Corporation, Securities Exchange Act of 1934, SEC, CEO, Technology, ERCOT, NASDAQ, S19, Company, Securities Act of 1933, Partnership, Bachelor, Industry, Government, Finance, Castle Rock, Colorado, Intention, Head, COO, U.S. Securities and Exchange Commission, Risk management, Economic development, COVID-19, Mining, Information technology, Miner, Health, LLC, GLOBE, CO, Conference, Cryptocurrency, Potash, Renewable energy, Management, Expansion, Riot, Whinstone, Science

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.

Riot Blockchain Announces 1 GW Development in Navarro County, Texas

Retrieved on: 
Wednesday, April 27, 2022
Bitcoin, CEO, Government, U.S. Securities and Exchange Commission, LLC, COVID-19, NASDAQ, Securities and Exchange Commission (Philippines), Intention, GLOBE, Securities Act of 1933, Securities Exchange Act of 1934, Miner, ERCOT, Failure, Technology, CO, Company, Mining, SEC, Castle Rock, Colorado, Partnership, Industry, Acquisition, Cryptocurrency, Renewable energy, Whinstone, Expansion, Riot

Castle Rock, CO, April 27, 2022 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) (Riot, Riot Blockchain or the Company), an industry leader in Bitcoin mining and hosting, is pleased to announce that it has initiated a large-scale, 1 gigawatt (GW) development to expand its Bitcoin mining and hosting capabilities (the Expansion) in Navarro County, Texas.

Key Points: 
  • Castle Rock, CO, April 27, 2022 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) (Riot, Riot Blockchain or the Company), an industry leader in Bitcoin mining and hosting, is pleased to announce that it has initiated a large-scale, 1 gigawatt (GW) development to expand its Bitcoin mining and hosting capabilities (the Expansion) in Navarro County, Texas.
  • Upon completion of the Expansion, Riots developed capacity will total 1.7 GW, establishing the Company among the largest Bitcoin mining operations globally, said Jason Les, CEO of Riot.
  • Riot Blockchain (NASDAQ: RIOT) focuses on mining Bitcoin, and through Whinstone, its subsidiary, hosting Bitcoin mining equipment for institutional clients.
  • The Companys headquarters is in Castle Rock, Colorado, the Whinstone Facility operates in Rockdale, Texas, and the Expansion is in Corsicana, Texas.

Riot Blockchain Announces March 2022 Production and Operations Updates

Retrieved on: 
Tuesday, April 5, 2022
Company, Health, Miner, NASDAQ, Sale, Growth, Longevity, Mining, SEC, BTC, Communication, Soil, CEO, Failure, S19, CO, LLC, Industry, Technology, Intention, Securities Exchange Act of 1934, U.S. Securities and Exchange Commission, Securities Act of 1933, Human resources, COVID-19, GLOBE, E, Castle Rock, Colorado, Solution, Engineering, Cryptocurrency, Risk management, Online gambling, Bitmain, Bitcoin, Whinstone, Riot, Finance

Castle Rock, CO, April 05, 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 March 2022, status of miner shipments and deployment, and updates on the 400 megawatt (MW) infrastructure expansion at the Companys Whinstone US, Inc., (Whinstone) facility in Rockdale, Texas (the Whinstone Facility).

Key Points: 
  • Castle Rock, CO, April 05, 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 March 2022, status of miner shipments and deployment, and updates on the 400 megawatt (MW) infrastructure expansion at the Companys Whinstone US, Inc., (Whinstone) facility in Rockdale, Texas (the Whinstone Facility).
  • In March 2022, Riot produced 511 BTC, an increase of approximately 176%, as compared to March 2021 production of 185 BTC.
  • Riot intends to continue providing monthly operational updates and unaudited production results for the foreseeable future or until otherwise disclosed.
  • As of March 31, 2022, Riot held approximately 6,062 BTC, all produced by the Companys self-mining operations.