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Riot Platforms Inc

Bitcoin doubles for 2023, tops $35,000

by Sipho Sepamla
Bitcoin doubles for 2023, tops ,000

Bitcoin. Filip Radwanski | Sopa Images | Lightrocket | Getty Images The price of bitcoin briefly topped $35,000 for the first time since May 2022, bolstered by positive sentiment about …

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Bitcoin trades above $30,000 to start the week as hopes grow over ETF

by Sipho Sepamla
Bitcoin trades above ,000 to start the week as hopes grow over ETF

Artur Widak | NurPhoto | Getty Images The price of bitcoin rose to start the week, extending gains from the previous week helped by optimism about a bitcoin ETF and …

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Cryptocurrencies rise, briefly sending bitcoin over $30,000

by Sipho Sepamla
Cryptocurrencies rise, briefly sending bitcoin over ,000

Cryptocurrencies briefly soared to start the week as hopeful investors weighed the likelihood that the U.S. will finally see a bitcoin ETF in the coming months. At one point Monday …

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Bitcoin climbs above $28,000, hitting highest level since mid-August

by Sipho Sepamla
Bitcoin climbs above ,000, hitting highest level since mid-August

The logo for Bitcoin on a screen in Hong Kong, China, on Wednesday, May 24, 2023. Paul Yeung | Bloomberg | Getty Images Crypto prices rallied on Monday, pushing bitcoin …

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Where are bitcoin miners in 2023: Texas

by Sipho Sepamla
Where are bitcoin miners in 2023: Texas

Foundry’s Kevin Zhang with Jihan Wu, the founder and chairman of Bitdeer and a co-founder of Bitmain. Kevin Zhang Crypto winters don’t scare Kevin Zhang, who has been in the …

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Texas paid bitcoin miner Riot $31.7 million to shut down in August

by Shen Ridenbaugh
Texas paid bitcoin miner Riot .7 million to shut down in August

During the crypto boom of 2021, Riot Platforms was raking in cash from bitcoin mining. Now the company is losing so much money that it’s counting on energy credits from …

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