Bitcoin Miner Riot Acquired Small Kentucky Rival, Block Mining Inc., For $92 Million
Riot Platforms said Tuesday it had acquired Kentucky-based Block Mining for $92.5 million, as headwinds faced by smaller Bitcoin miners continue to pose.
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Bitfarms Appoints New CEO As Riot Intensifies Takeover Bid
Bitcoin miner Riot Platforms’ effort to take over rival Bitfarms has taken a new turn as the latter appoints a new CEO amidst.
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Bitfarms Mined 21% More Bitcoin In June Amid Riot Takeover Attempts
Despite Riot takeover attempts, Bitcoin miner Bitfarms mined additional 21% Bitcoin (BTC) in June. Bitfarms also increased its online hashrate to 10.4 exahashes.
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Bitfarms Implements A ‘Poison Pill’ Strategy Against Rival Riot’s Ongoing Takeover Bid
Bitfarms implements a ‘poison pill’ strategy to thwart a hostile takeover attempt by Riot Platforms, ensuring corporate stability. Bitfarms announced on Monday that.
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Riot Purchases Bitcoin Miners Worth $290M From MicroBT
Riot has announced its largest hash rate purchase with 18 EH/s supply from MicroBT. The 66,560 latest generation M66S model BTC miners will.
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In September, the output of Bitcoin miners Marathon, Riot, and CleanSpark increases.
Marathon Digital marked a remarkable milestone in September, producing an astounding 1,242 Bitcoin, accounting for an unprecedented 4.3% share of the Bitcoin miner.
