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NEWS

Bitcoin Miner Riot Produces 450 Bitcoin In June

Oscar Zarraga Perez -
The company saw a 76% year-over-year increase in production, earned $5.6 million in power credits, and ended the month holding 19,273 Bitcoin.
LEGAL

Final Agreement On EIA Emergency Survey Released

Colin Crossman -
The details of the agreement between the EIA and Texas Blockchain Council & Riot Platforms has been published. There's some good news and bad news.
LEGAL

EIA Emergency Survey Preliminary Injuction Hearing Canceled Yesterday

Colin Crossman -
The hearing in Waco, Texas under District Judge Alan Albright was canceled yesterday due to the EIA and plaintiffs reaching an agreement-in-principle.
LEGAL

RIOT PLATFORMS AND TEXAS BITCOIN COUNCIL SEEK INJUCTION AGAINST EIA SURVEY

Colin Crossman -
A quick summary of an ongoing hearing in Waco, Texas where the Texas Blockchain Council and Riot Platforms, Inc. are seeking a restraining order temporarily blocking the EIA emergency survey.
LEGAL

Texas Bitcoin Mining Operation Shut Down By Host’s Armed Security

Mark Goodwin -
A 125MW Bitcoin mining facility run by Rhodium Enterprises was forced to shut down last week by Rockdale, TX site operator and Riot Platform’s subsidiary Whinstone Inc. after armed security entered the premises.
BUSINESS

MicroBT Brings ASIC Manufacturing To America In Partnership With Riot Platforms

BtcCasey -
One of the largest Bitcoin miner producers has partnered with America’s largest mining firm to bring ASIC production onshore.
LEGAL

Texas Senate Committee Hears Testimony On Bill That Would Ban Certain Energy Arrangements With Bitcoin Miners

BtcCasey -
Pierre Rochard, VP of research at Riot Platforms testified yesterday that Bitcoin is a net positive for the state.
MARKETS

Public Miners Are Outperforming Bitcoin

Dylan Leclair And Sam Rule -
Even with the recent rise in the bitcoin price, public bitcoin mining stocks start the year with more impressive gains than the asset itself.
BUSINESS

Public Bitcoin Miners Fight For Survival

Dylan Leclair And Sam Rule -
Hash rate had its first major drawdown since July 2021 and public miners are feeling the pressure as tough conditions may last for a sustained period of time.
BUSINESS

Riot Blockchain Announces Record High Hash Rate Capacity

BtcCasey -
Although hash rate capacity is at a record, mining conditions did lead to a relative underperformance in bitcoin received throughout the month.
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