(As the CEO of Whinestone and CCO of Riot, one can assume that Chad Everett Harris was aware of the Cool Mara Riot: big money, bitcoin-biotech daisy chain. Sharesleuth showed in a report earlier this year how a network of writers, some real and some fake,...
Find it humorous that Chad Harris chose an incel name as his handle -- GigaChad. RIOT just updated it's investor presentation. You can find it here. Interesting to compare to the old one here: The big change is the huge reduction in detail. No forecasting or anything...
Have you noticed how Chad Everett Harris posts videos of only the parts of the Rockdale facility that are actually working? On his Instagram page he posted a video of a walk down an aisle of working miners. But he doesn't walk the whole aisle and he can't hide that...
Not investment advice. Our perspective. Do your own research: In RIOT’s latest Q2 Earnings Report, they listed $1.4B in total assets broken down by line item. Two of those lines refer to miners: Property and equipment, net: $411,244,000 Deposits: $363,010,000 Of the...
Chad Everett Harris and Riot held two groundbreaking ceremonies, one in July and another in October. The Corsicana mining facility was announced in April and is supposed to be operational by summer 2023. If it took them 6 months to break ground (twice), then it...
Chad Everett Harris, self proclaimed King of Bitcoin mining, Ashton Harris, his son, Whinstone, Riot. Oh, my! https://www.riotblockchain.com/investors/news-events/press-releases/detail/138/riot-announces-september-2022-production-and-operations The opinions of...
This article was originally published on October 7, 2021. In 2020, an article -- Northern Data — A Shady Bitcoin Mining Host, camouflaging under High Performance Computing/Artificial Intelligence Story -- posted to Medium claimed the company was playing down its...
According to the lawsuit, Chad Everett Harris, Ashton Harris, and Whinstone US started a bitcoin mining operation in Louisiana with a $5.8 MM initial deposit provided by GMO Internet Group to cover construction costs and to provide working capital. Whinstone made...
Check my math, I'll update the post if there are any corrections. The June Operational Update states: > Building F holds 23,000 miners and is full. > RIOT currently has 42,455 miners deployed total, including at Coinmint. > RIOT is shutting down the Coinmint...
In the Q1 report, RIOT had $113M in cash as of March 31, 2022 and spent a net of $198M cash over those 3 months ($66M / month). Now, 4 months later, what might we estimate has happened since: Another -$264M spent (continuing the $66M / month). +$140M raised in April...