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, Whinestone, Misleading Investors is a Crime
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...
Whinstone, Chad E. Harris, CEO, Northern Data allegedly manipulated stock markets
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...
Chad Everett Harris, Whinstone US, RIOT Blockchain, sued for $50MM
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...
GigaChad Everett Harris RIOT videos telling a true story?
Chad Everett Harris, GigaChad, Chad H. keeps posting videos about how RIOT is "crushing it" even though Bitcoin is at about $21,000 (Seeking Alpha maintains Bitcoin has to be at $35,000 for RIOT to be profitable) -- and RIOT shares are at about $5.50 -- down from...
Chad Everett Harris, Riot’s Corsicana Data Center, Scam?
What is this? What exactly is going on here? 84 comments about how wonderful Chad Everett Harris and RIOT are but it seems none of them have been posted by real people. We checked 20 and none of them had a YouTube channel and none of the twenty had an active...
Chad Everett Harris, Whinstone, 70% Overvalued?
Chad Everett Harris, Whinstone, Chad Harris, Chad Everett H, Riot Blockchain, Whinstone. Riot's Cost Structure Cites Massive Overvaluation Jan. 20, 2022 12:02 PMBITF, BTC-USD, CORZ Summary Riot has historically fared poorly in the cost control department. In Q3,...
Chad Everett Harris, Whinstone US, accused of accounting fraud
Chad Everett Harris, Whinstone, Chad Harris, Chad Everett H., Riot Blockchain, former gardener, and owner of The Garden Gates, a company that reneged on numerous debts owed to customers and vendors. Northern Data AG (and Riot Blockchain) engage in accounting fraud...
Chad Everett Harris, Whinstone, Loan Default
Chad Harris, Riot Blockchain, CEO at Whinstone US, self anointed serial entrepreneur, located in Rockdale, Texas. defaulted on his $1,000,000 plus loan to Whitney Bank. He’s a gardener who now is the CEO of a bitcoin mining company. View the court case here, Chad...
The Scammer’s Toolbox: How Cyber Criminals Pursue Swindles And Phishing With Email
by Ray Schultz , Columnist, December 18, 2020 Unhappy with your email results? Take a look at how well phishing artists are doing. Most of us are familiar with the broad term “spear phishing.” It covers a range of pathologies. Typically, spear phishers attempt to...