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...
62% of RIOT’s miners (and growing) are semi-permanently idle?
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...
RIOT’s investor presentation indicates RIOT will underperform BTC performance.
Jason Les replied during the AMA for 4 minutes. I’ll quote bits below: the purpose of that model was not to forecast Riot's financial performance Maybe not, but I think it’s presented in a way that makes it easy to imagine someone making that mistake. He also said in...
Chad Everett Harris, Riot Blockchain, no way to grow?
At record date for the proxy 135M out of the 170M authorized were issued. When Q2's ER is released we'll know more of how deep the shelf has been filled. Employee proxy item did pass, so they need to hold back shares for those employee programs. Doesn't leave them...
Chad Everett Harris, RIOT BLOCKCHAIN losing money on miners. Check it out.
These are miners that profit less than $1,000/year and will be unprofitable in 22 months. No need to take my word for any of this, everything has links. All approximate. Tell me if I messed up any calculation. Do your own research. Not financial advise. In the Q1...
RIOT BLOCKCHAIN’S Latest Investor Deck, Just Wow
RIOT dropped another investor presentation. They update this monthly which lets you see how things are changing. One of the slides, slide 19, hadn't been updated since last year as far as I can tell. It shows their own estimated forward returns as a monthly profit,...
Real RIOT BLOCKCHAIN May Production and Operation Updates. So sad!
8% fewer BTC than April (508 vs 466). 59% fewer new miners deployed than April (3,456 vs 1,086) Lower hashrate than April (4.7 vs 4.6EH) Fewer miners running than April (46,375 vs 43,458) due to shutting off 4,000 S17-Pros Reduced their estimated "total" hash rate...
What Is Web3 and Why Are All the Crypto People Suddenly Talking About It?
If you’ve been perusing cryptocurrency forums or video-game news recently—or spying everything from New York Times job listings to zany Twitter threads claiming that the traditional job interview is about to be replaced by blockchain-based “quests, adventures and...
Search Is Back, And It’s Eating Display’s Lunch
Amid all the loud noise emanating from digital advertising about technology, rebates, viewability and transparency, it can be easy to forget a very simple truth. Half of all UK digital advertising goes on search, according to the IAB UK. It only gets the occasional...
Apple Reportedly Using Search, Partners To Expand Ad Network
Apple reportedly is expanding its advertising network through search by partnering with Pinterest and Snap. People searching in Pinterest’s app for “couches,” for example, might see ads targeted by Apple for an interior-design app. Or those searching in Snap for movie...