by The Medianistas | Sep 8, 2022 | Uncategorized
SALT LAKE CITY — A suspected fraudulent bitcoin mining company may have ensnared several Utah properties, according to documents from a case against the BitClub Network, a company accused by the Department of Justice of defrauding over a thousand investors out of $722...
by The Medianistas | Sep 3, 2022 | Crypto, Ethics, Mergers and Acquisitions, Scams
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...
by The Medianistas | Sep 2, 2022 | Find the Fraud
Riot is the blue column. Today bitcoin is trading at $19,976.20. Third party information. BASED ON OUR EXPERIENCES – DO NOT TRUST CHAD EVERETT HARRIS OR ANYTHING HE’S INVOLVED WITH! Chad Everett Harris, Whinstone, Riot Blockchain, Northern Data AG accused of...
by The Medianistas | Aug 4, 2022 | Crypto, Find the Fraud, Trend Tracker, Uncategorized
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...
by The Medianistas | Aug 4, 2022 | Business, Crypto, Uncategorized
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...