by The Medianistas | Sep 14, 2022 | Crypto, Find the Fraud
What kind of person presents an image like this to the public? Chad the Demigod and the “little” people”. The King and his serfs. Chad the puppeteer. I think those are the same 8 people who are in very video. Can’t be sure. Too busy to...
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 | Aug 16, 2022 | Crypto, Deceptive Marketing, Find the Fraud, Opinions, Press Releases & News, Rants & Raves, Scams, Uncategorized
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...
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...