Russian punk rock collective Pussy Riot is planning to launch a DAO for LBTQ+ and women artists.As the group’s co-founder Nadya Tolokonnikova told Cointelegraph, The DAO will be working on reducing the gender inequality that still marks the NFT space and, more broadly, the crypto industry. Despite the large gender gap in crypto — around 60% of US crypto investors are white men … [Read more...] about Russian protest group Pussy Riot seeks to tackle gender inequality in the NFT space
Riot
Shares of Crypto Miner Riot Blockchain Jump 7% After Cantor Starts Coverage
Riot’s acquisition of Whinstone gives it a significant advantage over its peers because it reduces the miner’s reliance on third party hosting providers, Cantor said. The acquisition also makes it more vertically integrated and gives the firm increased control over its mining infrastructure and operating costs, the broker added. Source link … [Read more...] about Shares of Crypto Miner Riot Blockchain Jump 7% After Cantor Starts Coverage
Riot Blockchain Raises 2022 Hashrate Guidance for Second Time in a Month
One of the largest bitcoin miners, Riot Blockchain (RIOT), raised its 2022 guidance for its mining power to 9.0 exahash per second (EH/s) from the previous forecast of 8.6 EH/s, marking the second increase to its 2022 guidance within a month.Riot attributed the increase to the purchase of 3,000 of Bitmain’s latest mining machines, the S19XP, which are expected to be delivered … [Read more...] about Riot Blockchain Raises 2022 Hashrate Guidance for Second Time in a Month
Bitcoin Miner Riot Buys Electrical Equipment Provider ESS Metron for $50M
One of the largest bitcoin miners, Riot Blockchain (RIOT), is buying electrical equipment provider ESS Metron for $50 million, consisting of up to 715,413 shares of Riot’s common stock and $25 million in cash, according to a press release.Denver, Colorado-based ESS Metron is a key supplier to Riot’s Whinstone, Texas facility and provides “highly engineered, custom product … [Read more...] about Bitcoin Miner Riot Buys Electrical Equipment Provider ESS Metron for $50M
Riot Blockchain Drops After Missing Q3 Revenue, Earnings Estimates
The bitcoin miner reported a net loss in the quarter of 16 cents per share, while analysts were expecting a gain of 35 cents per share. Nov 16, 2021 at 2:11 p.m. UTCUpdated Nov 16, 2021 at 2:16 p.m. UTCA close-up of one of Riot's mining rigs (Riot Blockchain) Source link … [Read more...] about Riot Blockchain Drops After Missing Q3 Revenue, Earnings Estimates