David Yi retweeted
Riot Platforms Announces Changes to Its Board of Directors and Provides Update on Formal Evaluation of AI/HPC Uses.
Jaime Leverton, Doug Mouton and Michael Turner to Join the Board and Bring Directly Applicable AI/HPC Conversion, Data Center and Real Estate Experience.
Retains Evercore and Northland Capital to Lead Engagement with Potential AI/HPC Partners Following Increased Inbound Interest.
🔗 For more details, please visit: riotplatforms.com/riot-platf….
David Yi retweeted
Riot Platforms Launches Formal Evaluation of Potential AI/HPC Uses for Remaining 600 MW of Power Capacity at Corsicana Facility
Engages Expert Consultants to Assess AI/HPC Opportunities and Plans to Accelerate Engagement with Potential AI/HPC Partners
Halts Previously Announced Phase II Bitcoin Mining Expansion at Corsicana Facility
Read the full press release here: riotplatforms.com/riot-platf…
David Yi retweeted
With the additional proceeds from Riot’s upsized $594 million, 0.75% coupon convertible bond issue, the Company has acquired 667 BTC at an average price of $101,135 per BTC. As a result, Riot has increased its holdings to 17,429 BTC, currently valued at $1.8 billion based on the current market price of BTC of $103,873.
Through this acquisition and mining production YTD, Riot has generated a BTC Yield Per Share of 36.7% QTD, and 37.2% YTD.
David Yi retweeted
With the net proceeds from Riot’s recent $525 million, 0.75% coupon convertible bond issue, the Company has acquired 5,117 BTC at an average price of $99,669 per BTC, inclusive of fees and expenses. As a result, Riot has increased its holdings to 16,728 BTC, currently valued at approximately $1.68 billion based on the current market price of BTC of $100,303.
David Yi retweeted
Riot Announces Pricing of Offering of 0.75% Convertible Senior Notes.
Link to press release: riotplatforms.com/riot-annou….
David Yi retweeted
Riot Announces Proposed Private Offering of $500 Million of Convertible Senior Notes.
Net proceeds from this offering to be used primarily to acquire bitcoin and for general corporate purposes.
Link to press release: riotplatforms.com/riot-platf….
David Yi retweeted
Riot Produces 505 #Bitcoin in October 2024 and Increases Hash Rate Deployed to 29.4 EH/s.
“In October, Riot achieved a new post-halving milestone in production, with 505 Bitcoin mined in the month,” said @JasonLes_, CEO of Riot. “This 23% increase in production from September is a reflection of both the ongoing growth in our deployed hash rate and of the efforts to improve our operational efficiency. During the month of October, our deployed hash rate increased to 29.4 EH/s, driven by new deployments of latest generation MicroBT miners at the Corsicana Facility. We are pleased with the positive operational momentum underway and look forward to continuing this progress.”
🔗 Read the full press release for more details: riotplatforms.com/riot-annou…
David Yi retweeted
The @SECGov twitter account was compromised, and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.
David Yi retweeted
Via @CoinDesk, our CEO @alex__dacosta argues that #Bitcoin is spurring technological innovation and positive impacts across industries -- and is an important mechanism to improve our energy infrastructure to combat #climatechange. Read her full piece: bit.ly/42YzzyC
David Yi retweeted
For EP. 299, CEO @alex__dacosta and CCO David Yi talk about Renewable #Bitcoin Mining with @acdc_hq!
Topics:
🟢 What is ACDC?
🟢 Mining with #solarpower!
🟢 Value of Bitcoin to society.
🟢 Is #BTC bad for the environment?
🔗 Spotify: spoti.fi/3v6aV0b
David Yi retweeted
1/ HUT CEO @JaimeLeverton has regularly promoted their strategy of a balance sheet first approach, which has allowed the company to continue operating thoughtfully and strategically.
How do the Balance Sheets of five of the largest miners compare?
See thread below 👇
David Yi retweeted
Check out our newest facility, Texas 4!
- 27 MW of hosted capacity
- 87 MW of solar energy
- Built and operated by @acdc_hq
#MiningMonday
David Yi retweeted
New Mexico miners! ⛏️ You are back online ahead of schedule at Texas 4. 🤠 Emails to come! 📩
David Yi retweeted
So FTX was running on twigs glue and a corrupt excel file full of circular references and yet they were lobbying hard for more regulation. None of this makes sense
David Yi retweeted
We’re excited to announce our expansion with a data center co-located with an 87MW #solarfarm. ACDC’s facility will represent one of the largest #renewable-based facilities currently hosting @compass_mining client units. Read the announcement: bit.ly/3N7wLsa
David Yi retweeted
Bitcoin miner @compass_mining has signed a 27-megawatt (MW) hosting deal with Aspen Creek Digital, making it the solar-powered mining start-up’s largest customer.
Reports @Aoyon_A
trib.al/RcWYFG2
David Yi retweeted
You can watch the expected difficulty change with each new block on the Braiins Insights dashboard.
insights.braiins.com/en/#adv…
David Yi retweeted
We are live with a new episode of the Mining Miniseries – featuring @DavidSYi and Alexandra DaCosta of @acdc_hq – covering their model for renewable-based mining
onthebrink-podcast.com/aspen…
David Yi retweeted
As the global bitcoin mining industry looks to become more sustainable, a number of companies are investing in renewable energy solutions. This is not only to power Bitcoin in a cost-effective and sustainable manner. #btc
coindesk.com/business/2022/0…
