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Riot Platforms Inc RIOT

Riot Platforms, Inc. is a vertically integrated bitcoin mining company principally engaged in enhancing its capabilities to mine bitcoin in support of the bitcoin blockchain. It also provides comprehensive and critical mining infrastructure for institutional-scale hosted clients to mine bitcoin at its Rockdale Facility. The Rockdale Facility provides over 700 megawatts in total developed capacity for its bitcoin mining and data center hosting services for institutional-scale hosted clients. It operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. Its Bitcoin Mining segment operates approximately 112,944 miners, with a hash rate capacity of 12.4 exahash per second (EH/s). Its Data Center Hosting segment operates at its Rockdale Facility and focuses on providing co-location services for institutional-scale bitcoin mining companies. Its Engineering segment designs and manufacturers power distribution equipment and custom engineered electrical products.


NDAQ:RIOT - Post by User

Post by RReis09on Feb 05, 2021 1:47pm
77 Views
Post# 32485802

ABQQ "Netflix Of China" Insiders Buying Up Small Float"

ABQQ "Netflix Of China" Insiders Buying Up Small Float"ABQQ could leverage emerging blockchain technology to maintain a competitive advantage over other streaming services. There are several ways in which this could occur: The Brave internet browser leverages blockchain technology to allow users to choose whether or not they will be advertised to. If they volunteer to view advertisements, they are rewarded with Basic Attention Tokens (BAT). ABQQ could similarly create a blockchain-based advertisement system in which users could volunteer to receive advertisements in exchange for tokenized rewards such as lower subscription fees. Using the blockchain, a platform could be created in which users generate their own video content and share it with other users while maintaining ownership while ABQQ continues producing its studio-quality productions. The company could simply begin accepting Bitcoin (BTC) and other cryptocurrencies as payment. This technology would not actually require ABQQ to integrate blockchain technology into its interface. Wich is a reasonable conclusion with the direction and approach ABQQ is laying out.
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