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Riot Platforms Inc RIOT

Riot Platforms, Inc. is a Bitcoin mining and digital infrastructure company. The Company has Bitcoin mining operations in central Texas and Kentucky, and electrical switchgear engineering and fabrication operations in Denver, Colorado. It operates a Bitcoin-driven infrastructure platform. Its segments include Bitcoin Mining and Engineering. The Bitcoin Mining segment is engaged in Bitcoin mining activities. The Engineering segment designs and manufacturers power distribution equipment and custom engineered electrical products. The Engineering segment also provides electricity distribution product design, manufacturing, and installation services primarily focused on large-scale commercial and governmental customers and serves a broad scope of clients across a wide range of markets including data center, power generation, utility, water, industrial, and alternative energy. The Company’s total potential power capacity is two gigawatts.


NDAQ:RIOT - Post by User

Bullboard Posts
Post by xauxag9on Jan 16, 2018 3:19pm
46 Views
Post# 27370547

de-centralization....yeah right.. scamola !

de-centralization....yeah right.. scamola !Even government fiat is better, at least there are some assets ( taxation revenue, infrastructure, gold etc) behind the paper. Bitcoin is just magnetic bits on a hard drive, hardly tangible. In a collective society, unfortunately, everybody has to put some money in the government pot to keep the system running. That's why a centralized monetary system is required. Bitcoin is impractical.
Bullboard Posts