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What's Riot Blockchain up to now? Mining more bitcoin, apparently

Riot Blockchain's been in the news a lot since last October, when it changed its name from Bioptix Inc. and changed its focus from medical devices to "focus on the Bitcoin and Ethereum blockchains."

Credit: RIOT BLOCKCHAIN

Riot Blockchain said it used some of these 4,065 cryptocurrency miners in April to produce approximately 100 Bitcoins and 61 BCash.

DENVER BUSINESS JOURNAL — Riot Blockchain Inc., one of Colorado's more entertaining public companies, said it's mining more bitcoin.

The Centennial-based cryptocurrency company said it produced approximately 100 Bitcoins (BTC) and 61 BCash (BCH) in April, up 45 percent from a month earlier.

"Riot utilized a daily average of approximately 4,065 cryptocurrency ASIC miners during April and ended the month with approximately 4,225 cryptocurrency ASIC miners deployed. The company remains on track to have approximately 8,000 cryptocurrency ASIC miners deployed by the end of May, utilizing approximately 12MW of energy capacity," the company said in a statement.

In early Friday trading, shares in Riot Blockchain (Nasdaq: RIOT) were rising, up more than 8 percent, rising 60 cents to $8.24.

Read more at the Denver Business Journal: https://bit.ly/2wbMYZD