RIOT BLOCKCHAIN INC

Description

Founded in 2000, Riot Blockchain Inc. is a London Stock Exchange listed Bitcoin mining company. The company’s, which was formerly known as Bioptix, Inc., headquarters are located Castle Rock, Colorado, United States. The company mainly engaged in the business of on Bitcoin and general blockchain technology.  The company also engaged in supporting the Bitcoin blockchain through quickly expanding large-scale mining in the US. The company is concentrated on gaining exposure to the blockchain ecosystem by its cryptocurrency mining operations, joint ventures, internally developed businesses and selected investments in the sector.

Riot Blockchain, Inc. has deployed around 8,000+ ASIC (application-specific integrated circuit) miners at its cryptocurrency mining facility, which is located in Oklahoma. The company is focused on seeking to develop a blockchain-based escrow service for wholesale telecom carriers through its subsidiary TESS Inc. The company has 13% interest in Coinsquare Ltd, and has an investment in Verady, LLC.  Coinsquare Ltd is a digital currency exchange firm, located in Canada and Verady, LLC engaged in providing crypto currency accounting and audit technology services. The subsidiaries of the company include Whinstone US, Inc., Logical Brokerage Corp, Kairos Global Technology, Inc., BiOptix Inc., RiotX Holdings Inc, Digital Green Energy Corp and Riot Blockchain Canada Inc. The company is focused on expanding its operations by rising its Bitcoin mining hash rate and infrastructure capacity.