Riot Blockchain is a company that provides mining equipment. It uses Bitmain application-specific integrated chips to power its miners. Its headquarters is in Castle Rock, Colorado. Its website describes its technology as “the most advanced cryptocurrency mining hardware.” Its mission is to help people get rich by mining cryptocurrencies on sarkariresultnet.
Jeff Riot is an experienced business leader with an impressive resume. He has a bachelor’s degree in accounting from Florida State University, and has worked for BDO USA, LLP since 1974, newsmartzone, where he served as the managing partner of the Denver office. Before joining Riot, Mr. Riot was a senior financial executive with a large publicly traded corporation, and he was a senior vice president with the firm from 1997 to 2000. His expertise includes finance, corporate development, and investor relations.
Prior to joining Riot, Jeff Riot served as CFO of AspenBio Pharma, a company focused on developing an appendicitis test and veterinary reproductive science. The company later changed its name to Bioptix in 2012 and became profitable. In April 2018, Riot’s board of directors nominated him as interim CFO. After serving as interim CFO, he became the permanent CFO and CEO of the company in 2021.
In addition to mining Bitcoin, Riot also invests in companies like Verady, Coinsquare, and Tess. Founded on July 24, 2000, the company is headquartered in Castle Rock, CO. According to U.S. News, the company has a diverse executive team that is comprised of 13% females and 87% males.
William Jackman, General Counsel of Riot Blockchain Inc, manages the legal affairs of the company. With his unique combination of legal and business expertise, he supports the Riot leadership team in strategic decisions and develops innovative solutions. Before joining Riot, Jackman was the CFO of Citadel Exploration Inc. He also served on the 123musiq Industries Board of Directors and Reserve Committee.
Jason Ross, Co-Founder and Chief Operating Officer of Riot, is a Chartered Professional Accountant and has extensive experience in corporate finance. He joined Riot after nearly two decades in investment banking. He has served as a Managing Director at Nomura, advising on nearly $20 billion in M&A transactions. He has lived and worked in New York and Hong Kong. He holds a CFA charter and a Bachelor of Commerce degree from the University of Toronto.
Riot’s operations generate BTC by mining operations. The company is currently the largest Bitcoin miner in North America. William Jackman, General Counsel, and Jeff McGonegal, CFO are Riot’s executive team. Their Hashing Capacity is currently at 5.6 EH/S, and is expected to reach 12.6 EH/S by 2023. Additionally, Riot has announced a new development in Corsicana, TX that has a capacity of 1,000 MW and a potential Hashrate of 41 EH.
Chad Everett Harris
Chad’s entrepreneurial drive has fueled tremendous profits for Riot. His entrepreneurial efforts have been recognized by numerous media outlets and organizations. He was named a Top 100 Internet Retailer by INC and was appointed the company’s Head of Corporate and Financial Operations in April 2022. He is responsible for overall coordination of all corporate and financial functions, including the development of the company’s financial strategy.
Harris, a seasoned technology executive, brings a wealth of expertise and experience to the Riot Blockchain leadership team on royalmagazine. His background in construction operations allows him to effectively apply his extensive knowledge to the creation of an enterprise technology strategy. His strategy focuses on developing scalable solutions for a facility’s technical design and software. This strategy is credited with transforming Whinstone into the largest Bitcoin hosting facility in North America.
Before joining Riot, Harris held key positions at UDR Inc., a publicly traded multifamily real estate investment trust. Prior to this, he worked in the audit department at Ernst & Young, where he specialized in publicly traded companies. Prior to that, he earned a Bachelor of Science in Accounting and Business Administration from East Carolina University.
Logical Brokerage Corp
After a long period of silence, Riot Blockchain Inc. has announced it has acquired Miami-based futures-introducing broker Logical Brokerage Corp. The two companies will merge to form a futures brokerage and digital currency exchange. Riot is planning to compete with major cryptocurrency exchanges such as Coinbase and Gemini.
The acquisition was announced on March 27, 2018 in a press release. The press release can be found in Exhibit 99.1. The acquisition is expected to take place over the next several months. The transaction is subject to regulatory approval. The proposed acquisition may require the Company to file various regulatory documents.
The company is a member of the National Futures Association and has a license to conduct money services businesses on topwebs. It has also obtained a Florida money transmitter license and is actively seeking additional state licenses. The company is also ramping up testing for its mining pool and has added resources to focus on the platform’s scalability.