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Riot Raises $100M: What’s Driving the VC Boom in Bitcoin Mining

CoinGape LogoCoinGape17h ago

Riot Raises $100M: What’s Driving the VC Boom in Bitcoin Mining - CoinGape

Quick Summary:

In another instance of it, Riot, a NASDAQ listed Bitcoin mining infrastructure provider, has received $100 mn support.

In the last 15 days, VC fundings for Bitcoin mining infrastructure has increased dramatically.

From Auradine to Bitdeer – various such companies have received million dollar support.

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Riot Raises $100M: What’s Driving the VC Boom in Bitcoin Mining - CoinGape (Picture 1)

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Article Details

Author / Journalist: Jannett Hernández

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-24 @ 13:49:14 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 458 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28193735

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 31 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

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The story "Riot Raises $100M: What’s Driving the VC Boom in Bitcoin Mining" has 458 words across 37 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Riot Raises $100M: What’s Driving the VC Boom in Bitcoin Mining" was covered 17 hours ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 31 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #28193735
  • URL: https://mussorgski.beamstart.com/news/riot-raises-100m-whats-driving-17455037643335

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