{"id":72212,"date":"2023-01-03T21:44:14","date_gmt":"2023-01-03T19:44:14","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=72212"},"modified":"2025-09-08T13:38:43","modified_gmt":"2025-09-08T10:38:43","slug":"mining-company-riot-drops-blockchain-from-its-name","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/mining-company-riot-drops-blockchain-from-its-name\/","title":{"rendered":"Mining company Riot drops &#8216;blockchain&#8217; from its name"},"content":{"rendered":"<p>One of the industry\u2019s largest bitcoin miners, Riot Blockchain, has renamed itself Riot Platforms as part of a rebranding to underline \u201cgrowing diversification\u201d of its business operations.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Riot Blockchain, Inc. Announces Corporate Rebranding to Riot Platforms, Inc., Reflecting Increasingly Diversified, Bitcoin-Driven, Business Operations. <\/p>\n<p>Read more in today\u2019s press release: <a href=\"https:\/\/t.co\/zEPk3cojFS\">https:\/\/t.co\/zEPk3cojFS<\/a>.<\/p>\n<p>\u2014 Riot Platforms, Inc. (@RiotPlatforms) <a href=\"https:\/\/twitter.com\/RiotPlatforms\/status\/1610277605768593410?ref_src=twsrc%5Etfw\">January 3, 2023<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;The range and scale of our business continues to expand. This rebranding better reflects our position as strategic capital allocators to broaden the reach of bitcoin-focused operations,&#8221; said Riot Platforms CEO Jason Les.<\/p>\n<\/blockquote>\n<p>In November, hosting provider Applied Digital, formerly known as Applied Blockchain, <a href=\"https:\/\/www.globenewswire.com\/news-release\/2022\/11\/17\/2558137\/0\/en\/Applied-Blockchain-Announces-Official-Name-Change-to-Applied-Digital.html\">\u043f\u0440\u0438\u043d\u044f\u043b<\/a> a similar step. The company also attributed the move to diversification.<\/p>\n<p>Some companies are shifting focus to other directions. For example, in August Stronghold Digital Mining <a href=\"https:\/\/www.theblock.co\/post\/163606\/stronghold-shifts-focus-from-bitcoin-mining-to-selling-power-as-it-restructures-debt\">focused on selling electricity to the grid<\/a>.<\/p>\n<p>In November, <a href=\"https:\/\/forklog.com\/en\/news\/riot-blockchain-reports-record-521-btc-mined-in-november\">Riot Blockchain mined a record 521 BTC<\/a> and increased its hashrate to a company-high of 7.7 EH\/s.<\/p>\n<p>Follow ForkLog&#8217;s bitcoin news on our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Riot Blockchain changed its name to Riot Platforms to emphasise its growing diversification of business operations.<\/p>\n","protected":false},"author":1,"featured_media":72213,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137,816],"class_list":["post-72212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-rebranding"],"aioseo_notices":[],"amp_enabled":true,"views":"37","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/72212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=72212"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/72212\/revisions"}],"predecessor-version":[{"id":72214,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/72212\/revisions\/72214"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/72213"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=72212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=72212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=72212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}