According to Yahoo!Finance, “Riot Blockchain, Inc. focuses on building, supporting, and operating blockchain technologies, primarily through its cryptocurrency mining operations and other developed businesses, as well as joint ventures, acquisitions, and targeted investments in the sector. Its primary focus is on Bitcoin and general blockchain technology. The company leverages its expertise and network to build and support blockchain technology companies. It builds a cryptocurrency mining operation and operates specialized computers that generate cryptocurrency, primarily Bitcoin. The company also holds interests in various activities, including purchasing and selling cryptocurrencies; providing accounting, audit, and verification services for blockchain based assets, such as cryptocurrencies; and developing TessPay, a payments ecosystem for component and sub-component supply chain settlements, and other blockchain solutions for telecommunications companies. As of March 31, 2018, approximately 3,500 of the miners were installed and operating. The company was formerly known as Bioptix, Inc. and changed its name to Riot Blockchain, Inc. in October 2017.”
The Study of Failure
"One founder I've backed told me that he'd learned "to only work on things where I'm freaking scared of failing, because that means the stakes are high." When you believe your vision is important, celebrating failure of any sort would be perverse (Lewis, Geoff. "Failure Porn: There's Too Much Celebration of Failure and Too Little Fear (Posted 2014-12-04 17:00:14)." The Washington Post Dec 04 2014 ProQuest. 2 Dec. 2018.)"