Riot Blockchain Says Coronavirus Might Disrupt its Operations
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30 March
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NASDAQ-listed crypto mining company Riot Blockchain has said the coronavirus epidemic could "seriously disrupt" its activities.

Riot Blockchain said in a report to the US Securities and Exchange Commission (SEC) that the company's employees are being quarantined and that the supply chain is being affected by border and factory closures. The company said:

"If we are unable to effectively service our miners, our ability to mine bitcoin will be adversely affected as miners go offline."

Riot Blockchain spent $6.35M in December to purchase 4,000 Antminer S17 Pro devices for its Oklahoma City mine to replace around 8,000 obsolete Antminer S9 miners.

Riot Blockchain has said it is impossible to predict what will happen with the coronavirus epidemic.

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