Riot Blockchain Says Coronavirus Outbreak Might Hurt Crypto Mining Farms
Riot Blockchain's 10-K filing captures the fear COVID-19 is sowing in American companies.
Riot reported a current mining capacity of 556 petahash per second.
Riot and Marathon have rallied 97% and 128% over the past year while bitcoin has gained 3 percent.
Company executives say Riot Blockchain is on track to become cash flow positive later this year.
The company has gained 70% so far in Q3.
A U.S. judge has dismissed a lawsuit alleging the firm changed its name to include "blockchain" in 2017 to boost its share price.