RIOT Stock significantly increase tomorrow based on these facts: Riot Blockchain stock forecast.

1. Zack Research #1 Professional Analysts Recommended
2. Earnings Tomorrow 11/15/21 – Earnings for same type of company have been fantastic, so should be the same.
3. Naviga News – Professional Trading News Outlet named it #5 top stock to buy this week.
4. Bitcoin Taproot Upgrade Today
5. Bitcoin above $60,000
6. Mara Stock jumped nearly 30% recently on earning (another miner)

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www.HPAgents.com riot stock prediction 2021

*************** ABOUT RIOT ************************

Riot produces 464 Bitcoins in October 2021 and announces an increase in targeted hash rate for 2022
Castle Rock, CO, Nov. 03, 2021 (GLOBE NEWSWIRE) — Riot Blockchain, Inc. (NASDAQ: RIOT) (“Riot,” “Riot Blockchain” or “the Company”), an industry leader in Bitcoin (“BTC”) mining and hosting, announces monthly BTC production and operations updates for October 2021, including an increase in estimated self-mining hash rate capacity for 2022, updates to the status of miner shipments and deployment, and updates on the 400 megawatts (“MW”) infrastructure expansion at the Company’s Whinstone facility (“Whinstone”).

Production Updates

In October 2021, Riot produced 464 BTC, an increase of approximately 433% over its October 2020 production of 87 BTC.
Year to date through October 2021, the Company produced a total of 2,921 BTC, an increase of approximately 257% over its BTC production during the same 2020 period of 818 BTC.
As of October 31, 2021, Riot held approximately 3,995 BTC, all produced by the Company’s self-mining operations.
Riot currently has a deployed fleet of approximately 27,270 miners, with a hash rate capacity of 2.8 exahash per second (“EH/s”).
Riot intends to continue providing monthly operational updates and unaudited production results through the end of 2021. These updates are intended to keep shareholders informed of the Company’s progress with regards to the execution of the previously announced growth in Riot’s hash rate and to keep investors apprised of the Company’s development of Bitcoin mining infrastructure critical to de-risking future growth.

Mining Purchase Order and Increase in Estimated Hash Rate for 2022

Riot recently completed a $54 million purchase order with Bitmain Technologies Limited (“Bitmain”) for 9,000 S19j Pro (100 TH/s) miners, with an anticipated delivery and deployment schedule set for May 2022 through October 2022. As a result of this purchase order, the Company anticipates that it will have approximately 90,150 Antminers in operation, utilizing approximately 284 MW of energy, by Q4 2022.

Also as a result of this purchase order, Riot has increased its 2022 estimated hash rate capacity by 11.7% to 8.6 EH/s, representing an increase of approximately 0.9 EH/s over the Company’s previously announced estimate of 7.7 EH/s. The increase in the estimated hash rate to 8.6 EH/s does not include any potential benefits from Riot’s previously announced build-out of 200 MW of immersion-cooled infrastructure.

Miner Deployment and Shipment Updates

Shipments of 11,500 S19J Pro Antminers under previous purchase orders are expected to be shipped to Riot’s Whinstone facility in November 2021. While global logistics issues are impacting some miner shipment schedules, impacts to the Company to date have not been material, and Riot remains in close communication with Bitmain and logistics providers working to mitigate delays where possible.

Operations Update

In October 2021, Riot announced in connection with the previously announced 400 MW expansion of Whinstone, 200 MW would be committed to utilizing immersion-cooling technology. To the Company’s knowledge, this represents the Bitcoin mining industry’s first industrial-scale immersion-cooled deployment of mining hardware (“miner(s),” “ASIC,” or “ASICs”). This development encompasses two buildings currently under construction which are expected to host approximately 46,000 S19 Antminer ASICs from Riot’s already-contracted for miner fleet.