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Bitcoin investors unimpressed with Kerrisdale Capital report on Riot Platforms

Kerrisdale Capital’s Sahm Adrangi has continued his short-selling series with another Bitcoin company, Riot Platforms.

Is Tether becoming Bitcoin’s most influential miner?

Tether claims to generate tens of billions of dollars in annualized profit and is deploying hundreds of millions into bitcoin miners.

The group’s leader is reportedly part of the largest criminal organization in Taiwan and allegedly stole millions from crypto mine investors.

The two Patterson school district officials embezzled up to $1.8 million using a fake CEO and funneled electricity to a secret crypto mine.

US-based crypto miners will share their energy consumption with the Department of Energy as part of its efforts to “generate credible data.”