Blockware Solutions CEO Joins Riot as Senior Advisory Board Member
Castle Rock, Colorado, January 13, 2021 (GLOBE NEWSWIRE) – Riot Blockchain, Inc. (NASDAQ: RIOT) (“Riot”, “Riot Blockchain” or the “Company”), announced that Mason Jappa, CEO of Blockware Solutions LLC (“Blockware”) is joining Riot’s advisory board. Mason joins Pierre Rochard, Yan Pritzker and Cory Klippsten, the founding members of the Riot Advisory Board in 2019.
Mr. Jappa brings extensive experience in cryptocurrency mining to Riot’s advisory board. He is the co-founder of Blockware, which was established in 2017 and provides blockchain and bitcoin mining related services to its clients, including some of the world’s most innovative mining farms and blockchain companies. Blockware has placed over 45 MW for tenant customers, sold over 200,000 ASICs, operates validator nodes for Skale, Dfinity, Ethereum, and created one of the largest US-based bitcoin mining pools – Blockwarepool . In addition, he is the Managing Partner of Blockware Mining, LLC, a colocation facility and self-operating operation with over 300 Ph / s based in Kentucky, providing turnkey purchasing and hosting solutions. to potential customers.
Mr Jappa commented, “I am very happy to join the Riot Blockchain Advisory Board, I firmly believe that there are many synergies between my experience and expertise, Riot, and its current advisory board. My goal as a member of the Riot Advisory Board will be to assist the Company in its assessment of growth opportunities, by sharing my expertise in optimizing operations, improving marketing strategies and pursuing our common goal of decentralizing the Bitcoin mining hashrate by increasing the US footprint in space. “
Riot Advisory Committee
In 2019, Riot established its Advisory Board of well-recognized creative leaders with rich operational and strategic experience across the blockchain space, including: bitcoin software development, node projects, bitcoin education, startup consulting, and capital. -risk / angel investing. The Advisory Board was created to help the company assess and define its strategic mission and increase shareholder value through the cutting edge knowledge of advisors and the extensive network of innovators and pioneers. The profiles of current Advisory Board members include:
Pierre is the senior Bitcoin strategist at Kraken, one of the world’s largest bitcoin exchanges. Pierre has been involved in Bitcoin as a researcher, investor, and software developer since February 2013. He co-founded the Satoshi Nakamoto Institute to curate the best primary source documentation on bitcoin and cryptography. In addition to developing Bitcoin software, Pierre is a strong advocate for decentralized Bitcoin governance. In 2017, he started co-hosting the Noded Bitcoin podcast. Its successful open source software projects include BitcoinACKs.com and the Node Launcher. In 2019, he founded Lightning Power Users, which operates one of the largest Lightning Network routing nodes.
Yan is the co-founder and CTO of Swan Bitcoin, a bitcoin ramp for recurring bitcoin purchases, and the author of Inventing Bitcoin, a book on the inner workings of bitcoin. Previously, he co-founded the CTO of Reverb.com, a musical instrument market that he helped grow to half a billion dollars in annual sales volume. Yan also invests in Bitcoin startups through Bitcoiner Ventures and advises Bitcoin companies.
Cory is the founder of Swan Bitcoin. He is also an advisor to Unchained Capital and a partner of Bitcoiner Ventures. As an advisor, he has supported over $ 250 million in fundraising since 2016 and, as an angel, has funded more than 20 startups. Prior to focusing primarily on startups, Klippsten worked for Google, McKinsey, Microsoft, and Morgan Stanley, and received an MBA in Finance and Entrepreneurship from the University of Chicago.
“We are very fortunate to have such expertise on our advisory board to help refine our strategic positioning as we continue to focus on bitcoin mining,” said Jeff McGonegal, CEO of Riot. “We are focused on continuing to expand and optimistic for the future of bitcoin and therefore for Riot.”
Additional information about the Advisory Board is available on Riot’s website on the Advisory Board page.
About Riot Blockchain
Riot Blockchain (NASDAQ: RIOT) focuses on mining cryptocurrency from bitcoin. The company is expanding and improving its mining operations by obtaining the most fuel efficient miners currently available. Riot also owns some uncontrolled investments in blockchain technology companies. Riot is headquartered in Castle Rock, Colo., And the company’s primary mining facility operates in upstate New York, under a co-location hosting agreement with Coinmint. For more information, visit www.RiotBlockchain.com.
The information provided in this press release may include forward-looking statements relating to future events or the future financial performance of the Company. Since these statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied in these forward-looking statements. Words such as “anticipates”, “believes”, “anticipates”, “expects”, “intends”, “will”, “potential”, “hope” and similar expressions are intended to identify forward-looking statements . These forward-looking statements are based on the company’s current expectations and involve assumptions that may never materialize or prove to be incorrect. Actual results and timing of events could differ materially from those anticipated in these forward-looking statements due to various risks and uncertainties. Detailed information regarding factors that may cause actual results to differ materially from results expressed or implied in statements in this press release relating to the Company can be found in the Company’s periodic filings with the Securities and Exchange. Commission, including the factors described in the sections titled “Risk Factors”, copies of which can be obtained on the SEC’s website at www.sec.gov. The Company assumes no obligation to update any forward-looking statements contained in this press release.
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