RIOT Stock Up 7% in Pre-market, Mason Jappa Joins Riot Blockchain Advisory Board

Friday 15 January 2021, 2:49 AM AEST - 5 days ago

In the last two years, Riot has already made several additions to its board of directors.

According to a statement released by Riot Blockchain Inc (NASDAQ: RIOT), the Chief Executive Officer of Blockware Solutions Mason Jappa would be joining the advisory board of Riot Blockchain which consists of Pierre Rochard, Yan Pritzker, and Cory Klippsten. Meanwhile, RIOT stock is moving higher. Today in the pre-market the stock is 6.99% up, trading at $25.55.

Jappa, who is an industry leader in the field of mining hardware and hosting, brings to the blockchain a wealth of experience that would drive Riot Blockchain forward. His company, Blockware Solutions, was created in 2017 and since then, it has gone on to establish itself as a market leader in the industry.

Blockware was providing blockchain services and crypto mining services to its broad client base that includes some of the leading mining farms and blockchain companies in the world. The firm had successfully placed 45MW for its hosted clients and sold over 200,000 ASIC miners. Not only that, he successfully geared the company towards creating one of the largest mining pools in the United States, Blockwarepool.

His firm has also acted as a validator for Skale, Dfinity and Ethereum. His experience in the crypto mining sectors has seen him act in the capacity of the managing partner of Blockware Mining, LLC. The Kentucky based mining company has over 300Ph/s and also provides hosting solutions to its clients base.

Jappa would be tasked with helping Riot to optimize its operations while also looking to help the firm evaluate the available growth opportunities. He expressed his joy in joining the advisory team of Riot and believes that his expertise would help the company to push Bitcoin mining hashrate forward in America.

RIOT Stock Is Up amid Changing Board of Directors

In the last two years, Riot has made several additions to its board of directors. During this period, the Bitcoin mining company saw the Addison of Yan Pritzker and Cory Klippsten of Swan Bitcoin, a Bitcoin exchange service, and Pierre Rochard of Kraken to its advisory board.

According to the firm, the advisory board was necessary to help ...

Read full story on Coinspeaker

Disclaimer: The content and views expressed in the articles are those of the original authors own and are not necessarily the views of Crypto News. We do actively check all our content for accuracy to help protect our readers. This article content and links to external third-parties is included for information and entertainment purposes. It is not financial advice. Please do your own research before participating.