3 Cryptocurrency Stocks to Consider if You Think Bitcoin Will Continue to Soar
SI – Bitcoin blew past a record $40,000 at the start of this month before retreating somewhat. Market observers point to the participation of institutional investors as one factor supporting the exuberance, which, they say, may drive the currency even higher. Cryptocurrency stocks involved in mining and selling tokens are positioned to reap large benefits from Bitcoin’s price surge. Three such stocks are Silvergate Capital Corporation (SI), Riot Blockchain Inc. (RIOT), and HIVE Blockchain Technologies (HVBTF). Let’s discuss their prospects in more detail.
Jan 28, 2021
2020 has been a great year for Bitcoin and other cryptocurrencies. Institutional investors are believed to have pushed the price of Bitcoin to more than $29, 000 on December 31 from $7,200 last January. By middle of this month, the price of Bitcoin was more than $34,000.
Hive Blockchain Purchases 6400 Bitcoin Miners to Achieve Capacity Goal
Jan 20 2021 · 12:10 UTC | Updated
Jan 20 2021 · 12:32 by John K. Kumi · 3 min read
Photo: Depositphotos
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The initial tranche will see 500 pieces of equipment delivered within May and June. Then each month 900 pieces of equipment would be delivered over the course of the year.
In a bid to reach an estimated hash rate of 1000 PH/s, HIVE Blockchain Technologies Ltd has purchased 6400 Bitcoin miners from Canaan according to an official announcement. This means the earlier planned 1000 PH/s yearly end goal by the company would be surpassed to 1229 PH/s.
HIVE Blockchain Continues Its Bitcoin Mining Momentum by Purchasing 6,400 Canaan Avalon Next Generation Miners to Expand Its Capacity to 1,229 PH/s in 2021 saltlakecitysun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from saltlakecitysun.com Daily Mail and Mail on Sunday newspapers.
HIVE Blockchain Announces Closing of USD $15 Million Convertible Debenture Private Placement pittsburghstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pittsburghstar.com Daily Mail and Mail on Sunday newspapers.