Advertisement
Canada markets open in 1 hour 16 minutes

  • S&P/TSX

    21,708.44
    +52.39 (+0.24%)
     

  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     

  • DOW

    37,775.38
    +22.07 (+0.06%)
     

  • CAD/USD

    0.7266
    +0.0003 (+0.04%)
     

  • CRUDE OIL

    81.90
    -0.83 (-1.00%)
     

  • Bitcoin CAD

    89,504.32
    +3,491.04 (+4.06%)
     

  • CMC Crypto 200

    1,337.35
    +24.72 (+1.92%)
     

  • GOLD FUTURES

    2,391.80
    -6.20 (-0.26%)
     

  • RUSSELL 2000

    1,942.96
    -4.99 (-0.26%)
     

  • 10-Yr Bond

    4.6470
    0.0000 (0.00%)
     

  • NASDAQ futures

    17,499.00
    -48.25 (-0.27%)
     

  • VOLATILITY

    18.76
    +0.76 (+4.22%)
     

  • FTSE

    7,837.31
    -39.74 (-0.50%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

  • CAD/EUR

    0.6816
    -0.0005 (-0.07%)
     

Why Riot Platforms, Hut 8 Mining Corp, and HIVE Blockchain Technologies Are Volatile Today

Bram Berkowitz, The Motley Fool
·3 min read
Why Riot Platforms, Hut 8 Mining Corp, and HIVE Blockchain Technologies Are Volatile Today

Shares of the Chinese Bitcoin miner Riot Platforms (NASDAQ: RIOT) traded more than 10% higher earlier today. Shares of Hut 8 Mining Corp (NASDAQ: HUT) traded as much as 19% higher today but now only trade about 8% higher, while shares of HIVE Blockchain Technologies (NASDAQ: HIVE) were up about 14% but now are only up about 4.5%. Riot, Hut 8, and HIVE Blockchain are all Bitcoin miners, meaning their business model involves trying to mine as many Bitcoin as possible in the most efficient manner.

Continue reading