Previous Close | 7.13 |
Open | 7.27 |
Bid | 7.16 x 1200 |
Ask | 7.22 x 4000 |
Day's Range | 6.47 - 7.35 |
52 Week Range | 5.97 - 46.28 |
Volume | |
Avg. Volume | 9,292,361 |
Market Cap | 844.061M |
Beta (5Y Monthly) | 4.20 |
PE Ratio (TTM) | 38.51 |
EPS (TTM) | 0.19 |
Earnings Date | Mar 29, 2022 - Apr 04, 2022 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Oct 12, 2017 |
1y Target Est | 36.52 |
The U.S. is now the largest bitcoin miner in the world, and Riot Blockchain (NASDAQ: RIOT) owns the largest bitcoin mining operation in North America. Is Riot a better investment than the bitcoin it mines? To produce new bitcoin, miners like Riot use powerful computers to solve increasingly difficult cryptographic problems called hashes, confirming transactions on the bitcoin blockchain.
This week has been a rather disparate one among various Bitcoin (CRYPTO: BTC) mining stocks. Chinese-based cryptocurrency miners and mining-related stocks have outperformed their U.S. counterparts by an incredible degree, due to reports that underground mining operations have made China the second-largest Bitcoin mining market in the world. As of 10:30 a.m. ET today, Hong Kong-based Bit Mining (NYSE: BTCM) rose 54% over the past week, with Beijing-based Canaan (NASDAQ: CAN) surging 9.7% since last Friday's close.
‘Rich Dad Poor Dad’ is looking to back up the truck.