Advertisement
UK markets closed

  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     

  • CRUDE OIL

    82.59
    -0.22 (-0.27%)
     

  • GOLD FUTURES

    2,342.20
    +3.80 (+0.16%)
     

  • DOW

    37,996.94
    -463.98 (-1.21%)
     

  • Bitcoin GBP

    51,492.36
    -211.52 (-0.41%)
     

  • CMC Crypto 200

    1,386.47
    +3.89 (+0.28%)
     

  • NASDAQ Composite

    15,549.03
    -163.72 (-1.04%)
     

  • UK FTSE All Share

    4,387.94
    +13.88 (+0.32%)
     
Stocks:

Trending tickers

Microsoft, Alphabet, Anglo American, IBM, Astrazeneca, Unilever and Sainsbury's

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