Riot Blockchain, Inc. (RIOT)
After hours:
- Bloomberg
Texas Bitcoin Miners Face Damage, Higher Power Costs From Ice Storms
(Bloomberg) -- Bitcoin miners in Texas are suffering from yet another storm as they scale back operations due to spiking electricity costs while facing damages on their machines from the extreme weather.Most Read from BloombergMerck Covid Drug Linked to New Virus Mutations, Study SaysPorsche Blunder Puts $148,000 Sportscar on Sale for Just $18,000Plenty of Americans Are Drinking Bleach, Still for Sale on AmazonNational Archives Releases Records Tied to Trump Classified Documents8,000 Layoffs Don
- Motley Fool
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.
- CoinDesk
Left for Dead Crypto Names Roar Higher as Bitcoin Bounces
Bitcoin has risen more than 15% thus far this year, and is holding above $19,000 for the first time in a month.
