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Seeking Alpha 2021-12-06 15:50:36

HIVE Blockchain: Much More Than Just Mining Bitcoins But Volatile Too

In addition to diversification into both Bitcoin and Ethereum mining, HIVE Blockchain holds digital currency assets and has made strategic investments in NFTs and DeFi.The miner also has the best gross margins with respect to peers.The volatility grappling crypto stocks should continue due to impending regulatory measures, in addition to inflationary concerns impacting growth names.Still, learning from big techs who have to repeatedly face Congressmen eyeing their business models, crypto firms are likely to face a lot of scrutinies, but it is unlikely for lawmakers to put a stop to a thriving industry.For those who can stomach volatility, an investment in HIVE makes sense, amid more talks about the "deflationary effect" of cryptocurrencies, especially Ether.

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