HIVE Blockchain Technologies Ltd (HIVE)

[77Port]

Whoever compared Hive to Riot: seems true that HVBTF is a stronger company than RIOT. 3x the revenue and, despite less cash on hand, is no longer losing money. One downside is that Hive has 346 million shares to Riot's 67 mil. That is a big difference. But Hive shows positive cash flow of 5.5 mil while Riot loses money at -12.75 mil. So Hive is bigger and leaner. How is Riot losing so much money? perhaps this is why Riot has more short interest compared to Hive. If Hive keeps doing what it's doing, it may drive share price into the stratosphere. One real concern is competition. Recent news is that big names are moving into Texas, wanting to turn it into a crypto-mining boom, as in the old oil and gold booms of the past. If crypto becomes actually useful in the world of real commerce, the big question is whether Hive can be competitive against the likes of Elon Musk and Peter Thiel. If HIVE can succeed in that ring, then Hive might just fly us to the moon. Let Elon lead the way. All Hive has to do is keep it's head in the real game of positive cash flow and stay the course.

MARA I don't know much about, but it appears to also be a once real miner turned crypto miner, hoping to ride the crypto/gold boom. They seem serious and are buying mining machines to get the job done.

For fun, if you want to see the original gold boom, go to HBO-on-demand and watch the entire series of Deadwood. It's awesome and a close-to-real depiction of South Dakota during the gold boom, before SD was even a US state.