You might feel a sense of regret if you didn’t take a position in Bitcoin or Ethereum when it bottomed out last year, but no worries as there’s much more room for cryptocurrency to run in 2021.
Years ago, we profiled cryptocurrencies and blockchain-related assets that have skyrocketed in value. We were 100% right then, and we’re not even thinking about taking profits now. Folks like Elon Musk and Mark Cuban have good reasons for getting into crypto now as public awareness and corporate adoption are accelerating fast.
They’re a little bit late, but you’re finally seeing hedge funds adding cryptocurrency and mining stocks to their holdings. The smart money’s getting in now, knowing that inflation will continue to destroy fiat currencies (including the U.S. dollar) while Bitcoin and Ethereum have the potential to move much higher.
And while the cryptocurrencies themselves are gaining value quickly, so are crypto miners, which form an essential part of the blockchain’s ecosystem. Without powerful mining equipment, the crypto revolution you’re witnessing today wouldn’t have been possible.
Investing in cryptocurrency mining is easy as you can own one of the most affordable stocks the sector today: HIVE Blockchain Technologies (TSX-V:HIVE, OTCQX: HVBTF), which recently has posted gains even greater than what you’ve seen in Bitcoin and Ethereum.
This is a world-class crypto miner with operations strategically located in Iceland, Sweden, and Canada, where the temperatures are ideal for ultra-cost-efficient mining operations. HIVE is a truly unique global company that mines for Bitcoin, Ethereum, and Ethereum Classic.
One of the main differences between owning cryptocurrency and holding HIVE stock is that with HIVE, you’re taking a stake in a company – and a well-capitalized company at that, with a rock-solid financial position and no shortage of cash and digital assets on hand.
Not only that, but with HIVE you’ll be investing in the cleanest crypto mining operations available, as the company’s green energy-powered facilities are fully compliant and achieve super-efficient, high-performance throughput with minimal power usage.
The company already has a considerable share of the cryptocurrency mining market, but this is set to expand very soon as HIVE just revealed an agreement to expand the footprint of its Sweden GPU mining data center by an immediate 2 MW by the end of April 2021.
93% Of Investors Generate Annual Returns, Which Barely Beat Inflation.
Wealth Education and Investment Principles Are Hidden From Public Database On Purpose!
Build The Knowledge Base To Set Yourself Up For A Wealthy Retirement and Leverage The Relationships We Are Forming With Proven Small-Cap Management Teams To Hit Grand-Slams!
Not only that, but by the end of 2021, HIVE is planning a 30% increase in the company’s Ethereum mining capacity. This will be achieved through an infrastructure re-fitting of a portion of HIVE’s existing facility in Boden, Sweden along with a purchase of new-generation GPU chips and associated mining rigs to house them.
Again, the objectives are cleaner operations and enhanced cost-effectiveness as the new-generation chips are expected to be more efficient than currently available GPU chips on the market while consuming less electricity, which should lead to continuing positive gross margins.
The timing is ideal as the Covid-19 pandemic continues to impact the logistics and supply of miners from Asia. With this major upgrade, HIVE is filling in the gap and doing it better than anyone else could – it’s the right company at the right time, scaling up its operations just as crypto prices climb relentlessly higher.
Chief Editor, CrushTheStreet.com
Governments Have Amassed ungodly Debt Piles and Have Promised Retirees Unreasonable Amounts of Entitlements, Not In Line with Income Tax Collections. The House of Cards Is Set To Be Worse than 2008! Rising Interest Rates Can Topple The Fiat Monetary Structure, Leaving Investors with Less Than Half of Their Equity Intact!
Protect Yourself Now, By Building A Fully-Hedged Financial Fortress!
Legal Notice: No matter how good an investment sounds, and no mater who is selling it, make sure you’re dealing with a registered investment professional. Use the free, simple search at investor.gov
We are not brokers, investment or financial advisers, and you should not rely on the information herein as investment advice. We are a marketing company. If you are seeking personal investment advice, please contact a qualified and registered broker, investment adviser or financial adviser. You should not make any investment decisions based on our communications. Our stock profiles are intended to highlight certain companies for YOUR further investigation; they are NOT recommendations. The securities issued by the companies we profile should be considered high risk and, if you do invest, you may lose your entire investment. Please do your own research before investing, including reading the companies’ SEC filings, press releases, and risk disclosures. Information contained in this profile was provided by the company, extracted from SEC filings, company websites, and other publicly available sources. We believe the sources and information are accurate and reliable but we cannot guarantee it.
Please read our full disclaimer at CrushTheStreet.com/disclaimer