3 Cryptomining Stocks to Profit From The Bitcoin Boom
It's hard to ignore the signs that Bitcoin (CRYPTO: BTC) is gaining mainstream acceptance. Retailers from cinema chains to grocery stores and others are starting to accept cryptocurrencies for payments. According to a Blockdata report, Bitcoin processed 62% more transactions by dollar value than PayPal (NASDAQ: PYPL) in 2021. Now, investors can benefit from bitcoin's potential without ever owning a coin directly, thanks to bitcoin mining stocks.
Among the multiple bitcoin miners we will look at three in particular: Argo Blockchain (NASDAQ: ARBK), Hut 8 Mining (NASDAQ: HUT), and Riot Blockchain (NASDAQ: RIOT).
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Source Fool.com
