Here's a Top Bitcoin Mining Stock to Buy Now
Bitcoin's (CRYPTO: BTC) soaring share price -- up more than 357% in the past 12 months -- has driven a huge increase in interest in mining the coin for profit. Unfortunately, there's one big hurdle for those who'd like to get in on the action: The cost of the machines used to mine coins runs about $16,000 each -- and it's not as if you need just one of them.
But investors don't have to lay out a small fortune to start mining. What's much more accessible is investing in Bitcoin mining companies that already have rigs set up. One such promising venture is Hut 8 Mining (NASDAQ: HUT), which has soared by more than 1,000% in the past year.
Source Fool.com
