Is Riot Blockchain a No-Brainer Buy After the Bitcoin Halving?
Riot Platforms(RIOT) The Motley Fool·2024-06-15 20:53
Lower mining rewards, rising financial stakes -- can Riot Platforms shine after the Bitcoin halving? Let's find out.The Bitcoin (BTC -1.22%) halving event took place in April, as expected. Bitcoin miners now get half the rewards for the same amount of work. Are mining specialists like Riot Platforms (RIOT -4.10%) facing insurmountable economic challenges now, or are they poised to skyrocket on the back of a soaring Bitcoin price? Or does the truth lie somewhere in between?Let's take a closer look at Riot Pl ...