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Benzinga
Benzinga
Business
Robert Kuczmarski

Why Are Cryptocurrency Miners Such As Riot Blockchain, Marathon Digital Holdings Relocating?

Marathon Digital Riot Riot Blockchain blockchain Nasdaq Crypto Cryptocurrency Marathon Digital Holdings, Inc Riot Blockchain Inc Bitcoin

As of Friday morning, cryptocurrency miners such as Marathon Digital Holdings Inc (NASDAQ:MARA) and Riot Blockchain Inc (NASDAQ:RIOT) have risen 16% and 5.4% respectively, moving in a positive direction away from recent lows.

New York Legislation Update: New York lawmakers are now awaiting Gov. Kathy Hochul’s decision to sign or veto the two-year moratorium on crypto mining operations using proof-of-work authentication methods, unless 100% renewable energy is used.

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