Numbers don't lie. House Positions for Hive, Hut 8 & Glxy. Hive traded "around" 12x the "volume" of Hut 8 & Glxy combined, and "around" 4x the Value of Hut 8 & Glxy COMBINED! Even with the situation that is taking place with Genesis & Frank,
Hive is still the better play. Hive is up
10.64% on the most recent trading day, and Hut 8 & Glxy are up a combined
13.37%.
Bitcoin wasn't even a top ten performer during the 2017 bull run.
Ethereum gained over 9,162% thousand percent during the last bull run, Bitcoin gained 1,318%.
Since December 2018 lows, Ethereum is up 95%, Bitcoin is up 82% from the same time period.
During that same period Hut 8 is up 15.56%, GLXY is up 111.22% & Hive is up 104.8% even after this debacle with Genesis. Hive was up as high as 228% from December lows just days before the news with Genesis, and the day before Hive was up 204%.
The fact Hut 8 is only mining Bitcoin is not a positive.
Hive mines Bitcoin, Ethereum, Zcash & Ethereum Classic.
And if Genesis Mining is running the show you can most likely add Dash to that collection.
To each their own. House Positions for C:HIVE from 20190503 to 20190503 |
7 TD Sec | 401,716 | 206,257 | 0.513 | 196,325 | 100,337 | 0.511 | 205,391 | -105,920 |
85 Scotia | 221,936 | 114,037 | 0.514 | 114,650 | 58,892 | 0.514 | 107,286 | -55,145 |
9 BMO Nesbitt | 233,028 | 119,465 | 0.513 | 185,689 | 95,738 | 0.516 | 47,339 | -23,727 |
33 Canaccord | 52,490 | 26,815 | 0.511 | 7,272 | 3,773 | 0.519 | 45,218 | -23,042 |
53 Morgan Stanley | 40,800 | 20,415 | 0.50 | 0 | | 40,800 | -20,415 |
90 Barclays | 30,000 | 15,600 | 0.52 | 0 | | 30,000 | -15,600 |
13 Instinet | 202,638 | 102,804 | 0.507 | 174,900 | 90,666 | 0.518 | 27,738 | -12,138 |
19 Desjardins | 52,500 | 27,113 | 0.516 | 26,650 | 13,713 | 0.515 | 25,850 | -13,400 |
88 Credential | 44,200 | 22,949 | 0.519 | 23,500 | 11,750 | 0.50 | 20,700 | -11,199 |
57 Interactive | 16,870 | 8,772 | 0.52 | 350 | 175 | 0.50 | 16,520 | -8,597 |
124 Questrade | 41,043 | 20,944 | 0.51 | 30,411 | 15,364 | 0.505 | 10,632 | -5,580 |
39 Merrill Lynch | 6,746 | 3,427 | 0.508 | 600 | 309 | 0.515 | 6,146 | -3,118 |
89 Raymond James | 5,600 | 2,856 | 0.51 | 0 | | 5,600 | -2,856 |
2 RBC | 186,501 | 94,931 | 0.509 | 184,099 | 95,050 | 0.516 | 2,402 | 119 |
28 BBS | 2,000 | 1,040 | 0.52 | 0 | | 2,000 | -1,040 |
14 ITG | 1,000 | 500 | 0.50 | 0 | | 1,000 | -500 |
36 Latimer | 0 | | 6,500 | 3,370 | 0.518 | -6,500 | 3,370 |
143 Pershing | 3,200 | 1,600 | 0.50 | 16,550 | 8,376 | 0.506 | -13,350 | 6,776 |
59 PI | 12,872 | 6,449 | 0.501 | 31,612 | 16,229 | 0.513 | -18,740 | 9,780 |
80 National Bank | 26,300 | 13,603 | 0.517 | 62,200 | 31,750 | 0.51 | -35,900 | 18,147 |
99 Jitney | 214,500 | 109,267 | 0.509 | 251,000 | 130,157 | 0.519 | -36,500 | 20,890 |
1 Anonymous | 675,349 | 346,779 | 0.513 | 742,353 | 378,730 | 0.51 | -67,004 | 31,951 |
79 CIBC | 134,162 | 68,117 | 0.508 | 245,790 | 125,056 | 0.509 | -111,628 | 56,939 |
62 Haywood | 0 | | 305,000 | 154,305 | 0.506 | -305,000 | 154,305 |
TOTAL | 2,605,451 | 1,333,740 | 0.512 | 2,605,451 | 1,333,740 | 0.512 | 0 | 0 |
Here's Hut 8.
House Positions for C:HUT from 20190503 to 20190503 |
2 RBC | 28,000 | 43,397 | 1.55 | 11,215 | 17,373 | 1.549 | 16,785 | -26,024 |
76 Industrial Alliance | 12,500 | 19,374 | 1.55 | 0 | | 12,500 | -19,374 |
9 BMO Nesbitt | 8,300 | 12,872 | 1.551 | 0 | | 8,300 | -12,872 |
57 Interactive | 4,400 | 6,800 | 1.545 | 0 | | 4,400 | -6,800 |
83 Mackie | 4,000 | 6,080 | 1.52 | 0 | | 4,000 | -6,080 |
88 Credential | 3,000 | 4,650 | 1.55 | 0 | | 3,000 | -4,650 |
85 Scotia | 30,900 | 46,691 | 1.511 | 28,800 | 44,068 | 1.53 | 2,100 | -2,623 |
79 CIBC | 2,200 | 3,402 | 1.546 | 600 | 935 | 1.558 | 1,600 | -2,467 |
28 BBS | 650 | 1,007 | 1.549 | 0 | | 650 | -1,007 |
143 Pershing | 490 | 765 | 1.561 | 0 | | 490 | -765 |
22 Fidelity | 500 | 765 | 1.53 | 189 | 285 | 1.508 | 311 | -480 |
36 Latimer | 89 | 134 | 1.506 | 0 | | 89 | -134 |
89 Raymond James | 320 | 486 | 1.519 | 400 | 608 | 1.52 | -80 | 122 |
99 Jitney | 5,500 | 8,425 | 1.532 | 5,600 | 8,685 | 1.551 | -100 | 260 |
53 Morgan Stanley | 200 | 310 | 1.55 | 1,000 | 1,570 | 1.57 | -800 | 1,260 |
124 Questrade | 1,900 | 2,941 | 1.548 | 8,800 | 13,698 | 1.557 | -6,900 | 10,757 |
13 Instinet | 2,000 | 3,040 | 1.52 | 10,900 | 16,905 | 1.551 | -8,900 | 13,865 |
74 GMP | 0 | | 10,000 | 15,500 | 1.55 | -10,000 | 15,500 |
7 TD Sec | 8,414 | 12,988 | 1.544 | 21,870 | 33,447 | 1.529 | -13,456 | 20,459 |
1 Anonymous | 21,600 | 33,096 | 1.532 | 35,589 | 54,149 | 1.522 | -13,989 | 21,053 |
TOTAL | 134,963 | 207,223 | 1.535 | 134,963 | 207,223 | 1.535 | 0 | 0 |
Here's Glxy.
House Positions for C:GLXY from 20190503 to 20190503 |
1 Anonymous | 47,925 | 100,872 | 2.105 | 27,680 | 58,414 | 2.11 | 20,245 | -42,458 |
79 CIBC | 18,798 | 39,498 | 2.101 | 9,938 | 21,006 | 2.114 | 8,860 | -18,492 |
53 Morgan Stanley | 4,000 | 8,415 | 2.104 | 900 | 1,944 | 2.16 | 3,100 | -6,471 |
143 Pershing | 3,000 | 6,360 | 2.12 | 400 | 884 | 2.21 | 2,600 | -5,476 |
85 Scotia | 950 | 1,992 | 2.097 | 0 | | 950 | -1,992 |
14 ITG | 1,830 | 3,853 | 2.105 | 1,340 | 2,790 | 2.082 | 490 | -1,063 |
28 BBS | 300 | 627 | 2.09 | 0 | | 300 | -627 |
39 Merrill Lynch | 80 | 165 | 2.063 | 0 | | 80 | -165 |
68 Leede | 28 | 62 | 2.214 | 98 | 206 | 2.102 | -70 | 144 |
13 Instinet | 1,200 | 2,529 | 2.108 | 1,500 | 3,120 | 2.08 | -300 | 591 |
2 RBC | 100 | 215 | 2.15 | 875 | 1,878 | 2.146 | -775 | 1,663 |
7 TD Sec | 940 | 1,929 | 2.052 | 3,258 | 7,048 | 2.163 | -2,318 | 5,119 |
124 Questrade | 338 | 708 | 2.095 | 3,000 | 6,150 | 2.05 | -2,662 | 5,442 |
80 National Bank | 300 | 627 | 2.09 | 3,000 | 6,178 | 2.059 | -2,700 | 5,551 |
33 Canaccord | 0 | | 4,300 | 9,063 | 2.108 | -4,300 | 9,063 |
15 UBS | 0 | | 23,500 | 49,171 | 2.092 | -23,500 | 49,171 |
TOTAL | 79,789 | 167,852 | 2.104 | 79,789 | 167,852 | 2.104 | 0 | 0 |