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tron
TRON (TRX) $ 0.1683
bitcoin
Bitcoin (BTC) $ 70,518.89
ethereum
Ethereum (ETH) $ 2,521.66
tether
Tether (USDT) $ 0.998983
bnb
BNB (BNB) $ 576.89
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.510486
binance-usd
BUSD (BUSD) $ 0.994636
dogecoin
Dogecoin (DOGE) $ 0.162134
cardano
Cardano (ADA) $ 0.342742
solana
Solana (SOL) $ 169.22
matic-network
Polygon (MATIC) $ 0.32108
polkadot
Polkadot (DOT) $ 3.96
tron
TRON (TRX) $ 0.1683
More

    Marathon, Riot amongst most overvalued Bitcoin mining shares: Report

    Latest News

    (BTC) mining heavyweights Marathon Digital (NASDAQ:) and Riot Platforms (NASDAQ:) are among the many most overvalued crypto mining corporations relative to their rivals, says MinerMetrics founder and analyst Jaran Mellerud.

    The important thing metric backing Mellerud’s declare is enterprise value-to-sales ratio — measuring an organization’s worth to its gross sales income. The upper the ratio, the extra overvalued an organization is.

    Mining shares valuation by way of EV-to-Gross sales ratio. Supply: MinerMetrics
    Mining shares valuation by way of EV-to-Hashrate ratio. Supply: MinerMetrics

    Proceed Studying on Cointelegraph

    See also  Driving liquidity and effectivity: The important function of crypto market makers

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