Hive Blockchain Outperforms Crypto Miners as Ether Reaches All-Time High

Hive Blockchain Outperforms Crypto Miners as Ether Reaches All-Time High
Hive Blockchain, which is among the largest publicly traded crypto miners of ether, outperformed its peers after the price of the native token of Ethereum, climbed to a record.Hive (NASDAQ: HIVE) shares rose almost 3% at 10 a.m. in New York, while its peers, which predominantly mine bitcoin, were mostly flat-to-negative on Friday.Among the publicly traded companies, the Canadian miner is most exposed to ether mining and also mines Ethereum Classic and bitcoin.Hive had about $63 million of ether, which is 77% of the digital currency holdings on its balance sheet, according to a June 30 quarterly filing. It also…