HIVE Blockchain Technologies vs Bitfarms Which Performs Better?

Hive Blockchain Technologies and Bitfarms are both publicly traded companies that operate in the cryptocurrency mining industry. Hive focuses on mining Ethereum and Bitcoin, while Bitfarms primarily mines Bitcoin. Both companies have seen fluctuations in their stock prices due to the volatile nature of the cryptocurrency market. Investors should carefully consider factors such as mining efficiency, production capacity, and overall market trends when deciding to invest in either Hive or Bitfarms stocks.

HIVE Blockchain Technologies or Bitfarms?

When comparing HIVE Blockchain Technologies and Bitfarms, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between HIVE Blockchain Technologies and Bitfarms.

Dividend Investors:

Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company. HIVE Blockchain Technologies has a dividend yield of -%, while Bitfarms has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. HIVE Blockchain Technologies reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, Bitfarms reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.

Value Investors:

Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with HIVE Blockchain Technologies P/E ratio at -30.54 and Bitfarms's P/E ratio at -6.77. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. HIVE Blockchain Technologies P/B ratio is 1.62 while Bitfarms's P/B ratio is 1.69.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, HIVE Blockchain Technologies has seen a 5-year revenue growth of 5.25%, while Bitfarms's is -0.06%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with HIVE Blockchain Technologies's ROE at -5.96% and Bitfarms's ROE at -31.13%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are $3.77 for HIVE Blockchain Technologies and $1.93 for Bitfarms. Over the past year, HIVE Blockchain Technologies's prices ranged from $2.18 to $5.74, with a yearly change of 163.30%. Bitfarms's prices fluctuated between $1.52 and $3.91, with a yearly change of 157.24%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.