Here's How Equity Investors Can Play Ethereum’s Merge

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How does an equity investor play ethereum's forthcoming Merge? The choices are limited but there are some options, including coinbase and some other lesser known stocks. By Aoyon_A

having scrutinized the PoW process in recent months. “Successful Merge could increase scrutiny and U.S. jurisdiction risk on energy-intensive PoW mining,” said Cowen’s Glagola.

Miners exposed to ether mining, such as Hive Blockchain and Hut 8 Mining , could also be affected because they will have to pivot to other mineable coins such as ethereum classic or repurpose their available fleets of graphics processing units . Both companies areChipmakers such as Nvidia and Advanced Micro Devices for the GPUs may also see knock-on effects resulting from the Merge.

This could be particularly true for chip giant Nvidia as it continued to see its cryptocurrency mining processor There are some other smaller stocks exposed to the Ethereum network’s upgrade. Canadian listed Ether Capital is one. The company focuses on yield generation and providing infrastructure that supports the Ethereum ecosystem, according to its website. It owned 44,600 ether and staked ether as of Aug.

 

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