Bitcoin mining has been discussed in one previous write up. With a surge in the price of bitcoins, crypto-mining too is booming. In a span of month Argo which is mining company has increased its market value from 25 million pounds to 300 million pounds. In mining cryptocurrencies high powered computers are used to solve complex problems. This company operates in the US and in northern Quebec.

There is a fear of tumble as it happened in 2017. However, then the investment had flow from retail investments. These days the funds flow from institutional investors. And so this rally would end differently.

Central Banks too are interested in introducing their own digital currency. This would help the sector more.

As industry becomes more mainstream, regulatory environment would evolve too. In the meantime, crypto derivatives could be banned for the retail investors. In the US, firms would like to have crypto tracking ETFs, but these have not been permitted.