Investorideas.com breaking Bitcoin, blockchain and crypto stock news

Friday, May 1, 2020

#CryptoCorner: Riot #Blockchain (NASDAQ: $RIOT) Purchases 1,000 Next Gen Miners, tZERO (NasdaqGS: $OSTK) Aims to Combine #Crypto, Security #Token and Stock on Single App


  
#CryptoCorner:  Riot #Blockchain (NASDAQ: $RIOT) Purchases 1,000 Next Gen Miners, tZERO (NasdaqGS: $OSTK) Aims to Combine #Crypto, Security #Token and Stock on Single App



Point Roberts, WA, Delta BC May 1, 2020 -  Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .

Listen to today’s Crypto Corner Podcast:  


Stocks discussed: (NasdaqGS:RIOT) (NasdaqGS:OSTK) (LSE:ARB)

Bitcoin’s (BTC) rally, which began in the middle of this week, has cooled somewhat, having peaked at a trading price of about $9,400 but now trading for $8,860, according to data from CoinMarketCap. With the exception of this recent peak, Bitcoin is still trading at its highest since early March and could resume its rally as the much-hyped halving approaches in the coming weeks.

Riot Blockchain, Inc. (NasdaqGS:RIOT) has purchased 1,000 next generation Bitmain S19 Pro Antminers for USD $2.4 million from BitmainTech PTE. LTD. According to the press release, these new miners “are markedly more energy efficient than prior Bitmain models and other ASIC miners currently available,” which leads the company to expect “its aggregate operating hash rate will increase by 46% to approximately 358 petahash per second.” Bitmain's North American Team stated:

"Bitmain has been working with Riot Blockchain for several years, the company has been using our Antminer products for operating their data centers, and soon to be utilizing the latest technologies we have in our product line-up, the S19 series. We are confident with the continued cooperation and growth they have as they further expand their operations in the mining sector."

CoinDesk reports that tZERO, the security token trading subsidiary of Overstock (NasdaqGS:OSTK), aims to give users access to cryptocurrency, security token and traditional stock trading on a single platform. Specifically, the company intends to combine its currently separate Crypto app with its Alternative Trading System (ATS) app. tZERO CEO Saum Noursalehi told CoinDesk:

“Once we receive regulatory approval, our app will trade cryptocurrencies, security tokens, and traditional stocks. The value of the crypto app users will grow as we add the capability to trade securities on it."

Bitcoin miner Argo Blockchain (LSE:ARB) has reported a 1000 percent increase in revenue for 2019, bringing it to £8.62 million ($10.78 million USD) according to a report from Bitcoin.com. With its more than 17,000 operational miners in Quebec, Argo mined 1,330 Bitcoin owing to a 306 percent increase in its mining capacity. Peter Wall, the company’s CEO, said:

“Having completed a major expansion of our mining infrastructure Argo is on track to deliver strong growth in the first half compared with the corresponding period last year. We entered 2020 with considerable business momentum and an efficient mining platform which puts us in a favourable competitive position to navigate the evolving and dynamic cryptocurrency ecosystem.”

Sam Mowers, Investorideas

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .


The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Cryptocurrency Disclaimer
Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

Download our Mobile App for iPhone and Android 

Contact Investorideas.com
800 665 0411



Get more Bitcoin and Blockchain Investor ideas  – news, articles, podcasts and stock directories 
















1 comment:

  1. Great tips to invest in cryptocurrency. Blockchain is one of the hottest and fastest growing technology in the IT sector.

    Reach Way2Smile (Top Digital Transformation Company in Dubai) if have any questions or suggestions regarding Blockchain

    ReplyDelete

Investorideas.com - CoinDCX Announces US$2.5 Million Strategic Investment from Polychain Capital and Coinbase Ventures

Investorideas.com - CoinDCX Announces US$2.5 Million Strategic Investment from Polychain Capital and Coinbase Ventures www.investorideas.c...