#CryptoCorner #Podcast 590: #Stocks discussed: (NasdaqCM: $NCTY) (TSXV: $DMGI.V) (OTC: $ARBKF) (CSE: $GBLC.C)
#CryptoCorner #Podcast 590: #Stocks
discussed: (NasdaqCM: $NCTY) (TSXV: $DMGI.V) (OTC: $ARBKF) (CSE: $GBLC.C)
The9
Signs 3 Agreements for Chia #Cryptocurrency, DMG and Argo Partner with #Crypto
Climate Accord, and Graph #Blockchain to Acquire Crypto Launchpads Service
Provider
Point Roberts, WA, Delta BC May 14, 2021
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The9
Limited (NasdaqCM:NCTY) has signed three Chia (XCH) cryptocurrency mining
machine purchase and cloud service leasing agreements with three unrelated
vendors. Chia is also known as the "Green Bitcoin Alternative,” and “is
considered to be a more green and environmentally friendly blockchain
technology,” than Bitcoin (BTC).
DMG
Blockchain Solutions Inc. (TSXV:DMGI) and Argo Blockchain (OTC:ARBKF) announced a partnership in the Crypto Climate Accord (CCA)
to promote the decarbonization of the cryptocurrency industry. This aims to
reduce overall emissions for the crypto industry and deploy “new technologies
that increase the transparency of the renewable energy sourcing of crypto
mining.” DMG’s CEO Sheldon Bennett commented:
“Since our inception, DMG has been
committed to transparency and good governance. Partnering with the Crypto
Climate Accord alongside Argo allows us to apply those values to put us on a
path to become a more sustainable industry. Together, we can finally put the
wheels in motion to transition the cryptocurrency industry into one that
focuses on renewable energy.”
Peter
Wall, CEO of Argo, said:
“As more data continues to surface
regarding Bitcoin and Bitcoin mining’s impact on the environment, it’s
imperative that the industry takes real, tangible action. The Crypto Climate
Accord helps lay the groundwork for that action and we are both eager and
determined to ensure that supporters and signatories remain committed to the
CCA’s goals.”
Graph
Blockchain Inc. (CSE:GBLC) has entered into a letter of intent to acquire
Crypto Launchpads service provider Beyond the Moon Inc. The press release
defines Crypto Launchpads as “crypto projects designed to promote and introduce
upcoming projects to the crypto market.” Graph Blockchain CEO Paul Haber said:
"One of our stated objectives has
been to educate our shareholders on all areas of the crypto market. Providing
our shareholders with exposure to new crypto tokens through quality IDO's
[Initial Decentralized Exchange Offerings] is an essential piece of that
education and of the crypto markets. We are excited to be acquiring the Target
[Beyond the Moon Inc.] to add this element to our business."
Sam
Mowers, Investorideas
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