#CryptoCorner #Podcast 662: #Stocks discussed: (NasdaqCM: $HVBT) (TSXV: $FORT.V) (CSE: $AQUA.C)
#CryptoCorner #Podcast 662: #Stocks
discussed: (NasdaqCM: $HVBT) (TSXV: $FORT.V) (CSE: $AQUA.C)
HIVE
Reaches Over 1 Exahash Per Second, Fortress Reports Operations Results, and
Aquarius AI Enters Agreement to Buy 500 Bitcoin Miners
Point Roberts, WA, Delta BC August 27,
2021 - 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 cryptocurrency stocks and the crypto market.
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Stocks discussed: (NasdaqCM:HVBT)
(TSXV:FORT) (CSE:AQUA)
HIVE Blockchain Technologies Ltd. (NasdaqCM:HVBT) has announced that its global
hash rate from Bitcoin (BTC) mining will exceed 1 Exahash per
second today. This follows the company’s receipt of 1,845 Bitcoin miners with a
total hashrate of 172 Petahash per second in the last 24 hours. Frank Holmes,
Executive Chairman of HIVE, commented:
"This
is a monumental achievement for us as we continue to our goal of over 3 EX/s by
the end of fiscal 2022, including the conversion of ETH, a goal which is
greatly supported by today's announcement of new miner deliveries. This
achievement has been challenging because of the global shortages in chips and
logistics delays in shipping equipment from Asia due to Covid 19."
Fortress Technologies Inc. (TSXV:FORT) has released the results of its operations for
the second quarter and six months period ended June 30, 2021. This includes the
company’s strategic venture with Great American Mining LLC (GAM) aimed at
developing and operating environmentally sustainable Bitcoin mining containers.
Of the 12 of these containers already commissioned, four are actively hashing
in the field producing approximately 52 PH/s. The company’s outgoing President
and CEO, Aydin Kilic, commented:
“As
the founder of Fortress Blockchain Corp, I am pleased to see our company evolve
into a specialized ESG conscious Bitcoin miner as Fortress Technologies Inc.
Additionally, it has been an honor to serve at the pleasure of this board as
CEO and President. Fortress is well positioned for continued prosperity, and in
my view represents an excellent value proposition for investors seeking
companies that are reducing carbon footprints through their operations, or
companies which mine or hold Bitcoin. The superb business experience of our
board members will continue to benefit shareholders through strategic
allocation of capital.”
Aquarius AI Inc. (CSE:AQUA) has entered into a letter agreement giving it
the right to purchase 500 next generation Bitmain Antminer S19 Pro 110 TH/s
Bitcoin Mining Rigs. A quote taken from the firm’s management on the
subject reads:
“The
Company has been researching opportunities related to Bitcoin Mining for over
six months and is very pleased to have secured the rights contained in the
Purchase Agreement. The Company believes that certain market forces have come
together to make the Bitcoin Mining opportunity a timely next step."
Sam
Mowers, Investorideas
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