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Thursday, October 21, 2021

Cryptocurrency Stock News: HIVE (TSX.V: HIVE) (OTCQX: HVBTF) Increasing Hashpower By 585 PH/s By Buying 6,500 High Performance Bitcoin Miners

Cryptocurrency Stock News: HIVE (TSX.V: HIVE) (OTCQX: HVBTF) Increasing Hashpower By 585 PH/s By Buying 6,500 High Performance Bitcoin Miners

#CryptoCorner #Podcast 699: #Stocks discussed: (NasdaqGS: $HUT) (NasdaqCM: $HIVE) (NasdaqCM: $CAN) (TSXV: $DGHI.V)

 



 

 

 

#CryptoCorner #Podcast 699: #Stocks discussed: (NasdaqGS: $HUT) (NasdaqCM: $HIVE) (NasdaqCM: $CAN) (TSXV: $DGHI.V)

 

Hut 8 Purchases 12,000 MicroBT Miners, HIVE Announces Purchase of 6,500 Miners, and Digihost Reports Q3 Financial Results

 

Point Roberts, WA, Delta BC October 21, 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.

 

Listen to today’s Crypto Corner Podcast:  

https://www.investorideas.com/Audio/Podcasts/2021/102121-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/10211HUT-HIVE-CAN-DIGI.asp

 

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Stocks discussed: (NasdaqGS:HUT) (NasdaqCM:HIVE) (NasdaqCM:CAN) (TSXV:DGHI)

 

Hut 8 Mining Corp. (NasdaqGS:HUT) has announced that it has executed on a $58.7 million USD purchase of 12,000 new MicroBT M30S, M30S+ and M30S++ miners from Inchigle Technology Hong Kong Limited, with aggregate incremental production of 1.17 EH/s. Delivery is expected to begin in January 2022, at a rate of about 1,000 machines per month, with full deployment anticipated by December 2022. Hut 8’s CEO, Jaime Leverton, said:

 

"We are thrilled to announce our latest strategic purchase of new MicroBT equipment. The strength of our relationship with MicroBT enabled us to quickly execute on this compelling investment opportunity. While timing relative to Bitcoin [BTC] achieving an all-time high is coincidence, this investment serves to reinforce our commitment to efficiently mine and Hodl Bitcoin."

 

HIVE Blockchain Technologies Ltd. (NasdaqCM:HIVE) has announced the purchase of 6,500 next generation Bitcoin miners with an aggregate hash power of 585 Petahash per second (PH/s). The company’s Executive Chairman, Frank Holmes, explained:

 

"We are pleased to be building on our strategic alliances with leading ASIC manufacturer Canaan [NasdaqGM:CAN] to achieve our goals and drive value for our shareholders, with executing on a transaction that increases our cash flow and green mining capacity. HIVE currently has approximately 1.2 Exahash per second (EH/s) of Bitcoin mining capacity, and with this new purchase, HIVE's Bitcoin ASIC pipeline will be at 2 EH/s by December 2021, and 3 EH/s by March 2022. In addition to this, we are expanding our current active Ethereum [ETH] mining capacity from approximately 4,000 Gigahash per second (GH/s), to 6,000 GH/s in new facilities in Sweden."

 

Digihost Technology Inc. (TSXV:DGHI) has reported its financial results for the third quarter ended September 30, 2021. Highlights include $5.5 million in revenue for digital currency mining in the quarter – up 1,153 percent over Q3 in 2020, and a total comprehensive income of $2.9 million in Q3 this year – up from the comprehensive loss of $1.7 million in Q3 of 2020. Michel Amar, CEO of Digihost, commented:

 

“It is rewarding for the Company to announce strong Q3 financial results generating record top-line revenue growth for the second consecutive quarter along with positive net income. The Company’s improved financial performance is directly related to Digihost’s dedicated focus to managing costs and continued growth in our mining operations. With additional miners arriving in Q4 2021 and in early 2022, Digihost expects to aggressively expand its mining capacity as previous investments in infrastructure are expected to drive continued growth for the Company.”

 

Sam Mowers, Investorideas

 

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

 

Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood , Acorn, Stash  and others.

 

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

The Crypto Corner is part of the Investor Ideas Membership content

The Investorideas.com podcasts are also available on Apple Podcasts ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts  and most audio platforms available.

 

Visit the Podcast page at Investorideas.com: https://www.investorideas.com/Audio/

 

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

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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

 

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Wednesday, October 20, 2021

Cryptocurrency Stock News: Graph Blockchain's (CSE: GBLC) Babbage Mining Profited 88%

Cryptocurrency Stock News: Graph Blockchain's (CSE: GBLC) Babbage Mining Profited 88%

#CryptoCorner #Podcast 698: #Stocks discussed: (NYSEArca: $BITO) (NasdaqCM: $RIOT) (CSE: $BIGG.C)

 



 

 

#CryptoCorner #Podcast 698: #Stocks discussed: (NYSEArca: $BITO) (NasdaqCM: $RIOT) (CSE: $BIGG.C)

 

Bitcoin Hits New ATH, Riot Blockchain Developing Immersion-Cooled Mining Tech, and BIGG Reports 450 Bitcoins in Treasury

 

Point Roberts, WA, Delta BC October 20, 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.

 

Listen to today’s Crypto Corner Podcast:  

https://www.investorideas.com/Audio/Podcasts/2021/102021-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/10201BITO-RIOT-BIGG.asp

 

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Stocks discussed: (NYSEArca:BITO) (NasdaqCM:RIOT) (CSE:BIGG)

 

Bitcoin (BTC) has claimed a new all-time high (ATH) trading price this morning, having rocketed past its former peak of $64,900 – set in April this year – and being priced at roughly $66,500, at press time, according to data from CoinMarketCap. This, of course, is largely fuelled by the recent debut of trading of the ProShares Bitcoin Strategy ETF (NYSEArca:BITO), which recorded around $1 billion in volume on its opening day, according to Cointelegraph.

 

Riot Blockchain, Inc. (NasdaqCM:RIOT) is developing ​​200 megawatts (MW) of immersion-cooled Bitcoin Mining Infrastructure technology at its Whinstone facility. This development will encompass two buildings under construction at the facility, and “is expected to host approximately 46,000 S19 Antminers from Riot’s already-purchased miner fleet.” Jason Les, CEO of Riot, said:

 

“After months of research and development, utilizing partnerships across industries, Riot is proud to be a pioneer in the use of cutting-edge immersion-cooling technology at an unprecedented scale. By leveraging technology, industry-leading low power costs, and economies of scale, Riot intends to continue driving operating and capital efficiencies for its self-mining business and its institutional clients. Due to these efficiencies, we anticipate observing an increase in the Company’s hash rate and productivity through 2022, without having to rely solely on purchasing additional ASICs.”

 

BIGG Digital Assets Inc. (CSE:BIGG) has announced that its treasury holds over 450 Bitcoins, with a market value of CAD ~$35 million as of October 19, 2021. Furthermore, the company’s online cryptocurrency brokerage subsidiary, Netcoins, also reports that “customer deposits, of crypto and fiat, on the Netcoins trading platform now exceeds CAD $85 million up from CAD ~$45 million in March 2021.” BIGG’s CEO, Mark Binns, said:

 

“As we continue to build our core businesses, Blockchain Intelligence Group and Netcoins, we are pleased to also manage our treasury with a mix of Bitcoin and fiat. Our Bitcoin holdings continue to perform very well, and we expect to see significant upside in the value of Bitcoin over the coming months and quarters. We are also equally pleased to see the growth in assets under custody at Netcoins - demonstrating that our customers are putting more of their hard earned money to work trading crypto at Netcoins than ever before.”

 

Sam Mowers, Investorideas

 

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

 

Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood , Acorn, Stash  and others.

 

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

The Crypto Corner is part of the Investor Ideas Membership content

The Investorideas.com podcasts are also available on Apple Podcasts ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts  and most audio platforms available.

 

Visit the Podcast page at Investorideas.com: https://www.investorideas.com/Audio/

 

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

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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

 

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Tuesday, October 19, 2021

Floor NFT Announces New Artistic Collectibles on the Ethereum Blockchain

Floor NFT Announces New Artistic Collectibles on the Ethereum Blockchain

Cryptocurrency Stock News: Bluesky (CSE: BTC) Announces $1.2 Million Dollar Strategic Mining Hardware Acquisition

Cryptocurrency Stock News: Bluesky (CSE: BTC) Announces $1.2 Million Dollar Strategic Mining Hardware Acquisition

Cryptocurrency Stock News: Epazz's (OTC Pink: EPAZ) CryObo Technology to Digitalize Harvests for Ireland Farmers Using Blockchain and Drone Technology

Cryptocurrency Stock News: Epazz's (OTC Pink: EPAZ) CryObo Technology to Digitalize Harvests for Ireland Farmers Using Blockchain and Drone Technology

#CryptoCorner #Podcast 697: #Stocks discussed: (NasdaqGS: $FB) (NasdaqGS: $COIN)

 



 

 

#CryptoCorner #Podcast 697: #Stocks discussed: (NasdaqGS: $FB) (NasdaqGS: $COIN)

 

Commentary from YIELD App CEO Tim Frost ‘”Comparative performance in Bitcoin could see the asset rocket past the $300,000 level.”, and Facebook Begins Pilot Testing for Novi Digital Wallet with Coinbase

 

Point Roberts, WA, Delta BC October 19, 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.

 

Listen to today’s Crypto Corner Podcast:  

https://www.investorideas.com/Audio/Podcasts/2021/101921-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/10191FB-COIN.asp

 

Get the Crypto Corner Podcast on iTunes

 

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Stocks discussed: (NasdaqGS:FB) (NasdaqGS:COIN)

 

For today’s edition of Crypto Corner, we have featured the following excerpt from commentary written by Tim Frost, CEO of YIELD App, from October 18. YIELD App provides an innovative digital asset wealth management platform that bridges traditional and decentralized finance in the easiest way possible. For more info on YIELD App, check out www.yield.app

 

Bitcoin [BTC] is holding above $60k following the signaled approval of a futures ETF from ProShares, but whether it touches the fabled $100k this year will depend on the next few days. If it can hold $60k and even push through the all-time high of $64,804 achieved in April this week, we may see a big Christmas present for Bitcoin investors.

 

With the ETF approval assumed by many to be locked in already, price speculation amongst crypto and traditional investors alike has seen some astronomical price targets. If we turn to historical data points, the approval of the first Gold-based ETF in 2004 preceded an unprecedented rally in the underlying commodity, topping out at a 5x increase in price. Comparative performance in Bitcoin could see the asset rocket past the $300,000 level.

 

Approval of the ProShares ETF would no doubt open the flood gates to the listing of outstanding Bitcoin ETFs awaiting approval in the backlog. A total of 19 other institutions are on the roadmap to get the nod forward, including big names such as Galaxy Digital, Valkyrie, and VanEck, who have expressed a desire to enter the race with their own product offering.

 

Cointelegraph reports that Facebook (NasdaqGS:FB), along with Coinbase (NasdaqGS:COIN) and Paxos, began the pilot testing phase for its forthcoming Novi digital wallet project in the United States and Guatemala today. This allows for “a small cohort of users in both countries,” to download the wallet’s app on iPhone or Android devices “and add money to their accounts with a debit card,” whereupon they can “send and receive money using Pax Dollar (USDP), a dollar-backed stablecoin issued by blockchain trust company Paxos.” Coinbase, which manages $180 billion in assets, will custody customers’ funds. Facebook “intends to launch Novi along with its Diem payment network once regulatory approval is granted.”

 

Sam Mowers, Investorideas

 

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

 

Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood , Acorn, Stash  and others.

 

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

The Crypto Corner is part of the Investor Ideas Membership content

The Investorideas.com podcasts are also available on Apple Podcasts ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts  and most audio platforms available.

 

Visit the Podcast page at Investorideas.com: https://www.investorideas.com/Audio/

 

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

 

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Cryptocurrency Stock News: HIVE (TSX.V: HIVE) (OTCQX: HVBTF) Increasing Hashpower By 585 PH/s By Buying 6,500 High Performance Bitcoin Miners

Cryptocurrency Stock News: HIVE (TSX.V: HIVE) (OTCQX: HVBTF) Increasing Hashpower By 585 PH/s By Buying 6,500 High Performance Bitcoin Miners