#CryptoCorner #Podcast 686: #Stocks discussed: (NasdaqCM: $MARA) (NasdaqGS: $HUT) (NasdaqGS: $EBON)




#CryptoCorner #Podcast 686: #Stocks discussed: (NasdaqCM: $MARA) (NasdaqGS: $HUT) (NasdaqGS: $EBON)


Marathon and Hut 8 Publish September Updates, and Ebang International Announces Six Month Financial Results


Point Roberts, WA, Delta BC October 4, 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:  



Read this in full at https://www.investorideas.com/news/2021/crypto-corner/10041MARA-HUT-EBON.asp


Get the Crypto Corner Podcast on iTunes


Get the Crypto corner on Spotify


Stocks discussed: (NasdaqCM:MARA) (NasdaqGS:HUT) (NasdaqGS:EBON)


Marathon Digital Holdings, Inc. (NasdaqCM:MARA) has published unaudited bitcoin (BTC) production and miner installation updates for the month of September 2021. Highlights include third quarter production of 1,252.4 newly-minted bitcoins – an increase of 91 percent quarter-over-quarter, and the production of 340.6 newly-minted bitcoins during September alone. The company also announced a new $100 million revolving line of credit (RLOC) with Silvergate Bank. CEO Fred Thiel explained:


“Due to Marathon’s positive track record, our growth trajectory, our position as one of the largest holders of bitcoin among publicly traded companies in the U.S., and the broader maturation of our industry, we were able to obtain a $100 million revolving line of credit with Silvergate Bank, which is secured by our bitcoin holdings and USD. This instrument is consistent with our strategy to focus on agility as it enhances our ability to act opportunistically and in a manner that is efficient for both our business and our shareholders. By having this line of credit in place, we believe Marathon is better positioned to continue growing over the coming quarters.”


Hut 8 Mining Corp. (NasdaqGS:HUT) has shared its own corporate update featuring production highlights for the month of September 2021. During the month, the company mined 264 bitcoins – with an average production rate of 9.11 bitcoins per day, and received and installed “600 servers consisting of 2400 NVIDIA cryptocurrency mining processors ("CMPs") graphics processing unit ("GPUs"), resulting in a daily earning of 7.10 ETH, equivalent to 0.5 BTC/day totaling $25,000 CAD in income per day.” Hut 8’s CTO, Jason Zaluski, commented:


"Our current capacity of deployed CMP GPU miners will continue to earn $25,000 CAD per day, ramping up to the full capacity earnings over this period, which is expected to be at $110,000 CAD per day, based upon current mining economics. Hut 8's full CMP deployment has been hampered by the supply chain constraints and manufacturing shortages many industries are experiencing globally," said Jason Zaluski, Chief Technology Officer, Hut 8 Mining. "We continue to work with our technology partners and we anticipate this issue to be resolved early in Q4."


Ebang International Holdings Inc. (NasdaqGS:EBON) has announced its unaudited financial results for the first six months of fiscal year 2021. The company, which manufactures Bitcoin miners and designs ASIC chips, recorded net revenues of $18.30 million – up 65.69 percent period-over-period from 2020, and a gross profit of $5.64 million. Dong Hu, Ebang’s Chairman and CEO, outlined some of the company’s plans moving forward:


“To achieve long-term stable growth, the company plans to vigorously develop financial technology (FinTech) business, while steadily carrying out research and development as well as sales business of mining machines of Bitcoin and other cryptocurrencies such as Litecoin [LTC] and Dogecoin [DOGE]. The Company plans to gradually launch software-as-a-service (SaaS) businesses on some of its platforms, aiming to provide a full set of FinTech solutions to industry players who lack technical support and security.”


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


Follow us on Twitter https://twitter.com/Investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

Download our Mobile App for iPhone and Android 


Join our Investor Club https://www.investorideas.com/membership/


Contact Investorideas.com





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