#CryptoCorner #Podcast 703: #Stocks discussed: (NasdaqCM: $HIVE) (TSXV: $NTE.V) (NasdaqGM: $BITF) (NasdaqCM: $FTFT)




#CryptoCorner #Podcast 703: #Stocks discussed: (NasdaqCM: $HIVE) (TSXV: $NTE.V) (NasdaqGM: $BITF) (NasdaqCM: $FTFT)


HIVE Invests in Network Entertainment, Inc. for NFT Business, Bitfarms to Construct Two New Production Facilities, and Future FinTech Announces Plans for Paraguay Mining Farm


Point Roberts, WA, Delta BC October 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.


Listen to today’s Crypto Corner Podcast:  



Read this in full at https://www.investorideas.com/news/2021/crypto-corner/10271HIVE-NTE-BITF-FTFT.asp


Get the Crypto Corner Podcast on iTunes


Get the Crypto corner on Spotify


Stocks discussed: (NasdaqCM:HIVE) (TSXV:NTE) (NasdaqGM:BITF) (NasdaqCM:FTFT)


HIVE Blockchain Technologies Ltd. (NasdaqCM:HIVE) is investing $450,000 CAD in Network Entertainment, Inc. (TSXV:NTE), in part as a means to gain exposure to the latter’s emerging non-fungible token (NFT) business. Frank Holmes, HIVE’s Executive Chairman, explained:


"Network has a rich portfolio of intellectual property, and I'm excited to see how it can be monetized using NFTs. Most NFTs operate on the Ethereum [ETH] network, as does its native currency Ether, which HIVE mines, along with Bitcoin, using only 100% green renewable energy. As NFTs increase in demand, so too should the demand for Ether. HIVE is well positioned to benefit from the increased need for Ether, making its investment in Network a potential win-win for both companies."


Bitfarms Ltd. (NasdaqGM:BITF) has announced that it is constructing two new high power production facilities leased in Sherbrooke, Québec, Canada, scheduled to be completed in phases during the first and second quarters of 2022. With a combined capacity of 78 megawatts (MW), the two farms are “expected to accommodate approximately 21,000 new Bitcoin miners and generate approximately 2.1 Exahash/second (EH/s).” Emiliano Grodzki, CEO of Bitfarms, said:


“Committed to increasing our capacity and hashrate in a cost-effective manner, we have been working closely with the City of Sherbrooke to expedite our expansion. Both farms will benefit from our existing cost-effective contracts that supply green hydro power at an average cost of just US four cents per kilowatt hour. Similar to all our other Québec farms, they will be passively cooled by the Canadian climate, reducing total energy consumption and operating costs. Most importantly, while also minimizing the risk of disruptions, these farms continue Bitfarms’ strategy of operating decentralized facilities to boost our capacity and support our goal of achieving 3 EH/s by the end of first quarter of 2022 and 8 EH/s by the end of 2022.”


Future FinTech Group Inc. (NasdaqCM:FTFT) has announced plans to build a cryptocurrency mining farm in Paraguay after having received official invitations from the country's Minister of Social Development and the Mayor of the City of Coronel Oviedo. Shanchun Huang, Chief Executive of Future FinTech, cited Paraguay’s “favorable business policies and competitive energy prices” as reasons for “a marked increase in cryptocurrency mining activities” in the country. He said:


"Given the government of Paraguay's support for the cryptocurrency mining business, as well as our commitment to the space, we plan to carefully assess this development opportunity in Paraguay. We will work with our local consultant to review Paraguay's hydroelectric power and clean energy resources, locations for developing a mining farm and the preferential policy treatment that we might receive for our capital investment. We will plan upon providing updates to our shareholders with additional information regarding this potentially important development 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

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