#CryptoCorner #Podcast 786: #Stocks discussed: (NasdaqGM: $CAN) (NasdaqGS: $HUT) (NasdaqCM: $MIGI)

 

 

 

#CryptoCorner #Podcast 786: #Stocks discussed: (NasdaqGM: $CAN) (NasdaqGS: $HUT) (NasdaqCM: $MIGI)

 

Canaan Reports 2021 Financial Results, Hut 8 Achieves Record BTC Holdings, and Mawson to Expand Sandersville, Georgia Facility

 

Vancouver, Kelowna, Delta, BC March 3, 2022 -  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/2022/030322-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2022/crypto-corner/03031CAN-HUT-MIGI.asp

 

Get the Crypto Corner Podcast on iTunes

 

Get the Crypto corner on Spotify

 

Stocks discussed: (NasdaqGM:CAN) (NasdaqGS:HUT) (NasdaqCM:MIGI)

 

Canaan, Inc. (NasdaqGM:CAN) has reported its unaudited financial results for the three months and twelve months ended December 31, 2021. Highlights include 7.7 million Thash/s in computing power sold in Q4 and 22.3 million Thash/s for the full year, and net revenues of $342.8 million and $782.5 million for Q4 and the full year, respectively. Nangeng Zhang, Chairman and CEO of Canaan, said:

 

“Looking ahead to the year 2022, we will keep carrying out our growth strategies through proactive investment in our R&D efforts, solid execution in global business development, agile operation to keep pace with industry dynamics, and prudent deployment in our mining operations. By leveraging our acumen, expertise, and our extensive experience in the market, we will continue to capitalize on developing opportunities in the industry."

 

Hut 8 Mining Corp. (NasdaqGS:HUT) has announced that it achieved record Bitcoin (BTC) holdings in the period ending February 28, 2022. The company mined 289 bitcoins in February, all of which was deposited into custody making for a total Bitcoin balance held in reserve of 6,115 as of the end of the month. Hut 8 also installed 2,715 MicroBT M30S and M31S+ miners during February. Jason Zaluski, Head of Technology, Hut 8, said:

 

"Our teams in Drumheller and Medicine Hat have continued to diligently upgrade our Alberta sites over the month of February. Our 2022 M30S and M31S+ orders from MicroBT are arriving as scheduled, we are experiencing consistent growth in our MicroBT Authorized Repair Centre, and we are actively recruiting staff for our warranty centre and all our sites."

 

Mawson Infrastructure Group, Inc. (NasdaqCM:MIGI) is expanding its Sandersville, Georgia, USA Bitcoin Mining facility to 230 Megawatts (MW). The company then, according to the press release, “intends to deploy its Modular Data Centre (MDC) technology at the expanded facility.” James Manning, the company’s CEO and Founder, said:

 

“We are delighted to be moving forward with what will be one of our largest Bitcoin Mining facilities in North America. Our relationship with MEAG, ECG, the Washington County Economic Development Authority and the City of Sandersville continues to strengthen, and we look forward to expanding this facility to 230 megawatts. In an environment where large scale, high-quality, low-cost Bitcoin Mining facilities are in short supply, we are genuinely excited for site development works at our Georgia Stage 3 expansion to begin later this year."

 

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

800-665-0411

 

 

 

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