#CryptoCorner #Podcast 789: #Stocks discussed: (NasdaqCM: $HIVE) (NasdaqGS: $ARBK) (TSXV: $DMGI.V)

 



 

 

#CryptoCorner #Podcast 789: #Stocks discussed: (NasdaqCM: $HIVE) (NasdaqGS: $ARBK) (TSXV: $DMGI.V)

 

HIVE Shares February Production Figures, Argo Provides Operational Update, and DMG Blockchain Releases Preliminary Q1 Revenue Guidance

 

Vancouver, Kelowna, Delta, BC March 8, 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/2022/030822-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2022/crypto-corner/03081HIVE-ARBK-DMGI.asp

 

Get the Crypto Corner Podcast on iTunes

 

Get the Crypto corner on Spotify

 

Stocks discussed: (NasdaqCM:HIVE) (NasdaqGS:ARBK) (TSXV:DMGI)

 

HIVE Blockchain Technologies Inc. (NasdaqCM:HIVE) has reported the production figures from its global Bitcoin (BTC) and Ethereum (ETH) mining operations for the month of February 2022. Highlights include the production of 244.4 BTC, 1,814 ETH, and a Bitcoin HODL balance of 2,374. The company’s President and COO, Aydin Kilic, said:

 

"We continue to strive for operational excellence, ensuring that as we scale our hashrate as a company we also optimize our uptime, to ensure ideal Bitcoin and Ethereum output figures. Mr. Kilic continued, "We also would like to provide an update on the BTC and ETH equivalency, where one can equate value of the coins produced daily. As such the ETH that HIVE produced during the month of February, equated on a daily basis, is approximately equal to a monthly total of 132.6 BTC, which we refer to as Bitcoin equivalent or BTC equivalent. This is in addition to the 244.4 BTC produced from our Bitcoin mining operations during February, for a total of 377.1 Bitcoin equivalent."

 

Argo Blockchain (NasdaqGS:ARBK) has provided an operational update for the month of February 2022. In the month, the company mined 135 Bitcoin or Bitcoin Equivalent, and increase from the 172 BTC mined in the previous month, and reported a monthly revenue of $5.58 million, down from $7.10 million in January. Argo’s CEO and Interim Chairman, Peter Wall, said:

 

"During February, we have experienced exceptional weather conditions and are hopeful that these are behind us. Regardless of this, we have continued to ensure that Argo is set to grow and deliver on its intended objectives for the forthcoming year. The Company's recent appointment of Raghav Chopra as an independent non-executive director, continued progress with construction of the Helios facility, and the supply agreement we have signed with Intel are testaments to the fact that we are on the right track to achieving our goals for the year."

 

DMG Blockchain Solutions Inc. (TSXV:DMGI) has released select preliminary revenue guidance for its first fiscal quarter, the three-month period ending Dec. 31, 2021. The company is estimated to have produced 175-180 BTC in the quarter, representing a 260 percent gain over the previous quarter’s production of 47-50 BTC. DMG’s CEO Sheldon Bennett explained:

 

"This is an important quarter for DMG as it marks the first where the company is deriving significant revenue from its investment in self mining and a new fleet of crypto mining equipment. Our strategy to move from a primarily hosting focused company to greater focus on self-crypto mining is progressing well with approximately 50% of our purchased exahash in place and running now. Along with our Core strategy gains, our Core+ team has made significant progress in software platforms over Q1. Our pooling software is continuing to find blocks in line with expected luck and we are continuing to work on other platforms to help diversify DMG’s revenue.”

 

Sam Mowers, Investorideas

 

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

 

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 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

 

Contact Investorideas.com

800-665-0411

 

 

 



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

 

Comments