#CryptoCorner #Podcast 811: #Stocks discussed: (NasdaqCM: $MARA) (NasdaqCM: $HIVE) (NasdaqCM: $BTBT)
#CryptoCorner
#Podcast 811: #Stocks discussed: (NasdaqCM: $MARA) (NasdaqCM: $HIVE) (NasdaqCM:
$BTBT)
Marathon to Transition
Miners from Hardin, MT to More Sustainable Power, HIVE Shares March Production
Figures, and Bit Digital Revises Agreement with Compute North
Vancouver, Kelowna, Delta, BC April 7,
2022 - Investorideas.com, a leader in
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Stocks
discussed: (NasdaqCM:MARA) (NasdaqCM:HIVE) (NasdaqCM:BTBT)
Marathon Digital Holdings,
Inc. (NasdaqCM:MARA) has announced its intention to transition its
bitcoin (BTC) miners from the facility in Hardin, MT to
new locations with more sustainable and non-carbon emitting sources of power.
This follows an announcement from the company last year, indicating its goal to
make its mining operations 100 percent carbon neutral by year-end 2022. Fred
Thiel, Marathon’s Chairman and CEO, explained:
“To
achieve that goal, we have endeavored to ensure our miners are as sustainably
powered as possible. With the majority of our fleet already scheduled to be
deployed at renewable power facilities and deployments currently underway, we
believe it is an appropriate time to transition our legacy operations away from
fossil fuel generation and towards more sustainable sources of power. We will
therefore be moving our miners from Hardin, Montana to new locations that are
more in line with our current strategy of deploying behind the meter at
sustainable power stations.”
HIVE Blockchain
Technologies Ltd. (NasdaqCM:HIVE) has shared the production figures from its global
Bitcoin and Ethereum (ETH) mining operations for the month of March
2022. Highlights include the production of 278.6 BTC, 2,459 ETH, 2.0 Exahash of
Bitcoin mining capacity, and 4.58 Terahash of Ethereum mining capacity (as of
the start of March). Aydin Kilic, President & COO of HIVE, 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. 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 March, equated daily, is
approximately equal to a monthly total of 168.8 BTC, which we refer to as
Bitcoin equivalent or BTC equivalent. This is in addition to the 278.6 BTC
produced from our Bitcoin mining operations during March, for a total of 447.4
Bitcoin equivalent."
Bit Digital, Inc. (NasdaqCM:BTBT) has announced a revised agreement with hosting
partner, Compute North LLC, wherein the term of a previous agreement is
extended for an additional 5 years and provides for approximately 6.5 MW of
hosting capacity for 2,000 miners. Additionally, the previously hosted
equipment will be upgraded to new Bitmain Antminer S19j Pro miners.
Sam Mowers, Investorideas
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