#CryptoCorner #Podcast 812: #Stocks discussed: (NasdaqGM: $BITF) (NasdaqGS: $ARBK) (NasdaqCM: $CLSK) (NYSE: $SHOP)

 

 

 

#CryptoCorner #Podcast 812: #Stocks discussed: (NasdaqGM: $BITF) (NasdaqGS: $ARBK) (NasdaqCM: $CLSK) (NYSE: $SHOP)

 

Bitfarms Starts Production at Leger, Argo Posts March Operational Update, CleanSpark Shares BTC Production Update, and Shopify to Allow BTC Payments Through Strike Integration

 

Vancouver, Kelowna, Delta, BC April 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.

 

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Stocks discussed: (NasdaqGM:BITF) (NasdaqGS:ARBK) (NasdaqCM:CLSK) (NYSE:SHOP)

 

Bitfarms Ltd. (NasdaqGM:BITF) has started production at Leger, in Sherbrooke, Québec, and in doing so increased its operational hashrate to 3 exahash per second (EH/s). The company’s CEO, Emiliano Grodzki, explained:

 

“By achieving the 3 EH/s hashrate, I am proud to report we achieved our 3 EH/s milestone within days of our target date and that we were able to successfully navigate an ever-changing logistics landscape without significant delay. Our newer farms, like Leger and The Bunker, benefit from Bitfarms’ expertise of building mining facilities over the last 5 years, and these locations incorporate the latest in design and operate with higher efficiencies and uptimes.”

 

Argo Blockchain (NasdaqGS:ARBK) has posted an operational update for the month of March 2022. Highlights include the mining of 163 Bitcoin (BTC) or Bitcoin Equivalent – up from 135 BTC in February 2022, revenue of $6.92 million for the month, and the holding of 2,700 Bitcoin. Argo has also reported significant progress on the construction of its 200MW flagship cryptocurrency mining facility, Helios, in Dickens County, Texas. The company expects mining operations to commence at Helios in Q2 2022.

 

CleanSpark, Inc. (NasdaqCM:CLSK) has announced its unaudited bitcoin production and operations update for the calendar year-to-date ending March 31, 2022. Highlights include the production of 318 BTC (898 YTD), total Bitcoin holdings of 420, and a currently deployed fleet of over 23,000 latest-generation bitcoin miners with a total hashrate of 2.3 EH/s.

 

Cointelegraph reports that e-commerce leader Shopify (NYSE:SHOP) has integrated with Chicago-based payment application Strike, allowing the former’s merchants the ability to accept Bitcoin payments via the Bitcoin Lightning Network. This was announced by Strike CEO Jack Mallers on stage at the Bitcoin 2022 conference in Miami yesterday.

 

Sam Mowers, Investorideas

 

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