#CryptoCorner #Podcast 828: #Stocks discussed: (NasdaqCM: $RIOT) (TSXV: $NDA.V) (NasdaqCM: $FTFT)

 

 

 

#CryptoCorner #Podcast 828: #Stocks discussed: (NasdaqCM: $RIOT) (TSXV: $NDA.V) (NasdaqCM: $FTFT)

 

Riot Blockchain Shares April Update, Neptune Digital Posts Quarterly Results, and a Future FinTech Subsidiary Signs Electricity Agreement for Planned Crypto Farm

 

Vancouver, Kelowna, Delta, BC May 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/2022/050322-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2022/crypto-corner/05031RIOT-NDA-FTFT.asp

 

Get the Crypto Corner Podcast on iTunes

 

Get the Crypto corner on Spotify

 

Stocks discussed: (NasdaqCM:RIOT) (TSXV:NDA) (NasdaqCM:FTFT)

 

Riot Blockchain, Inc. (NasdaqCM:RIOT) has announced its production and operations update for April 2022. Highlights include the production of 508 Bitcoin (BTC) – an increase of around 150 percent over the 203 BTC produced in April 2021, and a deployed fleet of approximately 46,375 miners, with a hashrate capacity of 4.7 exahash per second. The company’s CEO, Jason Les, said:

 

“April marks yet another incredible milestone for Riot, with the announcement of the Company’s 1 gigawatt (GW) Expansion in Navarro County, Texas. Our ability to source and manage this second significant expansion opportunity in Texas exemplifies the Company’s partnership-driven approach with all stakeholders, including the Company’s business partners, ERCOT, and all levels of government, to commit to sustainable economic development. We are excited to build upon our demonstrated ability to develop high-quality, large-scale digital infrastructure, leveraging our experienced employee base and opening the doors to new jobs and economic opportunities in Navarro County.”

 

Neptune Digital Assets Corp. (TSXV:NDA) has reported its quarterly consolidated financial statements and management, discussion and analysis for the three and six months ended February 28, 2022. According to the press release, the company earned $3,455,955 “through Bitcoin mining and other income-generating activities,” in the quarter, and ended the quarter “with $62 million in assets and no debt.” Cale Moodie, Neptune’s CEO, commented:

 

"In spite of a pullback in cryptocurrency values from the first quarter, Neptune had a strong second quarter with a doubling in gross earnings. We have received another 53 petahash in mining rigs which are currently warehoused in the USA and those will be hashing as soon as possible. We hope to take advantage of any market weakness with our cashed-up balance sheet in terms of both rig acquisitions and general token purchases, all while appropriately managing market risk and exposure."

 

FTFT SuperComputing Inc., a wholly-owned subsidiary of Future FinTech Group Inc. (NasdaqCM:FTFT), has signed an Electricity Sales and Purchase Agreement with Champion Energy Services, LLC, wherein the latter will provide 15.58 MW of electricity for the development of the former's planned cryptocurrency farm in Northwest Ohio. Kai Xu, Chief Inspector of Future FinTech's Blockchain Division, said:

 

"We are pleased to have entered into this agreement to obtain the needed power supply to enable us to develop a cryptocurrency mining farm in the US. Our strategic plan for this business segment is to develop cryptocurrency mining farms in different regions of the world and accelerate their deployment by using our own capabilities or through cooperation agreements with strong partners. We believe that the planned cryptocurrency farm in Ohio will be successful and will meet the goals that we have set out for it."

 

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/ 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