#CryptoCorner
#Podcast 860: #Stocks discussed: (NasdaqCM: $MIGI) (CSE: $BIGG.C) (NYSE: $BTCM)
Mawson Provides Update,
Netcoins Launches Four New Coins, and BIT Mining Announces Business Spin-Off at
Ohio Mining Site
Vancouver, Kelowna, Delta, BC June 30,
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.
The Investor
ideas Crypto Corner was named one of 14 Best Crypto & Blockchain Podcasts
for June 2022: https://www.yoreoyster.com/blog/best-crypto-podcasts/
Listen to today’s
Crypto Corner Podcast:
https://www.investorideas.com/Audio/Podcasts/2022/063022-CryptoMarket.mp3
Read this in full
at https://www.investorideas.com/news/2022/crypto-corner/06301MIGI-BIGG-BTCM.asp
Get the Crypto Corner Podcast on iTunes
Get the Crypto corner on Spotify
Stocks
discussed: (NasdaqCM:MIGI) (CSE:BIGG) (NYSE:BTCM)
Mawson Infrastructure
Group, Inc. (NasdaqCM:MIGI) has provided an update, including its
participation in an energy demand response program. Regarding the latter,
Mawson is actively engaging in energy demand response programs at its
operations wherein it “engages in Bitcoin (BTC) Mining and generates revenue by selling
Self-Mined Bitcoin which is produced daily. According to the press release, the
company has also received the final shipment of Canaan A1246 ASIC Bitcoin
Miners for June. Mawson’s Founder and CEO, James Manning, said:
“Despite a volatile market, Mawson is
currently continuing to self-mine and is also participating in energy demand
response programs where applicable. We are fortunate to have no outstanding
contracts for the purchase of ASIC Bitcoin Miners, enabling us to focus on the
development of our co-location business as an alternate revenue stream while
the Bitcoin price is suppressed. Our largest customer, Celsius Mining LLC
continues to perform as expected as we scale up their deployment. The decision
to defer any major expansion CAPEX in the current market environment is the
sensible decision until market conditions normalize."
Netcoins, the online
cryptocurrency brokerage subsidiary of BIGG Digital Assets Inc. (CSE:BIGG), has announced the launch of four new coins on the
platform: Cardano (ADA), Solana (SOL), Polkadot (DOT) and GALA. Mark Binns, Netcoins CEO, said:
“Today
we are very excited to launch two more of the top 10 coins globally by market
cap, ADA and SOL, along with #11 DOT. These coins recently became available to
Netcoins for listing under a regulated environment. We believe strongly that
moving in lock step with regulation, and our customer’s safety and best
interests, is the path to long term growth and success.”
BIT Mining Limited (NYSE:BTCM) has announced the completion of a spin-off with
Viking Data Centers LLC in developing and operating the Ohio cryptocurrency
mining data center, giving it exclusive access to 82.5MW of planned electrical
power. Xianfeng Yang, BIT Mining’s CEO, explained:
"We
will continue to devote our resources to the Ohio Mining Site in light of
better cost control and operational efficiency improvement. While the
cooperation with Viking Data Centers has helped with our initial entrance into
the North American market, we believe that carving out the Ohio Mining Site
business will further enhance our overall operational efficiency as we expand
our business. Going forward, we are considering collaborations with Viking Data
Centers on other projects. We will continue to execute on our plan, investing
in technology, innovation, and high-quality mining resources worldwide, while
building a strong foundation across the cryptocurrency ecosystem."
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
