#CryptoCorner #Podcast 905: #Stocks discussed: (NasdaqGM: $BITF) (NYSEAmerican: $NILE)




#CryptoCorner #Podcast 905: #Stocks discussed: (NasdaqGM: $BITF) (NYSEAmerican: $NILE)


Commentary from BitBull Capital’s Joe DiPasquale, Bitfarms and BitNile Publish November Updates


Vancouver, Kelowna, Delta, BC December 1, 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 Jun 2022: https://www.yoreoyster.com/blog/best-crypto-podcasts/


Listen to today’s Crypto Corner Podcast: 



Read this in full at https://www.investorideas.com/news/2022/crypto-corner/12011BITF-NILE.asp


Get the Crypto Corner Podcast on iTunes


Get the Crypto corner on Spotify


Stocks discussed: (NasdaqGM:BITF) (NYSEAmerican:NILE)


Joe DiPasquale, CEO of BitBull Capital, has provided commentary to Investorideas.com regarding the state of Bitcoin’s (BTC) price and market:


Fed chair Powell’s speech addressing the labor market, resulted in improved market sentiment as he iterated the need for caution in the fight against inflation. What the market is now looking toward is a potential “soft landing”, giving breathing room to both equities and crypto assets. Since the speech, BTC reclaimed $17,000 while ETH tested $1,300. Moving forward, however, the market will be looking toward the FOMC meeting on December 14 to see if the next rate hike is lower than 50bps. If yes, we could see another injection of bullish sentiment, possibly taking BTC to $20,000.


For more from Joe DiPasquale, please visit bitbullcapital.com.


Bitfarms Ltd. (NasdaqGM:BITF) has published a Bitcoin (BTC) production and mining operations update for November 2022. Highlights include the mining of 453 BTC, the installation of ​​over 2,300 miners in Rio Cuarto, Argentina, and a hashrate capacity of 4.4 EH/s online as of November 30. Geoff Morphy, President and COO of Bitfarms, explained:


“Our strategy of using low-cost hydro power and highly efficient miners continues to deliver stable electricity rates and consistently low production costs. As such, we believe that Bitfarms is well positioned to benefit from any industry-related curtailment, idling or shutting down of miners that may occur as a result of high fossil-fuel energy source expense.


As previously discussed, Argentina’s macroeconomic environment is causing delays in the importation of most goods which is adversely affecting our ability to bring in the additional miners we need to operate the first warehouse at its full capacity of 50 MW. These delays may impact the company’s 5.0 exahash goal for year-end 2022.”


BitNile Holdings, Inc. (NYSEAmerican:NILE) has published an unaudited update on Bitcoin production and miner installation. According to the press release, the company has increased its number of miners to 20,441 S19j Pro and XP Antminers, “which once installed and energized, will generate a combined processing power of approximately 2.21 exahashes per second,” and during the month “received 92.2 Bitcoin as a result of its miners providing computing power to a mining pool operator.” Milton "Todd" Ault, III, BitNile’s Executive Chairman, said:


"The newest green XP miners installed in Michigan have allowed us to reach a new high of approximately 1.06 EH/s. The team is still working through the issues at the Wolf Hollow hosting facility in Texas, as well as developing new relationships to operate the remaining machines."


Sam Mowers, Investorideas


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


About Investorideas.com - Big Investing Ideas

We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. 


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




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