#CryptoCorner #Podcast: #Cryptocurrency #Stocks in the News: (TSX: $WNDR.TO) (NasdaqCM: $MARA) (NasdaqCM: $CLSK)
#CryptoCorner
#Podcast: #Cryptocurrency #Stocks in the News: (TSX: $WNDR.TO) (NasdaqCM: $MARA)
(NasdaqCM: $CLSK)
Bitbuy Launches Further
On-Chain Staking, Marathon Digital and CleanSpark Post August Results
September 5, 2023 - 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.
Today’s podcast is sponsored by Fintech
Company AppTech Payments Corp. (NasdaqCM:APCX).
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Stocks
discussed: (TSX:WNDR) (NasdaqCM:MARA) (NasdaqCM:CLSK)
WonderFi Technologies Inc.
(TSX:WNDR) has announced that crypto-trading platform Bitbuy,
its wholly-owned subsidiary, is launching on-chain staking for Cosmos (ATOM) and NEAR. In adding these digital assets, Bitbuy’s
staking offering will now represent “the largest selection of digital assets
for staking on any registered crypto-trading platform in Canada.” Dean Skurka,
WonderFi’s President and CEO, said:
"Staking
has become a vital part of the everyday crypto investor's portfolio. In 2023
alone, Bitbuy has seen a 450% increase in the total dollar amount staked. We
are excited to be the first registered crypto-trading platform in Canada to
introduce ATOM and NEAR staking. This further extends Bitbuy's leadership
position as the largest regulated platform for Canadian investors looking to
stake their crypto and earn rewards."
Marathon Digital Holdings,
Inc. (NasdaqCM:MARA) has reported its unaudited bitcoin (BTC) production and miner installation updates
for August 2023. Highlights include the production of about 1,062 BTC – an
average of 34.3 BTC per day, and an installed hashrate of 23.1 exahash per
second. Fred Thiel, the company’s Chairman and CEO, said:
“During
August, we reached our primary domestic growth target of 23 exahashes on an
installed basis. As we look to our next growth target, I am pleased to announce
that we have secured miners in the ordinary course of business for the next 5
exahashes of hash rate growth. With 23 exahashes installed domestically, two
exahashes planned internationally, and an additional five exahashes of capacity
contracted for, Marathon’s total anticipated hash rate, once fully deployed, is
now 30 exahashes.”
CleanSpark, Inc. (NasdaqCM:CLSK) has also released its unaudited bitcoin mining and
operations update for the month ending August 31, 2023. Highlights posted include
the mining of 659 BTC, the selling of 43 BTC, a deployed fleet of 88,217
miners, and a current hashrate of 9.3 EH/s. The company’s CEO, Zach Bradford,
commented:
"August
was another banner month for CleanSpark as the 50MW expansion in Washington saw
its first full month at maximum operational hashrate, delivering some of our
highest daily production ever. What's more, we have carefully managed power to
achieve substantially high levels of uptime in August, despite historically
high levels of rain and very hot weather. That operational prowess has resulted
in what we expect is among the best monthly bitcoin production rates of
publicly traded miners in North America."
Sam Mowers, Investorideas
For
investors following the sector Investor Ideas has a comprehensive
Bitcoin, Blockchain and Digital Currency Stocks Directory
Podcast sponsor:
AppTech Payments Corp. (NasdaqCM:APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse™, its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today’s commerce experiences. For more information, visit apptechcorp.com.
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