Vancouver, Kelowna, Delta, BC – October 28, 2022 (Investorideas.com Newswire) 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:
Crypto Corner Podcast 895: Stocks discussed: (NasdaqCM: CLSK) (NYSEAmerican: NILE) (OTC: BFCH)
Get the Crypto Corner Podcast on iTunes
Get the Crypto corner on Spotify
Stocks discussed: (NasdaqCM:CLSK) (NYSEAmerican:NILE) (OTC:BFCH)
CleanSpark, Inc. (NasdaqCM:CLSK) has announced that its Bitcoin (BTC) mining hashrate has exceeded 5 EH/s, representing an increase of 150 percent since January 2022. The company has also surpassed its year-end guidance more than 60 days ahead of schedule and is raising its year-end hashrate guidance 10 percent, to 5.5 EH/s. Gary A. Vecchiarelli, CleanSpark’s CFO, said:
“The effective deployment of our capital strategy has allowed us to exceed hashrate expectations. Crucial to that strategy has been our long-held commitment to selling a portion of the bitcoin we mine to fund growth and operations. As our hashrate has grown, the amount of bitcoin we produce has also grown, creating a virtuous cycle that has allowed us to seize opportunities for growth and expansion.”
BitNile Holdings, Inc. (NYSEAmerican:NILE) has achieved a Bitcoin mining production milestone of 500 Bitcoin mined to date at its Michigan data center. The company also announced today that its subsidiary, Alliance Cloud Services, LLC, is now planning to launch enterprise data center services at its Michigan data center. Alliance, according to the press release, “has developed a diversified site, including commercial real estate for office, warehouse and distribution, a high-density computing data center focused on Bitcoin mining, and the announced enterprise data center with plans to offer hosting and colocation services for third parties.”
BitFrontier Capital Holdings, Inc. (OTC:BFCH) has purchased a new dry cooler to integrate with its liquid immersion system for its initial flagship facility in North Carolina. This will give the company a 1,000 kW thermal cooling capacity, allowing it “to run an extensive assortment of miners and networking equipment allowing for a perfectly controlled temperature to extend the life of devices.” A further excerpt from the press release reads:
“…the company has received initial miners and begun unpacking them for rack mining while we wait for Immersion set up to be built. Additional miners have been purchased and will be coming throughout the end of year and into the 2023 year.”
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/
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
Donate to support great investing content available to everyone