Point Roberts, WA and Delta, BC – July 12, 2021 (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.
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Crypto Corner Podcast 629: Stocks discussed: (NasdaqGS: HVBT) (OTC: NCTY) (CSE: DIGI)
Stocks discussed: (NasdaqGS:HVBT) (OTC:NCTY) (CSE:DIGI)
HIVE Blockchain Technologies Ltd. (NasdaqGS:HVBT) has announced the purchase and immediate hashing of 3,019 MicroBT WhatsMiner M30S dedicated miners. The miners boast an aggregate hash power of 264 Petahash per second (PH/s), “and will increase HIVE’s overall Bitcoin operating hashrate by approximately 46%,” according to the press release. This comes as part of a partnership with Foundry Digital LLC, a wholly-owned subsidiary of the Digital Currency Group (DCG) focussed on digital assets’ mining and staking, that will also see HIVE “contribute its Bitcoin hashpower to Foundry USA Pool going forward.” Frank Holmes, Executive Chairman of HIVE, commented:
“We are pleased to be executing on a transaction that dramatically increases our mining capacity without any logistics delays. Our entry into a North American mining pool furthers our goal of increased transparency and accountability with our partners. Mining power is shifting from east to West, and we’re excited to