Level Roberts, WA and Delta, BC – October 29, 2021 (Investorideas.com Newswire) Investorideas.com, a pacesetter in crypto and blockchain investing information brings you at the moment’s version of the Crypto Corner podcast and commentary on what’s driving cryptocurrency shares and the crypto market.
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Crypto Nook Podcast 705: Shares mentioned: (NasdaqGM: CAN) (NasdaqCM: HIVE) (CSE: BIGG) (TSXV: LQWD) (TSXV: BNXA)
Shares mentioned: (NasdaqGM:CAN) (NasdaqCM:HIVE) (CSE:BIGG) (TSXV:LQWD) (TSXV:BNXA)
HIVE Blockchain Applied sciences Ltd. (NasdaqCM:HIVE) for six,500 models of its next-generation Avalon Bitcoin (BTC) mining machines. This follows HIVE’s purchases of 4,000 models and 6,400 models of Canaan’s Avalon Miners in August 2021 and January 2021, respectively. HIVE’s Government Chairman, Frank Holmes, mentioned:
“We’re happy to be constructing on our strategic alliances with Canaan, a number one ASIC producer, to attain our targets and drive worth for our shareholders, whereas executing on a transaction that will increase our money movement and inexperienced mining capability. HIVE at the moment has roughly 1.2 Exahash per second (EH/s) of Bitcoin mining capability, and with this new buy, HIVE’s Bitcoin ASIC pipeline will likely be at 2 EH/s by December 2021, and three EH/s by March 2022.”
BIGG Digital Property Inc. (CSE:BIGG) has made a strategic funding of $100,000 CAD into LQwD FinTech Corp (TSXV:LQWD). The press launch describes LQwD as “a Lightning Community targeted firm creating cost infrastructure and options,” whose “mission is to develop institutional grade providers that help the Lightning Community and drive improved performance, transaction functionality, person adoption and utility, and scaling Bitcoin.” BIGG’s CEO, Mark Binns, commented:
“Because the crypto market continues to mature and evolve, we imagine firms like LQwD will assist cleared the path in infrastructure and plumbing for crypto funds. Our funding in LQwD exhibits our help for a longtime group of entrepreneurs and our continued management within the cryptocurrency sector.”
Banxa Holdings Inc. (TSXV:BNXA) has reported its audited outcomes for the thirtieth June 2021 Fiscal yr. Highlights embody $688 million AUD (519.3 million USD) in Whole Transaction Worth (TTV), a rise of 893 % over the yr prior. Firm CEO, Holger Arians, mentioned:
“These final 12 months have been incredible, not only for Banxa’s outcomes, however for the sturdy outcomes now we have been capable of ship with our companions. With our expanded management group, extra buyer success assets and new product choices, our companions are capable of supply their clients an enhanced expertise, with constantly sturdy conversion and fulfilment outcomes. The perfect information is that that is simply the beginning, with many new product releases, crew hires and native market plans nonetheless to return.”
Sam Mowers, Investorideas
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