Point Roberts, WA and Delta, BC – October 15, 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 695: Stocks discussed: (NYSE: BTCM) (TSXV: NDA) (CSE: GBLC) (TSXV: SCT)
Stocks discussed: (NYSE:BTCM) (TSXV:NDA) (CSE:GBLC) (TSXV:SCT)
BIT Mining Limited (NYSE:BTCM) has announced that its mining pool subsidiary, BTC.com, will be exiting the mainland China market. This will see BTC.com stop the registering of new users from mainland China and start retiring the accounts of existing users beginning today, October 15, 2021. According to the press release, the move “may adversely impact the consolidated financial statements of the Company,” but “its growth in global markets will help offset the loss of business in mainland China.”
Neptune Digital Assets Corp. (TSXV:NDA) has announced that the deployment of its previously ordered 200 Antminer S19 Pro next generation Bitcoin ASIC mining machines is now complete, and that they are now operational. Additionally, another 530 new Antminer S19 Pro Bitcoin ASIC mining machines, with a total of 53,000 TH/s of mining power, “are paid for and are waiting to be received and deployed at the Company’s U.S. facilities.” Neptune’s CEO, Cale Moodie, said:
“We are very pleased that our new partners, Luxor Technologies and Frontier Mining, have helped get our U.S. mining program off to a successful start. Bitcoin mining has become a core program for Neptune and we plan to continue to aggressively add to our fleet of installed miners working with proficient and capable partners throughout North America. This new deployment increases Neptune’s revenues and puts the Company into an even stronger financial position as we grow our Bitcoin mining operations.”
“New World has been diligently working behind-the-scenes to ensure a patent-backed strategic position at the forefront of setting the new global standard in trusted NFT authenticity and regulation as the first publicly traded NFT platform. The first products we bring to market will be marked in history and something shareholders, investors, and consumers should be excited about participating in.”
Skychain Technologies Inc. (TSXV:SCT) has signed a service agreement with solar electricity farm developer Sunset Solar Inc. The latter, according to the press release, “has progressed in the permitting process to build a 57-megawatt (MW) alternating-current solar photovoltaic power plant,” wherein the “use of solar power combined with conventional power sources on the 10 acres site will add an emission free energy source for its data centre.”
Sam Mowers, Investorideas
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