Vancouver, Kelowna, Delta, BC – August 29, 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 878: Stocks discussed: (NasdaqCM: MIGI) (TSXV: CSTR) (TSXV: CBIT)
Get the Crypto Corner Podcast on iTunes
Get the Crypto corner on Spotify
Stocks discussed: (NasdaqCM:MIGI) (TSXV:CSTR) (TSXV:CBIT)
Mawson Infrastructure Group, Inc. (NasdaqCM:MIGI) has posted its unaudited Bitcoin (BTC) production and operational update for July 2022. The company expects an increase in its operational capacity to 3.7 Exahash by the end of this month. Other highlights include the production of 90 BTC, the installation of 1.8 Exahash as part of the company’s Hosting Co-location, and $1.8 million in total revenues for the period. The company’s CEO and Founder, James Manning, said:
“In July we continued the deployment of our self-mining and hosting co-location businesses and participated over the course of the month in our Energy Demand Response Program, which generated significant revenue in conjunction with reducing our costs of production. As a result of participation in this program, we curtailed approximately 11,182 MWh in July, enabling Mawson to direct energy back into the grid in times of need and high energy costs for the community.”
CryptoStar Corp. (TSXV:CSTR) has shared an operations update. As of today, the company boasts an aggregate self-mining hashrate of 94.4 PH/s from ASIC miners and 125,550 MH/s from GPU miners running at its data centres. According to the press release, these hashrates contribute $332,569 per month in self-mining revenue for the firm. CryptoStar also reports progress on its expansion of operations in Quebec, Canada, and “plans to continue to further expand its self-mining inventory of mining hardware.”
Cathedra Bitcoin Inc. (TSXV:CBIT) has announced the results of its operations for the second quarter and six months ended June 30, 2022. Q2 highlights include a revenue of $2.53 million CAD, and the entering into a hosting agreement wherein it will deploy approximately 1,501 Bitmain Antminer S19j Pro machines “at various data centers in Kentucky and Tennessee.” An excerpt from the Management Commentary section of the press release reads:
“We remain as bullish as ever on the long-term prospects of Bitcoin. The mission is unchanged: build Cathedra into a category-defining business at the intersection of bitcoin mining and energy production. Amid collapsing supply chains and increasingly unreliable power infrastructure, our conviction in our long-term strategy of pursuing vertical integration and off-grid energy sources has only grown. We thank our shareholders for their continued support in these turbulent times.”
Sam Mowers, Investorideas
For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory
About Investorideas.com – News that Inspires Big Investing Ideas
Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors. Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns: Crypto Corner, Play by Play sports and stock news, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast, Cleantech and Climate Change, Exploring Mining, Betting on Gaming Stocks Podcast and the AI Eye Podcast.
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