Vancouver, Kelowna, Delta, BC – January 9, 2023 (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.
Today’s podcast is sponsored by Fintech Company AppTech Payments Corp. (NasdaqCM:APCX).
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/
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Crypto Corner Podcast 917: Stocks discussed: (NasdaqCM: HIVE) (TSXV: DMGI) (NasdaqGS: CORZ)
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Stocks discussed: (NasdaqCM:HIVE) (TSXV:DMGI) (NasdaqGS:CORZ)
HIVE Blockchain Technologies, Ltd. (NasdaqCM:HIVE) has announced the production results from its global Bitcoin (BTC) operations for the month of December 2022 and the calendar year 2022. Highlights include the production of 213.8 Bitcoin in December from ASIC and GPU mining operations (an average of 113.2 Bitcoin Per Exahash), as well as the earning of $3.15 million USD in income from the firm’s energy price hedging and grid balancing strategy. Aydin Kilic, President & COO of HIVE, said:
“Additionally, our technical team has updated our software stack which monitors the vital statistics of our global fleet of ASIC miners. This allows us to have great insight and granularity into the performance of each machine, using bespoke API calls, as we carefully study the overall fleet efficiency (in Joules per Terahash), to ensure we are mining for maximum profitability during a Bitcoin bear market. We continue to strive for excellence, ensuring that as we scale our hashrate we also optimize our uptime, to ensure ideal Bitcoin output figures and leading the sector in performance.”
DMG Blockchain Solutions Inc. (TSXV:DMGI) has reported its December 2022 preliminary mining results. According to the press release, the company mined 104.6 BTC with 0.91 EH/s realized hashrate, and had a balance of 454 BTC as of December 31, 2022. The following excerpt from the press release looks forward to the company’s plans for 2023:
In our Core+ software, we have slowed our development pace due to market conditions. Our key objectives for Core+ going forward will be to: 1) grow our Terra Pool hashrate with a longer-term goal of reaching 10% network share; 2) create a carbon neutral BTC marketplace; and 3) actively transact bitcoin in a carbon neutral manner through Terra Pool using our Petra technology. We remain committed to these goals, as we believe achieving them will enable us to grow our Core+ revenue to be significantly larger in the long-term.
Core Scientific, Inc. (NasdaqGS:CORZ) has announced production and operational updates for November and December 2022. Highlights include the production of 1,356 and 1,435 BTC from the company’s self-mining operations in November and December, respectively, as well as the provision of data center colocation services, technology and operating support for approximately 91,000 and 80,500 customer-owned ASIC servers, representing approximately 37 percent and 34 percent of the mining servers in operation in the company’s data centers as of November 30 and December 31, respectively.
Sam Mowers, Investorideas
For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory
AppTech Payments Corp. (NasdaqCM:APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse(TM), its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today’s commerce experiences. For more information, visit apptechcorp.com.
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