Wednesday, March 31, 2021

#CryptoCorner #Podcast 560: #Stocks discussed: (NasdaqCM: $MARA) (TSXV: $DMGI.V) (TSX: $HUT.TO) (CSE: $GBLC.C)

 



 

#CryptoCorner #Podcast 560: #Stocks discussed: (NasdaqCM: $MARA) (TSXV: $DMGI.V) (TSX: $HUT.TO) (CSE: $GBLC.C)

 

Marathon Launches #Bitcoin Mining Pool with #Tech Solutions from DMG #Blockchain, Hut 8 Working with Luxor, and Graph Blockchain Deploys Capital Into Cardano

 

Point Roberts, WA, Delta BC March 31, 2021 -  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.

 

Listen to today’s Crypto Corner Podcast:  

https://www.investorideas.com/Audio/Podcasts/2021/033121-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/03311MARA-DMGI-HUT-GBLC.asp

 

Get the Crypto Corner Podcast on iTunes

 

Get the Crypto corner on Spotify

 

Stocks discussed: (NasdaqCM:MARA) (TSXV:DMGI) (TSX:HUT) (CSE:GBLC)

 

Marathon Digital Holdings Inc. (NasdaqCM:MARA) is launching North America’s first Bitcoin (BTC) mining pool that is fully compliant with U.S. regulations, including anti-money laundering (AML) and the Office of Foreign Asset Control’s (OFAC’s) standards. As of May 1, the company will start directing 100 percent of its hashrate to the new mining pool, then on June 1, the pool will begin accepting other U.S.-based Bitcoin mining companies.

 

DMG Blockchain Solutions Inc. (TSXV:DMGI) has entered into a definitive license agreement to provide technology solutions for Marathon and its new Digital Currency Miners of North America (DCMNA) pool. According to the press release, “unique features of DMG’s Blockseer pool technology include the ability to filter transactions to ensure AML and OFAC compliance in anticipation of impending US regulations.” Merrick Okamoto, Marathon’s chairman and CEO, explained:

 

“While institutional interest in Bitcoin is accelerating, many large funds and corporations have expressed concerns over purchasing Bitcoin that may have been tainted by nefarious actors. Our pools’ initiatives are grounded on decentralization, transparency, legal compliance with U.S. rules and regulations, and independent auditability under U.S. auditing standards. While we appreciate some miners’ appetite for processing transactions indiscriminately, it is our belief that as a publicly listed company based in the United States, and as one focused on enabling more institutional adoption of Bitcoin, it is our responsibility to follow U.S. regulations. We believe that such regulatory compliant mining will allow us to produce ‘clean’ Bitcoin, which will enable a greater number of institutions to gain exposure to this new asset class, ultimately benefiting our organization, our shareholders, and the broader network.”

 

Hut 8 Mining Corp. (TSX:HUT) is working with Seattle-based hashrate manager Luxor Technology Corporation on hashrate best-price execution. Hut 8 has also allocated a portion of its SHA-256 hashrate to Luxor to advance its recently announced expansion into Ethereum (ETH) mining. Hut 8 CEO, Jamie Leverton, said:

 

"I'm excited to work with Luxor because they are innovators in the mining services industry; they continue to develop data driven products (Hashrate Index, Switch, Catalyst), are recognized for their deep understanding and insight of the industry, and Luxor is North American-based with a skilled and growing team. A pleasure to work with."

 

Graph Blockchain Inc. (CSE:GBLC) has deployed capital, with the allocation of $300,000, into Cardano’s native token ADA, for the purpose of staking. Paul Haber, CEO of Graph Blockchain, said:

 

“As outlined in previous news releases, Graph believes that in 2021, there is the potential for smart contract platforms to implement solutions to facilitate mass adoption on decentralized blockchains. Cardano is widely believed to be just the project to accomplish this, and Graph is excited to add ADA, to the Company's list of supported projects."

 

Sam Mowers, Investorideas

 

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

 

Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood , Acorn, Stash  and others.

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

The Crypto Corner is part of the Investor Ideas Membership content

The Investorideas.com podcasts are also available on iTunes ( Apple Podcasts) ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Play Music 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/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Cryptocurrency Disclaimer

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

Download our Mobile App for iPhone and Android 

 

Join our Investor Club https://www.investorideas.com/membership/

 

Contact Investorideas.com

800-665-0411

 

 

 



Get more Bitcoin and Blockchain Investor ideas  – news, articles, podcasts and stock directories

No comments: