Investor Ideas, Trading Ideas and Stocks to Watch : #CryptoCorner #Podcast 694: #Stocks discussed: (NasdaqGS: $COIN) (TSXV: $DGHI.V) (CSE: $BTC.C)

Thursday, October 14, 2021

#CryptoCorner #Podcast 694: #Stocks discussed: (NasdaqGS: $COIN) (TSXV: $DGHI.V) (CSE: $BTC.C)

#CryptoCorner #Podcast 694: #Stocks discussed: (NasdaqGS: $COIN) (TSXV: $DGHI.V) (CSE: $BTC.C)

Coinbase to Launch NFT Platform, Digihost Receives Nearly 2,000 New Miners, and Bluesky Reports September Mining Results

Point Roberts, WA, Delta BC October 14, 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/2021/101421-CryptoMarket.mp3

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/10141COIN-DGHI-BTC.asp

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Stocks discussed: (NasdaqGS:COIN) (TSXV:DGHI) (CSE:BTC)

Coinbase (NasdaqGS:COIN) published a blog post recently announcing Coinbase NFT, described as “a peer-to-peer marketplace that will make minting, purchasing, showcasing, and discovering NFTs easier than ever.” A further excerpt reads:

We will make it effortless for artists to maintain creative control through decentralized contracts and metadata transparency. All NFTs are on-chain. The initial launch will support Ethereum [ETH] based ERC-721 and ERC-1155 standards with multi-chain support planned soon after. We’ll provide the best user experience, but we’ll never lock creators in.

Cointelegraph reports today that nearly “1.1 million people” are signed up for the Coinbase NFT waitlist.

Digihost Technology Inc. (TSXV:DGHI) has received 1,952 new M30 Bitcoin (BTC) miners, which “are currently being installed at the Company’s data center and are expected to be fully operational within the next two weeks.” Digihost CEO Michel Amar said:

“We are pleased to announce receipt of these 1,952 new generation miners, representing another significant operational milestone as part of our ongoing efforts to scale up our mining operations. The Company anticipates receiving additional shipments of the same miners in the coming weeks as we maintain focus on our strategy of generating tremendous growth and value for our shareholders.”

Bluesky Digital Assets Corp. (CSE:BTC) has announced the mining of 2.46 Bitcoin and 43.95 Ethereum, making for a total of $322,563 CAD for the month of September. The company’s CEO, Ben Gelfand, explained:

"The Corporation, in line with its ongoing expansion plans, initiated and completed the installation of major additional electrical infrastructure in September which temporarily halted mining at our primary mining as we temporarily shut down all live utility feeds to add in large electrical scale components such as larger capability transformers. Expansion efforts were the primary cause of the pull back from the record production numbers we witnessed in the month of August. With the overall power and overall facility expansion very close to full completion, we now can rapidly expand our operations as our primary facility can now handle approximately two and a half times more production capacity than it previously did before the expansion."

Sam Mowers, Investorideas

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