Monday, March 14, 2022

#CryptoCorner #Podcast 793: #Stocks discussed: (NasdaqGM: $BITF) (NasdaqGS: $ARBK) (NasdaqGS: $CORZ)

 



 

 

#CryptoCorner #Podcast 793: #Stocks discussed: (NasdaqGM: $BITF) (NasdaqGS: $ARBK) (NasdaqGS: $CORZ)

 

Austin, TX Mayor Looking into #Blockchain and #Crypto Options for City, Bitfarms Acquires New Site in Quebec, and Argo Signs Fleet Swap Agreement with Core Scientific

 

Vancouver, Kelowna, Delta, BC, March 14, 2022 -  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/2022/031422-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2022/crypto-corner/03141BITF-ARBK-CORZ.asp

 

Get the Crypto Corner Podcast on iTunes

 

Get the Crypto corner on Spotify

 

Stocks discussed: (NasdaqGM:BITF) (NasdaqGS:ARBK) (NasdaqGS:CORZ)


Cointelegraph reports that Steve Adler, the mayor of Austin, Texas, has undertaken initiatives to embrace blockchain technology and crypto payments for the city. As part of the first initiative, Adler has “directed the city manager” to look into implementing Web3 and blockchain technology “in 20 fields from smart contracts, supply chain management and insurance to arts, media, fundraising and identity verification.” Adler’s second initiative orders the city manager to run a study to determine ways the city can adopt cryptocurrencies such as Bitcoin (BTC), including possibly as a means to pay “municipal taxes, fees, and penalties.”

 

Bitfarms Ltd. (NasdaqGM:BITF) has recently acquired new land and a building in Sherbrooke, Québec, Canada. Called Garlock, the new location is believed to have a power capacity of 18 megawatts (MW) and is intended to replace the company’s existing de la Pointe facility. Geoff Morphy, President and COO of Bitfarms, explained:

 

“When completed, total planned capacity of our three Sherbrooke farms, which also include Leger and The Bunker, will fully utilize Hydro-Sherbrooke’s contracted power of 96 MW. The new farm is part of our commitment with the City of Sherbrooke to re-locate production and phase out our de la Pointe facility. As we have done with our other locations, Garlock will be outfitted with the latest in sound reduction and monitoring technology. We expect a smooth transition in production as we work to bring the farm fully online in the first quarter of 2023, at which point operations at the de la Pointe facility will be closed and the facility will be sold.”

 

Argo Blockchain (NasdaqGS:ARBK) has signed a fleet swap agreement with Core Scientific, Inc. (NasdaqGS:CORZ) that will see Argo exchange its Bitmain Antminer S19 series bitcoin mining fleet, hosted at Core for S19J Pro bitcoin miners previously ordered by Core, to be delivered directly to Argo's new Helios facility. Peter Wall, the CEO of Argo, said:

 

"The agreement with Core marks the final step towards our strategic objective of owning and operating all our miners, a path which we chose to pursue in 2020. While we have been pleased with the performance of our miners hosted with Core, this agreement allows us to upgrade our existing fleet and strengthen our mining infrastructure, while greatly reducing the operational risk of relocating between facilities. Finally, we greatly appreciate the hosting services provided by Core Scientific, as well as their flexibility in supporting our strategy shift."

 

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/

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

 

Contact Investorideas.com

800-665-0411

 



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

 

No comments: