Investor Ideas, Trading Ideas and Stocks to Watch : #CryptoCorner #Podcast 928: #Stocks discussed: (NasdaqCM: $CLSK) (NasdaqCM: $MIGI) (TSXV: $DMGI.V)

Thursday, February 16, 2023

#CryptoCorner #Podcast 928: #Stocks discussed: (NasdaqCM: $CLSK) (NasdaqCM: $MIGI) (TSXV: $DMGI.V)

#CryptoCorner #Podcast 928: #Stocks discussed: (NasdaqCM: $CLSK) (NasdaqCM: $MIGI) (TSXV: $DMGI.V)

CleanSpark Purchases 20,000 New BTC Miners, Mawson Infrastructure Expands its Midland, PA Facility, and DMG Posts Operational Updates

Vancouver, Kelowna, Delta, BC February 16, 2023 - 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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https://www.investorideas.com/Audio/Podcasts/2023/021623-CryptoMarket.mp3

Read this in full at https://www.investorideas.com/news/2023/crypto-corner/02161CLSK-MIGI-DMGI.asp

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Stocks discussed: (NasdaqCM:CLSK) (NasdaqCM:MIGI) (TSXV:DMGI)

CleanSpark, Inc. (NasdaqCM:CLSK) has announced a purchase of 20,000 brand new Antminer S19j Pro+ units for $43.6 million. According to the press release, the company plans to deploy the fleet of new machines at its wholly-owned Bitcoin (BTC) mining locations in the USA with 15,000 of them planned for its Washington, Georgia, facility. Zach Bradford, CleanSpark’s CEO, said:

“Building and owning our own mining campuses at multiple locations provides us with a level of agility and reliability that cannot be achieved otherwise. As machines are delivered to us we will have rackspace waiting for them at one of our sites. This is the advantage of proprietary mining or the ‘prop mining’ model. We exercise tremendous control over our infrastructure and, therefore, our ability to be highly efficient in the way we allocate our resources.”

Mawson Infrastructure Group, Inc. (NasdaqCM:MIGI) has installed two additional substation transformers at its 100 MW Midland, PA site, aimed at powering the second 50MW of capacity at the facility, which is capable of holding up to 29,400 miners and producing up to 3.5 exahashes per second (EH/s) upon full deployment. The company’s COO, Liam Wilson, commented:

“We are excited to see this fantastic site come to life and are equally as excited about the results we expect to see through our Bitcoin self-mining, hosting and Energy Markets Program revenue streams. The financial flexibility of Mawson’s diversified revenue streams is what makes these sites so attractive. This site also operates on carbon-free power, which is a great help towards meeting our ESG targets. Mawson is looking forward to a strong start to our 2023 with rapidly expanding our operations."

DMG Blockchain Solutions Inc. (TSXV:DMGI) has announced its January preliminary operational results. Highlights include the mining of 100.2 BTC, a realized hashrate of 0.91 EH/s, and a Bitcoin balance of 413.8 BTC as of January 31, 2023. The company also reported the completion of its Petra platform, which according to the press release, “is designed to bring subscribers enhanced options when initiating crypto transactions, including KYC on wallets, AML on transactions and routing via DMG’s Terra Pool, a carbon neutral mining pool.” DMG’s CTO Adrian Glover explained:

“Using DMG’s Blockseer suite of technologies, we have introduced an option for companies and individuals who have particular interest in governance, regulatory issues, and ESG goals. The goal of these products is to give greater optionality than was previously available to those individuals and organizations in how they can choose to interact with the bitcoin blockchain.”

Sam Mowers, Investorideas

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

Podcast sponsor:

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™, 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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