#Cleantech and #ClimateChange #Podcast – Amazon’s (NASDAQ: $AMZN) $2 Billion Climate Pledge Fund – Can they do More?

  

#Cleantech and #ClimateChange #Podcast – Amazon’s (NASDAQ: $AMZN) $2 Billion Climate Pledge Fund – Can they do More?

Point Roberts WA, Delta BC, June 24. 2020  – (Investorideas.com Newswire) - Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks (Renewableenergystocks.com) issues today’s edition of the Cleantech and Climate Change Podcast, talking about today's problems and solutions for the future.

Listen to the Podcast:

https://www.investorideas.com/Audio/Podcasts/2020/062420-CleanTech.mp3

Read this in full at https://www.investorideas.com/news/2020/cleantech-climatechange/06241AMZN-ClimatePledgeFund.asp

Listen to the cleantech and climate change podcast on Spotify

Today, Investorideas.com is looking at news this week from Amazon (NASDAQ: AMZN) and its $2 Billion promise to address climate change. Earlier this year over 400 employees, part of the Amazon Employees for Climate Justice posted their quotes on Medium inciting the corporation to take real action 

The $2 Billion is a large commitment but looking at their first quarter numbers, that we know are going to be even higher next quarter, it is a drop in the bucket. On April 30^th the company reported net sales increased 26% to $75.5 billion in the first quarter, compared with $59.7 billion in first quarter 2019. Excluding the $387 million unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 27% compared with first quarter 2019.

Amazon (NASDAQ:AMZN) announced  this week The Climate Pledge Fund to support the development of sustainable technologies and services that will enable Amazon and other companies to meet The Climate Pledge—a commitment to be net zero carbon by 2040. This dedicated venture investment program—with an initial $2 billion in funding—will back visionary carbon emissions. Amazon’s new Climate Pledge Fund will accelerate investment in innovations for the zero carbon economy of the future.

“The Climate Pledge Fund will look to invest in the visionary entrepreneurs and innovators who are building products and services to help companies reduce their carbon impact and operate more sustainably,” said Jeff Bezos, Amazon founder and CEO. “Companies from around the world of all sizes and stages will be considered, from pre-product startups to well-established enterprises. Each prospective investment will be judged on its potential to accelerate the path to zero carbon and help protect the planet for future generations.”

The Climate Pledge Fund will invest in companies in multiple industries, including transportation and logistics, energy generation, storage and utilization, manufacturing and materials, circular economy, and food and agriculture. Over time, Amazon will also look for opportunities to involve other Climate Pledge signatories in this venture investment program.

“Amazon has demonstrated its leadership in adopting low carbon technologies at scale,” said Rivian CEO R.J. Scaringe. “Their investment in Rivian and subsequent order of 100,000 electric delivery vans will substantially shrink the carbon footprint of Amazon’s package delivery network. We're excited about a future of decarbonized delivery services.”

Amazon also released its 2019 sustainability report and an update on the company’s sustainability goals and programs, including:

Amazon announced it’s on a path to run on 100% renewable energy by 2025, five years ahead of schedule. As part of The Climate Pledge, Amazon had previously committed to reach 80% renewable energy by 2024 and 100% renewable energy by 2030.

To date, Amazon has announced 91 renewable energy projects around the globe. Together, these projects totaling over 2,900 MW of capacity will deliver more than 7.6 million MWh of renewable energy annually, enough to power 680,000 U.S. homes.

Amazon made two investments from its $100 million Right Now Climate Fund in nature-based solutions and reforestation projects around the world, including a reforestation project in the Appalachians in the U.S. and an urban greening initiative in Berlin, Germany.

Since 2015, Amazon has reduced the weight of outbound packaging by 33% and eliminated more than 880,000 tons of packaging material, the equivalent of 1.5 billion shipping boxes.

I don’t know about you but packaging is one my biggest pet peeves. It drives me crazy when something arrives with so much packaging it’s a challenge just to get it open. I still see a lot of waste – we can do better.

So Amazon thanks for the $2 Billion but as we see the next quarter roll out maybe you can do more and donate more!  

Thanks, that’s it for today. Do something good for this beautiful planet each and every day.

Podcast host: Dawn Van Zant, founder of Investorideas.com

If you would like to be a guest on this podcast and tell your story please call me at 800 665 0411

For investors following cleantech stocks we do have a directory of publicly traded stocks – visit

https://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Sticher, Spreaker.com, iHeart.com and Google Play Music.

Visit the Cleantech and Climate Change Podcast page at Investorideas.com

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 Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

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

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Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 433 (TSXV: $KHRN.V) (TSX: $VIVO.TO) (OTC: $BBRW) (CSE: $IMCC.C)

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 433 (TSXV: $KHRN.V) (TSX: $VIVO.TO) (OTC: $BBRW) (CSE: $IMCC.C)

Delta, Kelowna, BC, June 24, 2020 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks and its potcast site, www.potcasts.ca  release today’s podcast edition of  cannabis news and stocks to watch plus insight from thought leaders and experts.

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2020/062420-StocksToWatch.mp3

Read this in full at https://www.investorideas.com/news/2020/cannabis-potcasts/06241KHRN-VIVO-BBRW-IMCC.asp

Hear Investor ideas cannabis potcast on iTunes  

Hear the investor ideas potcast on Spotify

Today’s podcast overview/transcript:

Good afternoon and welcome to another episode of Investorideas.com "Potcast" featuring cannabis news, stocks to watch as well as insights from thought leaders and experts.

In today’s podcast we look at a few public company announcements.

Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNF) announced the completed installation of a state-of-the-art 2,600 panel solar park that will generate electricity to power the Company's production facility in Doima, Colombia.

Developed with ReFeel, a leading Italian renewable Company with more than 80 MW installed in Europe and Latin America, Khiron's solar park is expected to generate up to 700 kWh through a photovoltaic (PV) system that comprises 2,618 installed solar panels. With the construction of the PV system, Khiron can self-generate up to 40% of the energy it needs for day-to-day facility operations and is expected to reduce CO2 emissions by 570 tons a year.

"Installation of the solar park at our Doima production facility brings Khiron exponential efficiencies, allowing us to significantly reduce operational energy costs and benefit from tax reductions, as we actively commit to deploying sustainability initiatives across our operations," comments Khiron CEO and Director Alvaro Torres. "We're proud to take actions aimed at sharply reducing greenhouse gas emissions and making this contribution to help counter the global environmental challenge."

The solar park project delivered direct employment to a team of 20 personnel in the local Doima community and provided access to globally recognized solar energy technical training in PV systems and renewable energy installations, enhancing the teams future participation in projects of the same type, at a regional and national level. "We are continuing to support the Doima community, improving resource and waste management in the area as part of our company-wide sustainability program," continues, Mr. Torres.

VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF) and its subsidiaries have entered into both a product supply agreement and a clinic services agreement with Medical Cannabis by Shoppers™.

Under the terms of the supply agreement, the Company's licensed producers will offer a broad portfolio of Canna Farms™ and Beacon Medical™ branded medical cannabis products through the Medical Cannabis by Shoppers™ online sales platform, including its latest 2.0 offerings such as chocolates and extracts. VIVO-branded products will be accessible to Medical Cannabis by Shoppers™ patients across Canada.

"We have a six-year track record of cultivating and producing high-quality, medical-grade cannabis and are thrilled to partner with Shoppers Drug Mart Inc." said Barry Fishman, CEO of VIVO. "VIVO is extremely committed to the medical cannabis market. We are pleased to be able to leverage the insights learned from over 100,000 patient visits to our Harvest Medicine clinics and telemedicine platform. As we continue to invest in product development to expand our medical cannabis product line and satisfy unmet patient needs, we are excited by the prospect of introducing our novel future offerings to Medical Cannabis by Shoppers™ patients."

Under the terms of the clinic services agreement, the Company's subsidiary, Harvest Medicine, will provide cannabis education services to patients who are appropriate candidates for cannabinoid-based products available from Medical Cannabis by Shoppers™ and provide consulting services to its Cannabis Care team.

"As a leading clinic network dedicated to advancing medical cannabis patient outcomes through quality education, the team of health care practitioners at Harvest Medicine look forward to developing a collaborative interdisciplinary approach to medical cannabis care with Medical Cannabis by Shoppers™," commented Carole Chan, President of Harvest Medicine.

BrewBilt Manufacturing Inc. (OTC: BBRW) announced that the Beer-Industry giants are turning to CANNA-BEER processing in an effort to boost sales. As the laws continue to evolve, canna-beer, as part of the larger cannabis-infused beverage category, presents unique opportunities for seasoned and new users alike. More than just another way to get high, THC-infused beers offers a consistent, predictable, and responsible way to engage with cannabis.

CEO Jef Lewis stated, “We just received $1,050,000 in new orders, brewery and cannabis, in the past 48 hours. Statistical trends for 2020 indicated that quality was the most important factor when choosing an alcohol brand, so while consumers may not be drinking as frequently, when they do drink, they’re opting for quality over quantity or mindful drinking. 58% of Beer-Industry insiders state that quality beer and equipment is the new trend for 2020. BrewBilt has the highest reputation for quality equipment for cannabis and brewery systems. The future of our revenue model is based upon “ghost-breweries” where there is a huge demand for contract brewing and packaging, 68% of activity on the platform this year has come from people looking for contract brewing capacity. The white label market was valued at $100B in 2020 across all sectors. 32% of tender requests on the platform are for white label.”

Lewis further stated, “The future of BrewBilt is vibrant and aggressive as we meet quality demands in our industries. This means stabilization and a re-energized core of more successful breweries. Additionally, as we’ve already seen, the rise of cannabis and sobriety will play a role on the further impact of the beer category. The continued maturation of the category is going to force owners and leadership to get more organized, prepared, and professional. BrewBilt is on that forefront as growing demand for beers that are high in flavor and food compatibility, but lower in calories: fruit-infused sour beers and low-cal IPAs are two categories we believe will grow strong for many years to come. Our customers have come to trust our manufacturing processes and quality, and are going to continue demanding the latest new products. Their taste profiles will evolve over the next decade and we’ll see companies in our space evolve with our customers. For BrewBilt the next 10 years should be about making sure beer is America’s beverage of choice.”

IM Cannabis Corp. (CSE:IMCC), one of the world's pioneering medical cannabis companies with operations in Israel and across Europe, announced today that a recent peer-reviewed study conducted by Professor Dedi Meiri at the Technion – Israeli Institute of Technology ("Technion") investigating the associations between phytocannabinoid treatment and migraine frequency, found that medical cannabis results in long-term reduction of migraine frequency in over 60% of treated patients1. The study also found that medical cannabis is associated with less disability and lower antimigraine medication intake. Furthermore, Technion's research indicated that two strains used in the study (IMC's London and Tel-Aviv strains) were found to be specifically effective.

"At IMC, we have high conviction that the development of evidence-based research in medical cannabis will lead to a new generation of medical products to treat a variety of indications and illnesses over the long-term. We will continue to partner with visionaries and leading researchers such as Professor Dedi Meiri and Technion to advance research and development of medical cannabis as it aligns strongly with our vision of leadership in global medical cannabis," said Oren Shuster, CEO of IMC. "The results of this study follow our announcement last week of a binding term sheet with MGC Pharmaceuticals Ltd. to distribute CannEpil® in Israel for the treatment of refractory epilepsy. As we continue to develop relationships with innovators in research and development, we plan to use our global distribution network to bring a range of high-quality medical cannabis products to patients across the world."

Professor Dedi Meiri, commented, "In the past five years, my lab, together with the main growers in Israel, have been running the Israeli database project. As part of this project, we have been testing the associations between phytocannabinoid treatment and migraine frequency. In this work we observed that 89% of the respondents reported lower current migraine disability and lower negative impact, and lower rates of opioid and triptan consumption. Moreover, we were able to demonstrate that the respondents consumed cannabis strains with higher doses of the phytocannabinoid ms_373_15c and lower doses of the phytocannabinoid ms_331_18d. Two of the most impactful strains in the study were IMC branded strains, Tel-Aviv and London."

Investor ideas reminds all listeners to read our disclaimers and disclosures on the Investorideas.com website and that this podcast is not an endorsement to buy products or services or securities. Investors are reminded all investment involves risk and possible loss of investment.

Learn more about our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp

Or www.potcasts.ca

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Potcasts is now a certified word mark Trademark on the blockchain through Cognate, Inc. CM Certification-Registration Number: 10468217708

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 .

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

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Investor Ideas does not condone the use of cannabis except where permissible by law. Our site does not possess, distribute, or sell cannabis products.

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#AIEye Episode 375: AWS (NasdaqGS: $AMZN) and #FormulaOne (NasdaqGS: $FWONA) Announce Racing Stats Powered by ML, NVIDIA (NasdaqGS: $NVDA) and Mercedes Plan In-Vehicle #AI Computing Infrastructure

#AIEye Episode 375: AWS (NasdaqGS: $AMZN) and #FormulaOne (NasdaqGS: $FWONA) Announce Racing Stats Powered by ML, NVIDIA (NasdaqGS: $NVDA) and Mercedes Plan In-Vehicle #AI Computing Infrastructure

AI Chip Market in Europe to Reach $16.04 Billion by 2027

Point Roberts WA, Vancouver BC – June 24, 2020  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence.

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2020/062420-AI-Eye.mp3

Read this in full at https://www.investorideas.com/news/2020/artificial-intelligence/06241AIEye-AMZN-FWONA-NVDA.asp

Hear the Ai Eye on Spotify  

Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NasdaqGS:AMZN) (NasdaqGS:FWONA) (NasdaqGS:NVDA)

Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN), and Formula One (NasdaqGS:FWONA), have together announced new racing performance stats for the 2020 season. The “six new, real-time racing statistics,” will leverage “a range of AWS services, including machine learning,” to give fans “more insight into the action on the track with combined driver, race team, and vehicle performance.” Mike Clayville, Vice President, Worldwide Commercial Sales at AWS, explained:

"Formula 1 racing mixes physics and human performance, yielding powerful, but complex data that AWS is helping them to harness. Our existing relationship with F1 has already produced statistics that have brought fans into the race paddocks, and our study of race car aerodynamics is influencing vehicle designs for the 2022 season. This year, we’re thrilled to extend the power of F1 data in the cloud and unlock new insights that help fans understand more of F1’s rich complexity."

NVIDIA Corporation (NasdaqGS:NVDA) is planning to enter a cooperation with Mercedes-Benz to “create a revolutionary in-vehicle computing system and AI computing infrastructure.” Set to roll out in 2024, this will see the fleet of next-gen Mercedes-Benz vehicles enabled with upgradable automated driving functions built on the NVIDIA DRIVE platform. Jensen Huang, founder and CEO of NVIDIA, commented:

“We are excited to work with Mercedes-Benz. It’s the perfect partner for us given its long record of innovation and our strong technical relationship. It’s clear from our extensive discussions with Ola and his team that we share a common vision of the automobile of the future. Together, we’re going to revolutionize the car ownership experience, making the vehicle software programmable and continuously upgradeable via over-the-air updates. Every future Mercedes-Benz with the NVIDIA DRIVE system will come with a team of expert AI and software engineers continuously developing, refining and enhancing the car over its lifetime.”

AI Chip Market in Europe to Reach $16.04 Billion by 2027

A report published by Cue Report finds that the AI Chip market in Europe will grow from $1.25 billion in 2018 to $16.04 billion in 2027 with a compound annual growth rate (CAGR) of 33 percent in the forecast period 2019-2027. An excerpt from the report’s summary outlines drivers in the market:

The considerable investments in artificial intelligence chip start-ups are anticipated to boost the market growth. Real-time consumer behavior insights and increased operational efficiency are driving the adoption of AI across industries that are further driving the growth of the AI chip market. Moreover, the integration of AI chips in edge devices is expected to boost the AI chip market growth in the forecast period. With AI accelerators evolving at an unprecedented rate, new hardware platforms are being optimized to facilitate greater autonomy to edge devices such as mobiles, embedded, and internet of things (IoT) devices. The proliferation of smartphone-embedded AI processors by tech giants like Apple, Samsung, and Google is already gaining traction and driving the growth of [the] AI chip market in edge devices. AI robotics is another noteworthy application of artificial intelligence, which is driving the growth of AI chips in self-driving cars, drones, smart appliances, and industrial IoT.

Sam Mowers, Investorideas.com

Read and hear other editions of the AI  Eye

For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member

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 Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

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

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#CryptoCorner: Episode 417: PayPal Fuels (NasdaqGS: $PYPL) #Crypto Rumours with Job Listings, Bithumb Planning IPO, Argo Expands Mining Capacity and HIVE (TSXV: $HIVE.V) Puts Newly Acquired Miners to Work

#CryptoCorner: Episode 417: PayPal Fuels (NasdaqGS: $PYPL) #Crypto Rumours with Job Listings, Bithumb Planning IPO, Argo Expands Mining Capacity and HIVE (TSXV: $HIVE.V) Puts Newly Acquired Miners to Work

Point Roberts, WA, Delta BC June 24, 2020 - 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/2020/062420-CryptoMarket.mp3

Read this in full at https://www.investorideas.com/news/2020/crypto-corner/06241PYPL-Bithumb-Argo-HIVE.asp

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Stocks discussed: (NasdaqGS:PYPL) (LSE:ARB) (TSXV:HIVE)

After the last Crypto Corner on Monday (June 22) it was reported on Cointelegraph that PayPal (NasdaqGS:PYPL) had posted job listings for crypto and blockchain experts on its official job board. This has fuelled rumours, according to the article, that the payments giant may be gearing up to “enable direct cryptocurrency purchases for its 305 million users.” Positions labelled “Technical Lead - Crypto Engineer” and a “blockchain research engineer” were posted. Elsewhere, an unnamed industry source told Coindesk:

“My understanding is that they are going to allow buys and sells of crypto directly from PayPal and Venmo. They are going to have some sort of a built-in wallet functionality so you can store it there.”

South Korean crypto exchange Bithumb is planning an IPO with Samsung Securities as an underwriter, according to local outlet MoneyToday. The article indicates that an IPO may assist the Bithumb in overcoming “unsettled challenges such as opaque shareholder composition, uncertainty about business continuity, taxation issues, protection of investors, and social reputation issues.”

UK-based crypto miner Argo Blockchain (LSE:ARB) has announced an expansion of its mining capacity. On June 19, the company purchased 750 Bitmain Z11 mining units for $474,000, which are already operating at full capacity having been put into production immediately at the time of acquisition. Peter Wall, CEO of Argo Blockchain, said

“We firmly believe that cryptocurrencies are well-positioned to become an even larger asset class, and that the correct strategy is continued investment in mining infrastructure. Argo's existing fleet of Z11s have performed extremely well, and we are pleased to add more equihash mining capacity to our fleet of machines."

HIVE Blockchain Technologies Ltd. (TSXV:HIVE) has put into operation its recently acquired 1,090 Bitmain Antminer T17+ 58 Terahash per second (TH/s) SHA 256 mining machines at its green energy-powered bitcoin mining operation in Quebec. Adding this to the firm’s recently installed 750 Bitmain Antminer S17+ 73 TH/s machines, which are also operational at the Quebec facility, brings its aggregate operating hash rate to “approximately 118 PH/s and is estimated to be operating at a gross mining margin above 40%”

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 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,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

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