BIGG:CC - Crypto Corner Podcast: BTBT BIGG DGHI

2023-05-18 14:00:00 ET

Vancouver, Kelowna, Delta, BC - May 18, 2023 (Investorideas.com Newswire) 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 ).

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Stocks discussed: (NasdaqCM:BTBT) (CSE:BIGG) (NasdaqCM:DGHI)

Bit Digital, Inc. ( NasdaqCM:BTBT ) has finalized an agreement to expand its Bitcoin ( BTC ) mining presence into Iceland. This gives the company access to Iceland's abundant renewable energy resources allowing it to further diversify its hosting operations. Bit Digital has already settled a two-year agreement with GreenBlocks ehf for roughly 8.25 megawatts of incremental hosting capacity at a facility in Reykjanesbaer, Iceland. Sam Tabar, Bit Digital's CEO, commented:

"We are pleased to announce our partnership with GreenBlocks and our entry into the Icelandic market. Our experience with GreenBlocks has been exceptional, and we appreciate their professionalism in facilitating our entry into the country. This partnership aligns well with our sustainability goals and our mission to diversify our hosting portfolio across different geographies and jurisdictions. Iceland's clean energy abundance and supportive government policies provide an ideal environment for our mining operations, and we anticipate a productive and successful collaboration for years to come."

BIGG Digital Assets Inc. ( CSE:BIGG ) has announced that its online cryptocurrency brokerage subsidiary, Netcoins, is launching Staking services for Ethereum ( ETH ) in Canada. Netcoins gained full approval to offer Crypto Staking Services in the Canadian market on May 15, 2023, from the British Columbia Securities Commission (BCSC). BIGG Digital Assets CEO Mark Binns said:

"Netcoins is now 1 of only 3 regulated crypto staking platforms in Canada, and this approval is a big step forward for our platform and future. This shows our high level of engagement with the Canadian regulators and our maturity - we have nearly 10 years of experience in the Canadian crypto industry. With staking, we look forward to welcoming new customers to the platform on the back of this substantial new offering."

Digihost Technology Inc. ( NasdaqCM:DGHI ) has posted a summary of its unaudited financial results for the period ended March 31, 2023, and a 2023 year-to-date update on operations. Highlights include revenue of $4.1 million USD from digital currency mining and sale of energy in the quarter, the mining of approximately 168 BTC, and total assets of $51.90 million as of the period’s end. The company also acquired roughly 1,700 high performance BTC miners during Q1 2023, and is currently self-mining at a rate of 1 EH and hosting at 770 PH for a total of 1.770 EH.

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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