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Crypto Corner Podcast 704: Stocks discussed: (TSXV: DGHI) (NasdaqCM: EQOS) (CSE: BTC)

Point Roberts, WA and Delta, BC – October 28, 2021 (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.

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https://www.investorideas.com/Audio/Podcasts/2021/102821-CryptoMarket.mp3

Crypto Corner Podcast 704: Stocks discussed: (TSXV: DGHI) (NasdaqCM: EQOS) (CSE: BTC)

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Stocks discussed: (TSXV:DGHI) (NasdaqCM:EQOS) (CSE:BTC)

Digihost Technology Inc. (TSXV:DGHI) has announced the receipt of 1,040 new, technologically advanced, high-performance M30 Bitcoin (BTC) miners, which are expected to be online and fully operational by the end of next week. Moreover, the company confirmed that 3,040 M30 miners are currently in transit to its data center, and anticipates a hash rate increase to approximately 500PH by the middle of November. Michel Amar, Digihost’s CEO, said:

“With 2,992 new generation miners having arrived at our facility in the last two weeks and with 3,040 more M30s currently en route, the Company is significantly scaling up its operational capabilities and placing a greater hashrate online. As further deliveries of high efficiency miners arrive at our data center, the Company will build upon the momentum of last quarter’s mining results and continue to execute on our multiyear growth strategy as we head into 2022.”

EQONEX Labs, the crypto research arm of EQONEX (Diginex) Limited (NasdaqCM:EQOS), has released a research report, analyzing the evolution and adoption of the Polkadot protocol. The CEO of EQONEX, Richard Byworth, commented:

“Polkadot presents a strong investment opportunity given the technology was developed to address the issues inherent in blockchain. While some commentators are describing Polkadot as a challenge to Ethereum [ETH[, we see it as a valuable next-generation ecosystem that has the potential to deliver enormous value, and this was our rationale for listing a Polkadot (DOT) token on the exchange and adding it to our Digivault custody offering.”

Bluesky Digital Assets Corp. (CSE:BTC) has received a $1.2 million CAD mining hardware order from Pandaminer in its primary mining facility. According to the press release, these new GPU mining rigs “are expected to be put into full production within the next 15-30 days.” Bluesky’s COO, Anthony R. Pearlman, said:

“The addition of this GPU based mining equipment extends our balanced approach of hardware mining types for diversified positioning for the crypto targets we mine. The timing of this order could not be better as we are now in the final phase of our major expansion of our primary facility and we will have the power and infrastructure to put this new equipment into production fast and put our shareholder and investor dollars to work during a positive trending crypto market!”

Sam Mowers, Investorideas

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