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Shares mentioned: (NasdaqCM: HIVE) (NasdaqCM: CIFR) (TSXV: CBIT)

Vancouver, Kelowna, Delta, BC – January 13, 2023 (Investorideas.com Newswire) Investorideas.com, a pacesetter in crypto and blockchain investing information brings you right this moment’s version of the Crypto Nook podcast and commentary on what’s driving cryptocurrency shares and the crypto market.

At present’s podcast is sponsored by Fintech Firm AppTech Funds Corp. (NasdaqCM:APCX).

The Investor concepts Crypto Nook was named one in all 14 Greatest Crypto & Blockchain Podcasts for Jun 2022: https://www.yoreoyster.com/weblog/best-crypto-podcasts/

Hearken to right this moment’s Crypto Nook Podcast:

https://www.investorideas.com/Audio/Podcasts/2023/011323-CryptoMarket.mp3

Crypto Nook Podcast 918: Shares mentioned: (NasdaqCM: HIVE) (NasdaqCM: CIFR) (TSXV: CBIT)

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Shares mentioned: (NasdaqCM:HIVE) (NasdaqCM:CIFR) (TSXV:CBIT)

HIVE Blockchain Applied sciences, Ltd. (NasdaqCM:HIVE) has introduced the business deployment of the HIVE BuzzMiner powered by the Intel Blockscale ASIC. Based on the press launch, this follows months of planning, engineering improvement, implementing manufacturing facility QA processes, area testing and world collaboration. Aydin Kilic, President & COO of HIVE, defined:

“The HIVE BuzzMiner is a top quality and strong machine and we’re more than happy with the completed product. Our technique to vertically combine our enterprise to incorporate the event and manufacturing of our personal Bitcoin [BTC] ASIC miner, represents a major milestone in HIVE’s development of our inexperienced power centered Proof-of-Work initiatives. Along with having design enter and visibility, we’re capable of optimize the perform of the HIVE BuzzMiner to fulfill demand response packages, so we are able to take part in grid balancing initiatives, which is a part of our world power technique. What is exclusive in regards to the HIVE BuzzMiner is the dynamic vary of operation. We’re capable of function our machines from 110 TH/s to 130 TH/s, permitting us to optimize the profitability of our fleet, by various the facility consumption and machine effectivity. Accordingly, our preliminary construct of 5,800 HIVE BuzzMiners, can produce between 638 PH/s to 754 PH/s.”

Cipher Mining Inc. (NasdaqCM:CIFR) has reported its unaudited manufacturing and operations updates for December 2022. Highlights embrace the mining of 225 BTC, the promoting of 39 BTC, a at present deployed fleet of 28,000, and a hashrate of two.8 EH/s as of the top of the month. Tyler Web page, the corporate’s CEO, commented on the progress on the Odessa web site:

“This fast progress demonstrates the experience of our wonderful deployment and operations groups. As is at all times the case at Cipher, we maintained a relentless deal with price self-discipline, and introduced through the month that we had bought 7,200 new rigs at very enticing costs, bringing our whole bought fleet for self-mining to over 59,000 rigs.”

Cathedra Bitcoin Inc. (TSXV:CBIT) has printed its current operations and company updates. Highlights embrace the receipt of 1,385 Bitmain Antminer S19J Professional machines – 920 of that are being put in on the firm’s mine in Washington, and the optimization of operations by the discount of energy draw to enhance machine effectivity at two websites. Administration commentary from the press launch reads:

“In market situations like these, one should suppose like a cockroach. After deploying these extra machines, bettering the effectivity of some current machines by underclocking, and additional lowering our overhead, we’ll proceed to generate optimistic EBITDA underneath present market situations.”

Sam Mowers, Investorideas

For traders following the sector Investor Concepts has a complete Bitcoin, Blockchain and Digital Foreign money Shares Listing

Podcast sponsor:

AppTech Funds Corp. (NasdaqCM:APCX) is an modern Fintech firm whose mission is to ship a greater approach for companies to supply their prospects with immersive commerce experiences. Commerse™, its all-new, patent-backed expertise platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives extremely safe, scalable, cross-border digital banking, text-to-pay, crypto funds and service provider providers altogether from a single, unified stack designed to extend operational efficiencies and development for companies whereas offering the financial comfort that their prospects demand from right this moment’s commerce experiences. For extra info, go to apptechcorp.com.

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