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Crypto Corner Podcast 701: Stocks discussed: (NasdaqGS: HUT) (NasdaqCM: EQOS) (CSE: BTC)

Hut 8 Developing at Third Mining Site in Ontario, Canada, Diginex's EQONEX Exchange Lists Polkadot Token, and Bluesky Announces blueskyINTEL for its Strategic Blockchain Initiatives


Point Roberts, WA and Delta, BC - October 25, 2021 ( Newswire), 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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Crypto Corner Podcast 701: Stocks discussed: (NasdaqGS: HUT) (NasdaqCM: EQOS) (CSE: BTC)


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Stocks discussed: (NasdaqGS:HUT) (NasdaqCM:EQOS) (CSE:BTC)

Hut 8 Mining Corp. (NasdaqGS:HUT) has reported that development is underway on its third mining site, in North Bay, Ontario, Canada, in conjunction with Validus Power Corp. Beginning with 35MW of capacity, and expected to be online by the end of 2021, the site "will enable Hut 8 to generate power using a blend of by-product steam, hydrogen and natural gas along with a secondary geothermal system that ties in the data centre facility." Jaime Leverton, CEO of Hut 8, said:

"We couldn't be more excited to diversify our power blend across the country and to continue to take advantage of Canada's favourable climate. This third location demonstrates our commitment to sustainable technological innovation as we continue to expand our operations and strive to remain an industry leading Bitcoin [BTC] miner."

Diginex Limited (NasdaqCM:EQOS) has announced that its crypto exchange, EQONEX, has listed the Polkadot (DOT1) token. Richard Byworth, the company';s CEO, explained:

"We've listed this token due to its contribution to solving the problems of being able to offer interoperability, decentralisation and scalability simultaneously. Polkadot has also designed a ground-breaking blockchain protocol which allows for communication between different blockchains that are then connected, from a security and governance perspective by the core 'Relay Chain'."

Bluesky Digital Assets Corp. (CSE:BTC) has consolidated its R&D efforts in the areas of DEFI, Stablecoin, and AI (artificial intelligence) initiatives under one umbrella with the moniker blueskyINTEL. Bluesky';s COO, Anthony R. Pearlman, explained:

"To date our entire R&D has tied closely to the Blockchain and Blockchain technology so bringing it all together under a well-organized blockchain focus only makes sense. Our public facing engagement platform with BSI really represents us as a technology company behaving prudently as a business with a focus on diversification. In my career I have learned that you must not work with blinders on and you must look outside of your internal world. BSI represents us reaching out externally, and even at this early stage is a great way for us to validate our thinking. It also helps us lock in our plans for the future and for new releases of the website offering that will better reflect the reality of what business and users want through this early engagement. As we fully settle on a dedicated diversified business path and approach based on lessons learned through this varied user engagement, we will provide inter-stage updates in a timely fashion to our shareholders and investors."

Sam Mowers, Investorideas

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