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Crypto Corner Podcast 856: Stocks discussed: (NasdaqCM: CLSK) (NasdaqCM: MIGI) (CSE: BIGG)

CleanSpark Acquires Miner Purchase Order and Partners with TMGcore, Mawson Reports Record Month for BTC Mining, and Blockchain Intelligence Group Launches "NFT Explorer"

 

Vancouver, Kelowna, Delta, BC - June 17, 2022 (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.

Listen to today's Crypto Corner Podcast:

https://www.investorideas.com/Audio/Podcasts/2022/061722-CryptoMarket.mp3

Crypto Corner Podcast 856: Stocks discussed: (NasdaqCM: CLSK) (NasdaqCM: MIGI) (CSE: BIGG)

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Coinbase Reduces Staff by 18% Amid Market Crash, Banxa Partners with WonderFi, and Digihost to Acquire New 55MW Site

Stocks discussed: (NasdaqCM:CLSK) (NasdaqCM:MIGI) (CSE:BIGG)

CleanSpark, Inc. (NasdaqCM:CLSK) has acquired an existing purchase contract for 1800 Antminer S19 XP units, which once fully deployed are expected to add over 252 petahash per second (PH/s) to the firm's Bitcoin (BTC) mining capacity. CleanSpark has also partnered with TMGcore Inc., described in the press release as "a global leader in the development, commercialization and deployment of high performance computing solutions, which includes ASIC mining applications," to expand its immersion-cooled infrastructure for sustainable mining. JD Enright, Sr., CEO of TMGcore, commented:

"We are thrilled to partner with CleanSpark, one of the largest bitcoin mining companies, and a company that is demonstrating its leadership in sustainable bitcoin mining by procuring TMGcore's HPC immersion-cooling solutions. Our immersion solutions use up to 77% less water and are up to 4,000 times more efficient than traditional air cooling. Our expertise in thermal science directly translates into engineering commercial-grade solutions which will provide CleanSpark a unique advantage in sustainably mining Bitcoin."

Mawson Infrastructure Group, Inc. (NasdaqCM:MIGI) has reported a record month of self-mined Bitcoin for the month of May 2022. The company produced 185 Bitcoin in the month - an increase of 362 percent from May 2021, and currently boasts approximately 40,000 ASIC deployed Bitcoin Miners at its facilities across its Self-Mining and Hosting Co-location businesses. The company's Founder and CEO, James Manning, said:

"May was another solid month of operational growth, with the Mawson team having now rapidly deployed more than 56 megawatts over the last 3 months. We have now received our final shipment of ASIC Bitcoin Miners for our Self-Mining business, meaning we have the flexibility to assess the spot market for future orders when appropriate."

Blockchain Intelligence Group, a subsidiary of BIGG Digital Assets Inc. (CSE:BIGG), has announced the launch of NFT Explorer, described as "the first risk and investigation solution for NFTs," built on the company's QLUE data analytics platform. Lance Morginn, the President of Blockchain Intelligence Group, explained:

"We're excited to launch a true innovation in blockchain analytics. The NFT Explorer positions Blockchain Intelligence Group as an ideal blockchain solution partner for law enforcement, finance and crypto. With the increasing number of scams and hacks impacting the adoption of NFTs, it's critical that blockchain investigators, as well as traditional financial institutions, can track them effectively to mitigate risk. We're proud to be the first blockchain analytics company to provide a solution specifically created to track NFTs and support further adoption."

Sam Mowers, Investorideas

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