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Crypto Corner Podcast 897: Stocks discussed: (NasdaqCM: RIOT) (CSE: BIGG) (NasdaqCM: FTFT)

Riot Blockchain Posts October Updates, BIG Launches Chinese Language Crypto Investigator, and Future FinTech Announces Deployment of Mining Machines at Ohio Site


Vancouver, Kelowna, Delta, BC - November 3, 2022 ( 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 897: Stocks discussed: (NasdaqCM: RIOT) (CSE: BIGG) (NasdaqCM: FTFT)


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Stocks discussed: (NasdaqCM:RIOT) (CSE:BIGG) (NasdaqCM:FTFT)

Riot Blockchain, Inc. (NasdaqCM:RIOT) has reported its unaudited production and operations updates for October 2022. Highlights include the production of 509 Bitcoin (BTC), the holding of about 6,825 BTC, and a deployed fleet of 65,516 miners with a hash rate capacity of 6.9 exahash per second (EH/s) as of October 31. Jason Les, CEO of Riot, said:

"October marked another month of executional excellence for Riot. We continued to make significant progress on the expansion of our Rockdale Facility, where we recently completed Building G, Riot's second immersion-cooled building, rapidly deployed new miners in parallel with new infrastructure buildout, and broke ground on the first phase of development on our new Corsicana facility. This focus on solid execution of our growth plans has resulted in another record hash rate capacity this month, as we progress towards our goal of reaching 12.5 EH/s in the first quarter of 2023."

Blockchain Intelligence Group (BIG), the crypto compliance and risk intelligence subsidiary of BIGG Digital Assets Inc. (CSE:BIGG), has announced the launch of the world's first Certified Cryptocurrency Investigator (CCI) training course in Chinese. According to the press release, the CCI course is "an industry-applicable, tool-agnostic training that equips government, law enforcement agencies, banks and more to investigate financial crime involving cryptocurrency," and "provides a deep dive on topics such as anti-money laundering, cryptocurrency analysis, obfuscation techniques with crypto and uses on the Dark Web."

Future FinTech Group Inc. (NasdaqCM:FTFT) has announced that its wholly-owned subsidiary, FTFT SuperComputing Inc., has completed the first construction phase of the build-out of its cryptocurrency mining farm in northwest Ohio. Kai Xu, Vice President of Future FinTech's Blockchain Division, said:

"We are pleased to have successfully deployed the first batch of Antminer S19 series mining machines in our Ohio cryptocurrency mining farm, which is the initial step of the first phase of the project to deploy approximately 12,000 S19 Antminers and accommodate about 1.3 EH/s of hash power in Ohio. Our strategic plan for this business segment is to develop cryptocurrency mining farms in different regions of the world and accelerate their deployment by using our own capabilities or through cooperation agreements with strong partners. We believe that our cryptocurrency mining farm in Ohio will be successful and will meet the goals that we have set out for it."

Sam Mowers, Investorideas

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

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