Episode Transcript
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(00:00):
Welcome to today's edition of Cryptocorner atinvestor Ideas dot com news on what's driving
the cryptocurrency market. Hello everyone,this is Sam Mauers here. Welcome to
the latest episode of the Cryptocorner podcastfor News Today, a bit By has
(00:21):
launched further on chain staking, andMarathon Digital and clean Spark have each posted
their August results. Just before weget into the show, though, a
quick reminder that if you enjoy thispodcast, so please feel free to share
or leave us a review, andas always, I recommend checking out some
of the other podcasts on invest ideasdot com. This includes the Cannabis Podcast,
(00:46):
the Clean Tech and Climate Change Podcast, along with many others, all
of which will bring you up tospeed on the latest stock news and trends
in their respective spaces. Right So, Wonderfy Technologies, which trades on the
TSX under the ticker w n dR, has announced that crypto trading platform
(01:07):
bit By, its wholly owned subsidiary, is launching on chain staking for Cosmos,
which trades as Atom and near near. Just as it sounds.
In adding these digital assets, Bitby'sstaking offering will now represent the largest selection
of digital assets for staking on anyregistered crypto trading platform in Canada. Dean
(01:34):
Skirca Wonderfies President and CEO, said, staking has become a vital part of
the everyday crypto investors portfolio. Intwenty twenty three alone, bitby has seen
a four hundred and fifty percent increasein the total dollar amounts staked. We
are excited to be the first registeredcrypto trading platform in Canada to introduce ATOM
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and near state. This further extendsBitby's leadership position as the largest regulated platform
for Canadian investors looking to stake theircrypto and earn rewards end quote. Next
up for today, Marathon Digital HoldingZinc, which trades on the NASDAC under
(02:19):
the ticker MAA, has reported itsunaudited bitcoin production and minor installation updates for
August twenty twenty three. Some highlightsinclude the production of about one thousand sixty
two bitcoin, an average of thirtyfour point three bitcoins per day, and
an installed hash rate of twenty threepoint one XA hash per second. Fred
(02:40):
Thial, the company's chairman and CEO, said, quote. During August,
we reached our primary domestic growth targetof twenty three XA hashes on an installed
basis. As we look to ournext growth target, I am pleased to
announce that we have secured miners inthe ordinary course of business for the next
five XA hashes of hash rate growth. With twenty three XA hashes installed domestically,
(03:07):
two EXA hashes planned internationally, andan additional five XA hashes of capacity
contracted, four marathon's total anticipated hashrate once fully deployed is now a thirty
EXA hashes end quote. Lastly,for today, clean Spark, Inc,
which trades on the NASDAC under theticker cls K, has also released its
(03:30):
unaudited bitcoin mining and operations update forthe month ending August thirty first, twenty
twenty three. Highlights posted include themining of six hundred fifty nine bitcoin,
the selling of forty three bitcoin,a deployed fleet of eighty eight thousand,
two hundred seventeen miners, and acurrent hash rate of nine point three xa
(03:53):
hash per second. The company's CEO, Zach Bradford, comments quote. August
was another banner month for clean Spark, as the fifty megawatt expansion in Washington
saw its first full month at maximumoperational hash rate, delivering some of our
highest daily production. Ever, What'smore, we have carefully managed power to
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achieve substantially high levels of uptime inAugust despite historically high levels of rain and
very hot weather. That operational prowesshas resulted in what we expect is among
the best monthly bitcoin production rates ofpublicly traded miners in North America. End
quote that does it for today's cryptoquorum. If you would like to be
(04:39):
a guest or sponsored for this podcast, contact in Westerradias dot com. The
best Raidias reminds all listeners to readour bascreeners and disclosures on the westeridias dot
com website. This podcast is notendorsement to pot product services or securities.
The bests that reminded all investment inbox rask and possible boss in Investment.
(04:59):
To hear more Investor Ideas dot compodcasts, please visit investor idias dot com,
slash audio and a reminder. Youcan also hear our podcasts on Apple
Podcasts, Audible, Spotify, tuneIn, Stitcher, Speaker, dot Com,
iHeartRadio, Google Podcasts, and mostaudio platforms available. This podcast was
sponsored by Apptech Payments Corp. Apptechis an innovative fintech company whose mission is
(05:26):
to deliver a better way for businessesto provide their customers with immersive commerce experiences.
For more information, visit Appteccorp dotcom. Apptech trades on the MAZDAC
under particular simle apc X