Crypto Corner Podcast 881: Stocks discussed: (NasdaqGS: ARBK) (NasdaqCM: MIGI) (NasdaqCM: CLSK) (TSXV: BNXA) - Transcripts
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to today's edition of Crypto Corner at investor ideas dot com. News on what's driving the Cryptocurrency market. Hey everyone, this is Sam Mauer's here. Welcome to episode 881 of the Crypto Corner podcast. Crypto Corner was recently named one of 14 of the best crypto and Blockchain podcasts by the sight your oyster. That's Y. O. R. E Oyster. You can check this list out along with a write up about Crypto corner over at your oyster dot com slash blog slash best dash crypto dash podcasts Now for news today, Argo Blockchain has entered a strategic hosting agreement. Moss and infrastructure is selling a mining facility to clean spark and Banks A has updated on its U. S.
Expansion. But just before we get into the show today, a quick reminder that if you enjoy this podcast to please feel free to share it or leave us a review and as always I recommend checking out some of the other podcasts on investor ideas dot com. This includes the cannabis podcast, the clean tech and climate change podcast along with many others, all of which will bring you up to speed on the latest stock news and trends in their respective spaces. Right? So Argo Blockchain, which trades on the NASDAQ under the ticker A. R. B. K, has entered into a strategic hosting services agreement with an undisclosed third party wherein it will host and operate mining machines owned by the said third party over at its Helios facility in Dickens county texas. This will include a provision to provide the latter with as much as 32 MW of power capacity. That's enough electricity to power more than 10,000 mining machines. According to the press release, Argo also announced the mining of 235 Bitcoin or Bitcoin equivalence. An increase that is for the month of august by the way, that's an increase over the 219 Bitcoin or Bitcoin equivalents mind in july Peter wall the Ceo of Argo said quote, The increase in Bitcoin mined this month reflects the hard work put in by our operations team.
The new Bit main SJ 19 pros are already showing great promise and we look forward to unlocking their full potential in the coming months as we complete their installation. Additionally, we are excited about our strategic hosting agreement which enables us to utilize excess capacity at helios and further increase our hash rate and quote. Moving along Moss and Infrastructure Group inc, which trades on the NASDAQ under the ticker M I G I has announced a definitive agreement with Clean Spark inc trading on the NASDAQ as C L S. K. To sell its Sanders ville Georgia Bitcoin mining facility and 6468 ASic Bitcoin miners to clean spark for up to a maximum total purchase price of $42.5 million. Clean sparks Ceo Zach Bradford comments quote. We are pleased to welcome Mawson Sanders ville site and its operating teams into the Clean spark family. The site is nothing but impressive. Well run by over 20 dedicated professionals who have taken significant pride in the design, development and maintenance of the site. We are enthusiastic about Georgia and believe that our expansion there will continue to build value for our shareholders and the communities we operate in throughout Georgia. End quote lastly for today, Bank's Holdings inc, which trades on the TsX V under the ticker B. N.
X. A. Has announced its acceleration into the US market. The press release cites key developments for the expansion such as the activation of US local acquiring or domestic card processing, the availability of comprehensive payments coverage and the acquisition of 40 total money transmitter licenses or M TLS Banks's Ceo Holger Arians said quote since the company's founding in 2014. Banks has taken the long view, focusing on mastering and simplifying the complexity of payments, conversions, compliance and regulations for crypto and web three. I am confident as ever in banks's future and look forward to our continued growth, especially as we continue to build our presence in the United States and quote that does it for today's crypto corner. If you would like to be a guest or sponsor for this podcast, contact investor ideas dot com investor ideas reminds all listeners to read our disclaimers and disclosures on the investor ideas dot com website and this podcast is not endorsement to buy products services or securities investors are reminded All investment involves risk and possible loss and investment. To hear more investor ideas dot com podcasts please visit investor ideas dot com slash audio and a reminder. You can also hear our podcasts on apple podcasts, audible. Spotify, tunein stitcher, speaker dot com, I, heart radio, google podcasts and most audio platforms available
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