The Bitcoin Network Needs More KYC Controls – The Daily Dive

Joining us today on the Daily Dive is that of Suzanne Ennis, VP of Investor Relations and Corporate Development at Hut 8 Mining (TSX: HUT, NASDAQ: HUT). Sue returns to the show today to discuss crowdfunding within the cryptocurrency markets, global sanctions against Russia as they relate to crypto, and the recent concerns related to digital currency ATM’s. Also discussed is Hut 8’s HODL strategy, why the company is paid for ETH mining in BTC, and the recent partnership announced with Enthusiast Gaming.

Hut 8 prides itself as one of North America’s oldest and largest digital asset miners, navigating the Bitcoin market cycles and supporting sovereign systems since 2018. It is the first publicly traded miner on the TSX and the first Canadian miner to be listed on The Nasdaq Global Select Market. The crypto miner claims to have one of the highest installed capacity rates in the industry and holds more self-mined bitcoin than any crypto miner or publicly traded company globally.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why Is This $1.5 Billion Gold Story Worth Just $37 Million? | Fredonia Mining PEA

This Copper Stock Exploded Before Anyone Knew the Grade | Decade Resource

Silver Miners Will Crush Gold Miners | Adrian Day

Recommended

Cambria Gold Reverses Course on Mt. Margaret Spinout, Citing Strong Copper Fundamentals

Krait Critical Minerals Closes Acquisition of Nevada Hills Antimony and Its Two Washington Projects

Related News

Selling COVID-19 Test Kits In Canada – The Daily Dive feat Marshall Gunter of Datametrex AI

This afternoon on The Daily Dive, Marshall Gunter, CEO of Datametrex AI (TSXV: DM) joins...

Thursday, December 17, 2020, 01:00:00 PM

Hut 8 Mining Announces $100 Million Bought Deal

Hut 8 Mining (TSX: HUT) this morning announced that it is looking to raise significant...

Friday, June 11, 2021, 07:22:16 AM

PayPal Will Now Allow Customers to Make Transactions Using Cryptocurreny

As the world continues down the digitization path, especially amid pressure stemming from the coronavirus...

Wednesday, October 21, 2020, 04:44:58 PM

El Salvador’s Bukele Resumes Buying One Bitcoin A Day

President Nayib Bukele announced on March 15th that El Salvador will “continue” purchasing one Bitcoin...

Thursday, March 21, 2024, 02:14:00 PM

JPMorgan Prepares to Launch Bitcoin Fund for Wealthy Clients

JPMorgan, which up until recently has distanced itself from cryptocurrencies, has suddenly decided to reverse...

Monday, April 26, 2021, 05:39:46 PM