Crypto Firm Plans to Acquire Mining Firm and Increases Self-Mining Hashrate

Crypto Firm Plans to Acquire Mining Firm and Increases Self-Mining Hashrate

By: Tomas Ronolski - AllPennyStocks.com News

Monday, November 15, 2021

Government crackdowns have caused a shift in crypto mining away from China, and this firm is working to become one of the lowest-cost crypto currency producers in North America

With cryptocurrency mining operations and data centers located in the United States and Canada, CryptoStar Corp. (TSXV: CSTR) (OTCQB: CSTXF) is a major supplier of GPU and ASIC miners worldwide. And the firm just signed a letter of intent to acquire 100% of the outstanding shares of Neuro Digital Inc. 

Neuro Digital specializes in GPU mining, DeFi and AI solutions. The firm has a computing centre powered by high performance GPUs in the fields of artificial intelligence, deep learning, virtual reality and blockchain. 

Over-the-counter shares were trading up in late morning trade at $0.1567.


Copyright © 2021 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Other Penny Stock Movers

Canadian Inflation Moves Up as Expected But Easing Underlying Pressures Boost Hopes of June Rate Cut
Mixed Shelf Filing Gives Micro Cap Delayed Boost
Key Executive Appointment Sends Small Cap Higher
Most Popular
FREE Newsletter


Back to Top