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.


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