TechMeetsTrader

Cryptostar Corp, a cryptocurrency mining company and data center operator, is happy to announce that operations have commenced in Alberta, Canada, and the first containers housing GPU and ASIC miners have been gradually deployed over the last several weeks. The Operations CryptoStar currently has an aggregate Hashrate of 58,230 MH/s from GPU miners and 13,890 TH/s from ASIC miners running at its data centers. The deployment of 58,230 MH/s and 13,890 TH/s of Hashrate using the latest generation GPU and ASIC miners, currently contributes about $313,410.95 per month in self-mining revenue for Cryptostar.

Terablock made the announcement in a press release, revealing details about the upcoming IDO. Prospective buyers are going to need to stake enough BSCPAD tokens so that they can reach their desired tier. In addition to this, they will also need to pass know your client (KYC) verification and register on the whitelist. When launch commences, Terablock will feature four predefined indices that lets beginner users diversify and automate their cryptocurrency trading strategy.

UK-based crypto exchange Terablock announced the completion of a funding round that will provide an on-ramp for new crypto users. Terablock received $2.4 million in funding from big name investors like AU21, Capital, Blockchain.com, Blocksync Ventures, BTX Capital, and CryptoDormFund, to name a few. The platform was created with newcomers in mind, enabling automation tools that allow users to buy and sell crypto when they are unfamiliar with the territory.

Splinterlands is an NFT-based trading card game that was built on the blockchain. The game operates on the Hive blockchain and falls under the umbrella of the trading game genre. It recently concluded a private token sale that got the company $3.6 million in proceeds, further proving the point that investors are all in on backing crypto plays.

Since the launch of the mobile payment solution in 2018, MobiePay has provided ample solutions as a fiat and digital currency payment solution. MobiePay enables consumers to spend or transfer fiat money and cryptocurrencies to one another, from their mobile devices. The payment solution supports cashback programs with its native MobieCoin (MBX) and it will also time the checkout process. Mobie’s vision is to bridge the gap between cryptocurrencies and local currencies, all while offering a safe, fast, and easy standard of payment.

Cryptocurrencies are here for the long haul. This makes a lot of consumers happy, including the team at Mobie. As a mobile payment app, Mobie has been working long and hard to perfect their ecosystem. The app includes a bankless crypto and fiat payment service, a decentralized wallet, and best of all, the ability to gain rewards from spending. Mobie’s technology-focused approach is committed to facilitating payments between consumers and merchants, all while keeping the costs to a minimum. Their long-term goal is to build out an infrastructure in the DeFi arena, which functions as a universal payment solution for all currencies, both on and off-ramp. The Mobie app is useful for both crypto-savvy and non-crypto-savvy audiences. It gives everyone an in on this booming market, which is gradually shifting to mass adoption.

CryptoStar is a cryptocurrency mining and data center operator with locations in the US and Canada. Its mission is to become one of the lowest-cost cryptocurrency producers in North America. The company is proud to announce a partnership with a US-based company known as the “Customer”, which has implemented equipment hosting agreement with the “Hosting Agreement”, this was made effective on July 14th, 2021. Under the terms of the Hosting Agreement, the Company will offer hosting services to the Customer for up to 8 MW of cryptocurrency mining capacity at its data center in Utah. The Company also enacted an expansion of its Hashrate and power capacity in Alberta, Canada. Some highlights of the Hosting Agreement include: 12 month terms, which are renewable on a month to month basis. Hosting revenue for the Company with a USD of $960,000 David Jellins, Current President and CEO of CryptoStar has described the experience as such: “We are looking forward to providing hosting services for the Customer and we anticipate that this will be the beginning of a long term and mutually beneficial relationship.” Operations, Future Growth, & Financial Positions Take a look at some of the growth that The Company has experienced up until this point. The Company currently possesses an aggregate Hashrate of 53,334 MH/s from GPU miners and 21,930 TH/s from ASIC miners running at data centers The Company is also increasing power capacity at the first data center in Alberta, Canada under the existing power supply agreement for 30 MW. There are plans for expanding the self-mining inventory of mining hardware. Additional miners have been ordered for delivery in Q3 of 2021. The Company is in good financial standing As of July 15th, 2021, it held 136.3 ETH, 35.3 BTC, and USD $16.7 million (CAD $20.8 million) in cash

Terablock is a cryptocurrency trade automation exchange that recently announced a partnership with Binance Cloud. Binance Cloud is an infrastructure solution that allows consumers to launch digital asset exchanges. From this point forward, Binance Cloud will be managing Terablock’s exchange technology development and maintenance, security, user registration, and liquidity. This partnership has allowed Terablock the opportunity to hone in on business development and operations, which mitigates the stress of liquidity issues, which is something that many start-ups may struggle with, in the early stages. This partnership will also see a significant boost in the security infrastructure, which makes these crypto capital ventures that much more enticing. Shivam Tandon is an ambitious serial entrepreneur with over 11 years of experience in providing sustainable technology for businesses. Tandon has worked closely in the fields of 3d-printing, industrial design, fintech, IoT, Machine Learning, and more recently with crypto capital ventures. As the Founder and CEO of Terablock, Tandon has predicted that TeraBlock will see an increase in cryptocurrency adoption amongst newcomers who are pursuing crypto capital ventures for the first time. Terablock is a cryptocurrency trade automation that prides itself on its easy-to-use interface for managing and trading digital assets with modern technology. The Terablock token is currently used by 39 countries and 3870 investors are on board. The Terablock token has already emitted about 74 million tokens. Binance Cloud is an open-platform solution that enables cryptocurrency exchanges to build out and launch quickly. Binance Cloud embodies the core functions of the Binance Exchange. It brings forth trading risk controls, secure matching engines, enhanced security systems, depth in the market, and so forth. The open-platform solution can provide the infrastructure needed for cryptocurrency exchanges. These collaborations will allow partners to put more of their focus on high-priority tasks that are vital for running the business.

Splinterlands, a blockchain-based gaming outfit has received record-breaking growth within the past month. The growth comes from the number of new users who are signing up on a daily basis. Based on recent findings, Splinterlands has seen a 10x growth in daily sign-ups, has increased to over 5,000 in August. This is an impressive milestone, as the company got its first 100,000 users in about 3 years time. Since then, the company has amassed over 200,000 users as of August 1st. The number of users on the platform has more than doubled. Further Assessing The Growth Splinterlands has also seen growth in Spellbook purchases. The hit blockchain game sold more Spellbook than it did in all of June. Splinterlands also reported that land prices surged, increasing from $10 to $20 per plot to more than $180. The guild system is also seeing significant growth with 380 of them being registered, including 25 different languages and an array of skill levels. In addition to this, the long-term growth in Splinterlands is beneficial for avid members of the gaming community. As the growth continues to soar, so too does the value of the assets. The total market value of cards owned by Splinterlands players has reached $111,798,824. As a result, cardholders can now brag about the appreciation on the secondary market for their cards. Standard foil common cards have also grown in their value. Before this gained traction, lower-tier cards used to be less than 10 cents. For those interested, the rental market is available to players who are looking to join this robust community. There are more than 135,000 active rentals, and newer players are capable of accessing more than 700 card types. To learn more about this growth, you can read the full story here.