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CryptoStar Corp V.CSTR

Alternate Symbol(s):  CSTXF

CryptoStar Corp. is a Canada-based self-mining cryptocurrency producer. The Company and its subsidiaries operate in the distributed ledger technology space, utilizing specialized equipment (miners) to perform computationally intensive cryptographic operations to validate transactions on the Blockchain (mining), receiving digital currencies (primarily Bitcoin). The Company operates through three segments: self-mining, hosting and miner sales. The Company is the supplier of graphics processing unit (GPU) and Australian securities and investments commission (ASIC) miners & hosting solutions worldwide. The Company also provides equipment hosting services to customers worldwide, for which services the Company receives hosting fees, as well as sells miners to customers. The Company operates data centers in the United States and Canada. Its wholly owned subsidiaries include CryptoStar Holdings Inc., CryptoStar USA, Inc., and Neuro Digital Inc.


TSXV:CSTR - Post by User

Post by ROOSEVELTon Dec 22, 2020 11:27am
77 Views
Post# 32160846

Electronics and Energy Storage

Electronics and Energy Storage
Although the electronics and energy storage sectors are significantly driving the potential demand for battery metals, the biggest demand driver may very well be from EVs. What do you think on electronics and energy storage potential demand?
 
According to research from BloombergNEF, lithium demand could move approximately 9x while nickel demand may move by about 14x between now and 2030. Nickel and lithium These metals are making crucial contributions to the lithium-ion (Li-ion) batteries that power much of these EVs.
 
These other companies positioned to meet this moving demand with mining facilities in mineral rich British Columbia and Nevada. Check the disclaimer on my profile!
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