NEW YORK, April 11, 2018 /PRNewswire/ --
According to a report published by Coherent Market Insights, the cryptocurrency mining market is expected to grow at a
compound annual growth rate of 29.7 percent to reach US $ 38.38 Billion by 2025, from US
$ 610.91 million in 2016. China dominated the global
cryptocurrency mining market in 2016 due to its availability of low cost electricity and low temperature zones. While the U.S.
accounted for 16 percent of the market share. Cloud mining and remote hosting services are two types of cryptocurrency mining and
accounted for the largest share of the cryptocurrency mining market in 2016. Chineseinvestors.com, Inc. (OTC: CIIX), NVIDIA
Corporation (NASDAQ: NVDA), Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM), Square, Inc. (NYSE: SQ),
Overstock.com, Inc. (NASDAQ: OSTK)
Individual investors' interests in digital currency remain strong in Japan. According to
CoinDesk, Japan's Financial Services Agency (FSA) has released domestic cryptocurrency trading
statistics for the first time, showing that the country has at least 3.5 million individuals investing in cryptocurrency.
According to a report from South China Morning Post, Adrian Lai, founding partner Orichal
Partners, a cryptocurrency investment firm in Hong Kong, expected that increasing regulation in
cryptocurrency market may attract institutional investors, "Regulators are not banning the development of cryptocurrencies, but
are trying to better regulate the market, which should help the industry mature. The regulatory stance gets clearer, large funds
will be more assured and willing to commit significant capital."
Chineseinvestors.com, Inc. (OTCQB: CIIX) on April 3rd announced that it, "is reaching the
global Chinese-speaking community with regard to bitcoin - with TV broadcasts, an online site, an ATM in the lobby of its
San Gabriel, California, headquarters and plans to mine cryptocurrency from a datacenter near
Seattle. The company is exploring cryptocurrency mining following its recent purchase of mining
machines (http://nnw.fm/8fJpA ).
CIIX recently sponsored the 2018 NIBA meeting in New York, a conference for small-cap and
micro-cap investors, providing an opportunity to present its recent developments. A video interview with CEO Warren Wang is currently available on NIBA's website, during which Wang highlights CIIX's future plans.
According to company data, NIBA's members have cumulatively raised $15 billion in new capital
for emerging growth companies, and the organization is responsible for 90 percent of all IPOs under $20
million.
Aiming to capitalize on rising interest in cryptocurrencies and their underlying blockchain technology, CIIX recently revealed
that it plans to debut a new daily commentary show titled 'Bitcoin Big Winner' on the Phoenix North America Chinese Channel. The
channel currently features 24/7 news, in-depth financial reports and live interviews highlighting the Chinese community
throughout North America. It is available on major satellite, cable and IP television platforms
(http://nnw.fm/5CZ2b ).
CIIX is employing all forms of media to reach its audience about cryptocurrency news. It broadcasts 'Bitcoin
MultiMillionaire', a daily video emanating from the New York Stock Exchange. The company also maintains a website,
NewCoins168.com. Additionally, it hosts a bitcoin ATM in the lobby of its San Gabriel,
California, headquarters, and it recently purchased equipment to mine for cryptocurrencies, such as bitcoin and Litecoin,
at a databank located near Seattle."
NVIDIA Corporation (NASDAQ: NVDA) announced earlier this February that February, the company reported record revenue
for the fourth quarter ended January 28, 2018, of $2.91 billion, up
34 percent from $2.17 billion a year earlier, and up 10 percent from $2.64
billion in the previous quarter. "We achieved another record quarter, capping an excellent year," said Jensen Huang,
founder and chief executive officer of NVIDIA. "In a powerful sign of our progress, attendees at NVIDIA's GPU Technology
Conferences reached 22,000, up tenfold in five years, as software developers working in AI, self-driving cars, and a broad range
of other fields continued to discover the acceleration and money-saving benefits of our GPU computing platform.
Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) in January announced consolidated revenue of
NT$277.57 billion, net income of NT$99.29 billion, and diluted
earnings per share of NT$3.83 (US$0.64 per ADR unit) for the fourth
quarter ended December 31, 2017. "Our fourth quarter business was supported by major mobile product
launches and continuing demand for cryptocurrency mining," said Lora Ho, SVP and Chief Financial
Officer of TSMC. "Moving into first quarter 2018, we expect the strong demand for cryptocurrency mining will continue while
mobile product seasonality will dampen our business in this quarter. Based on our current business outlook, management expects
the overall performance for first quarter 2018 to be as follows."
Square, Inc. (NYSE: SQ) recently reported that it has accelerated top-line growth at significant scale in the fourth
quarter of 2017. Total net revenue was $616 million, up 36% year over year, and Adjusted Revenue
was $283 million, up 47% year over year. Square also continued to add services to Cash App that
build upon our existing platform and give customers the utility they want when it comes to their money. customers can now buy and
sell Bitcoin in Cash App. "We observed that this was a feature our customers wanted, and we support Bitcoin because we see it as
a step in the long-term path toward greater financial access for all," the company reported.
Overstock.com, Inc. (NASDAQ: OSTK) is a leading online retailer and advancer of blockchain technology. On February 21, 2018, the company announced that Bitt.com has signed a memorandum of understanding with the
Caribbean island Montserrat to launch a digital payments
platform. Bitt has been working to position island nations in that region as global leaders in the adoption of digital national
currencies, allowing everyone with a smartphone, tablet, or computer to easily make digital domestic transactions. Launched in
2014, Medici Ventures is a wholly owned subsidiary of Overstock.com, Inc., created to leverage blockchain technology to solve
real-world problems with transparent, efficient and secure solutions. Medici Ventures has a growing portfolio of groundbreaking
blockchain-focused investments, including tZERO, Peernova, Bitt, SettleMint, Factom, and IdentityMind, Spera and Symbiont. The
company's majority-owned financial technology company, t0.com, executed the world's first blockchain-based stock offering in
December 2016.
Subscribe Now! Watch us report LIVE https://www.youtube.com/FinancialBuzzMedia
Follow us on Twitter for real time Financial News Updates: https://twitter.com/financialbuzz
Follow and talk to us on Instagram: https://www.instagram.com/financialbuzz
Facebook Like Us to receive live feeds: https://www.facebook.com/Financialbuzz/
About FinancialBuzz.com
FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News,
Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company
Interviews. A pioneer in the financially driven digital space, video production and integration of social media,
FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR dissemination,
branding, marketing and advertising for third parties for corporate news and original content through our unique media platform
that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial
Publications.
Please Note: FinancialBuzz.com is not a financial advisory or advisor, investment advisor or broker-dealer and do not
undertake any activities that would require such registration. The information provided on http://www.FinancialBuzz.com (the 'Site') is either original financial news or paid advertisements provided
[exclusively] by our affiliates (sponsored content), FinancialBuzz.com, a financial news media and marketing firm enters into
media buys or service agreements with the companies which are the subject to the articles posted on the Site or other editorials
for advertising such companies. We are not an independent news media provider and therefore do not represent or warrant that the
information posted on the Site is accurate, unbiased or complete. FinancialBuzz.com receives fees for producing and presenting
high quality and sophisticated content on FinancialBuzz.com along with other financial news PR media services. FinancialBuzz.com
does not offer any personal opinions, recommendations or bias commentary as we purely incorporate public market information along
with financial and corporate news. FinancialBuzz.com only aggregates or regurgitates financial or corporate news through our
unique financial newswire and media platform. For chineseinvestors.com Inc. financial news dissemination and PR services,
FinancialBuzz.com expects to be compensated three thousand dollars by the company. Our fees may be
either a flat cash sum or negotiated number of securities of the companies featured on this editorial or site, or a combination
thereof. The securities are commonly paid in segments, of which a portion is received upon engagement and the balance is paid on
or near the conclusion of the engagement. FinancialBuzz.com will always disclose any compensation in securities or cash payments
for financial news PR advertising. FinancialBuzz.com has signed a two year agreement with chineseinvestors.com Inc. for one
hundred thousand restricted common shares for continued financial news dissemination and PR services. FinancialBuzz.com does not
undertake to update any of the information on the editorial or Site or continue to post information about any companies the
information contained herein is not intended to be used as the basis for investment decisions and should not be considered as
investment advice or a recommendation. The information contained herein is not an offer or solicitation to buy, hold or sell any
security. FinancialBuzz.com, members and affiliates are not responsible for any gains or losses that result from the opinions
expressed on this editorial or Site, company profiles, quotations or in other materials or presentations that it publishes
electronically or in print. Investors accept full responsibility for any and all of their investment decisions based on their own
independent research and evaluation of their own investment goals, risk tolerance, and financial condition. FinancialBuzz.com. By
accessing this editorial and website and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy, as may
be amended from time to time. None of the content issued by FinancialBuzz.com constitutes a recommendation for any investor to
purchase, hold or sell any particular security, pursue a particular investment strategy or that any security is suitable for any
investor. This publication is provided by FinancialBuzz.com. Each investor is solely responsible for determining whether a
particular security or investment strategy is suitable based on their objectives, other securities holdings, financial situation
needs, and tax status. You agree to consult with your investment advisor, tax and legal consultant before making any investment
decisions. We make no representations as to the completeness, accuracy or timeless of the material provided. All materials are
subject to change without notice. Information is obtained from sources believed to be reliable, but its accuracy and completeness
are not guaranteed. For our full disclaimer, disclosure and Terms of Use, please visit: http://www.financialbuzz.com.
For further information:
info@financialbuzz.com
+1-877-601-1879
Url: http://www.FinancialBuzz.com
SOURCE FinancialBuzz.com