$GDET Big Crypto News: Successful Migration to New

New Post Public Reply Private Reply Replies (0) Message Board
budfoxfun
217
$GDET Big Crypto News: Successful Migration to New Cryptocurrency Mining Pool

May 30, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- GD Entertainment & Technology is excited to announce that the Company has completed its migration to a new cryptocurrency mining pool and is running at full capacity.

Management recently announced that all of its active cryptocurrency mining machines were updated to the latest firmware which features a reduction in hashrate power consumption with better power efficiency as well as upgraded security features. The new mining pool is also fully integrated with major cryptocurrency exchanges, which means the user can seamlessly send and trade the cryptocurrency reward payouts in real time market conditions. With lesser transaction and payout times/restrictions, the flexibility of converting the cryptocurrency can become more favorable.

The $275 billion cryptocurrency market is continuing to experience a serious rally with bitcoin surging another 12% bringing the value to over $8600.

GDET CEO Anil Idnani commented, “I am very proud to announce that my team was able to complete this migration on every one of our machines without any difficulties. We are already experiencing a higher total operating hashrate than the previous mining pool our machines were integrated with. The upgrade in firmware and new mining pool allows the operation to run at full capacity during this crypto rally and I look forward to seeing what new barriers Bitcoin and cryptocurrencies break next.”

GDET shareholders can continue to expect frequent updates as the Company’s objectives proceed over the near term.

About GDET

GD Entertainment & Technology, also known as GDET, focuses on high growth industries to fulfill a diverse selection of premium products nationwide. The company currently manufactures, wholesales, and markets a portfolio of blockchain/financial service-based products. GDET strives to become one of the premier Cryptocurrency mining facilities that is client-focused and dedicated to creating a new standard in the Blockchain space based on security and transparency. GDET has also developed a strong relationship with suppliers worldwide to ensure future purchasing. The company currently has two subsidiaries, DreamCard and HyperDigital Technologies, which both offer a selection of transactional-based products and services. DreamCard allows users to create a customizable debit or credit card using its state of the art online platform. HyperDigital Technologies is the Cryptocurrency ATM sector of GDET and aims to secure multiple MSB, money services business, licenses in order to host ATM units throughout the country.

https://finance.yahoo.com/news/gdet-announces...00474.html
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Netcapital Faces Securities Fraud Claims: Key Investor Notes

Updated Category News Views 4

Netcapital Under Fire: The Suit Unfolds You ever see a stock go through such highs and lows that you wish you had popcorn on standby? Well, that's where Netcapital Inc. (NASDAQ: NCPL) is sitting right now, in the midst of a class action lawsuit that's got investors' heads spinning. The accusations are serious: false and misleading statements about revenues that seem to...

Continue Reading
Art Print Paper: Finding the Perfect Match for Masterpieces

Updated Category News Views 13

You ever stand in a gallery and notice how some art just lights up the room while others barely get a second glance? Well, a lot of that magic starts with an unsung hero—paper choice. I came across this bit from HelloNation diving into what makes paper selection a cornerstone for fine art prints. Now, I ain't an artist, but even a bruiser trader like me can see the...

Continue Reading
AppLovin Faces Securities Fraud Lawsuit Amid AI Claims

Updated Category News Views 5

Digging Into AppLovin's Legal Turmoil Well, it's another wrinkle in the markets' many lines. This time, we’ve got AppLovin Corporation facing the music with a securities fraud lawsuit. If you’ve got shares in NASDAQ:APP, you might want to perk up. Let the trial by fire begin, I say. The Lawsuit Details & Class Period Here we are, October 19, 2026, and the legal eagles...

Continue Reading
AAI Rolls Out Agency Gauge: AI-Driven Insights Platform

Updated Category News Views 12

Bringing Artificial Intelligence to the Insurance Table Affordable American Insurance (AAI) is shaking things up in the insurance world with their new tool, Agency Gauge. Picture this: you're running an independent agency, neck-deep in data, and this AI-powered marvel swoops in and turns those confusing numbers into actionable business insights. It's like having a wise...

Continue Reading
Understanding Truck Accident Settlements in Memphis

Updated Category News Views 9

Delving into Truck Accident Settlement Timelines Out there in Memphis, timing a truck accident settlement isn't exactly like clockwork work. When it comes to getting your compensation, the timeline varies as widely as a duck hunting trip—sometimes you come home with a basketful, sometimes it’s empty. It might be a quick couple of months or drag on past a year, and...

Continue Reading
Alpha Rising Joins RFP: A Strong AI-Fueled Expansion

Updated Category News Views 20

The Shift: From LPL to AI-Driven Innovation Hold onto your hats, because Alpha Rising Wealth Management has taken a significant leap from the traditional ship of LPL Financial to the cutting-edge shores of Rothschild Financial Partners (RFP). It's a move that's painting the walls in Scottsdale, Arizona with $250 million in client assets, all set to benefit from a modern,...

Continue Reading
Home Bancorp CEO Transition: Guidry Takes the Helm

Updated Category News Views 5

Leadership Change at Home Bancorp In the world of banking, transition phases can either be a smooth baton pass or a dramatic handoff. With Home Bancorp, Inc. (NASDAQ: HBCP) announcing John W. Bordelon's upcoming retirement as CEO, effective January 8, 2027, we’re looking at a calculated and down-the-line transfer of power to Darren E. Guidry. More often than not, the...

Continue Reading
Nest Health Appoints Peter Morrison for Multistate Expansion

Updated Category News Views 10

Peter Morrison Steps Up as Chief Growth Officer You know, it's not every day you see a move as gutsy as Nest Health's recent appointment of Peter Morrison. They're shaking up the Medicaid space, aiming to redefine primary care for families with limited resources. Morrison, coming from heavyweights like UnitedHealthcare and Centene, isn't your typical pencil-pusher. He’s...

Continue Reading
DOCS Faces Investor Legal Battle for Alleged Misconduct

Updated Category News Views 8

The DOCS Predicament: Investors Facing Class Action Doximity, Inc., trading as NYSE:DOCS, finds itself in hot water again as shareholders gear up for a legal skirmish over alleged securities fraud. Schall, Brown & Schwartz LLP, the firm rallying the shareholders, has fired the opening salvo, pointing fingers at Doximity for cooking the books about their Newsfeed’s...

Continue Reading
TomoIQ Unveils Money Finder at Money20/20 Event

Updated Category News Views 12

Breaking Down Financial Barriers with AI In the hustle of Money20/20 USA in Las Vegas, TomoIQ dropped a financial bombshell with their latest tool, Money Finder. This isn't just another app in the sea of fintech solutions. Nope, this one promises to cut through the complexities that most folks face when trying to get their financial house in order. An AI Buddy for...

Continue Reading

Top 5 Most Recently Viewed Articles

Himalayan Harmony Group Partners with Leading Casino Brands

Updated Category News Views 153

Himalayan Harmony Group Forms Exciting New Partnerships Himalayan Harmony Group, one of the largest and most trusted gaming communities, has recently forged exciting partnerships with prominent online casino brands. This strategic collaboration promises to enhance the gaming experience for its members and introduce innovative features that cater specifically to the needs...

Continue Reading
Falco Resources Engages Community for Horne 5 Project Vitality

Updated Category News Views 43

Community Engagement on the Horne 5 Project MONTREAL — Falco Resources Ltd (TSX.V: FPC) extends heartfelt gratitude to all organizations, businesses, and community members who participated in the recent hearings by the Office of Public Hearings on the Environment (BAPE). These hearings provided an invaluable platform for diverse voices to contribute to the discussion...

Continue Reading
Significant Growth Ahead for Blood Culture Tests Market

Updated Category News Views 119

Overview of the Blood Culture Tests Market The Blood Culture Tests Market is set to witness remarkable growth, with projections indicating an increase from $5.2 billion in 2023 to $7.6 billion by 2028. This growth reflects a compound annual growth rate (CAGR) of 8.0%. Several factors are contributing to this trend, including the rising incidence of bloodstream infections,...

Continue Reading
Exciting Drill Findings from Nevada Canyon's Exploration Efforts

Updated Category News Views 223

Initial Insights from the Lapon Canyon Project Reno, Nevada - Nevada Canyon Gold Corp. (OTC Markets: NGLD) has just released impressive findings from its recent drilling activities at the Lapon Canyon Project. This initiative is delving into a mineral-rich area in Mineral County, offering much more than a glimpse into the region's mining opportunities. Understanding the...

Continue Reading
Market Trends in Datadog: An In-Depth Look at Short Selling

Updated Category News Views 210

Understanding Short Selling in Datadog Datadog (NYSE: DDOG) has seen the short percent of its float decrease by 13.01% since its latest report. Currently, it holds approximately 11.72 million shares sold short, equating to 3.81% of the stock available for trading. Given the current trading volume, traders would need an average of 1.82 days to cover their short positions....

Continue Reading