Point Roberts, WA and Delta, BC – October 15, 2019 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market.
Listen to today’s Crypto Corner Podcast:
Interview with CEO Andrew Kiguel CEO of Hut 8 Mining Corp (TSX: HUT.TO) (OTCQX: HUTMF)
Hut 8 Mining Corp. (TSX: HUT) (OTCQX:HUTMF), which recently became the first blockchain or cryptocurrency company to be listed on the TSX, aims to be the biggest Bitcoin (BTC) miner on the planet, according to company Director and CEO Andrew Kiguel.
“Our target is to be the largest Bitcoin miner in the world,” Kiguel said in a recent interview with Investorideas.com.
Not only is Hut 8 the first blockchain and crypto firm to be publicly listed on the TSX, it is also the first company listed on the TSX’s new Sandbox initiative. Kiguel sees the listing as recognition for the growing institutional acceptance of Bitcoin.
“It’s a bit of validation,” he said. “It’s another step towards bringing Bitcoin and cryptocurrency to the mainstream. Our hope is that it legitimizes our view as being one of the best companies in the world in this sector by being on this exchange, and we’ll attract a larger investor audience.”
But given that crypto is still en route to mainstream acceptance, Kiguel explains that Hut 8’s aim upon founding was to give investors a traditional path to Bitcoin.
“There should be a way for the traditional investor to get exposure to Bitcoin,” he said. “What we wanted to do was to give people an ability to have that exposure to Bitcoin, without actually having to go through the technical complexity of buying it.”
“We create value for investors through low-cost production,…