Palm Beach, FL – January 13, 2022 – FinancialNewsMedia.com News Commentary – Cryptocurrency is known as virtual currency. It is a form of currency that exists digitally only and has no central issuing or regulating authority above. It uses blockchain technology to authenticate the transactions. Blockchain is a decentralized technology spread across many computers that [...]
The OLB (NASDAQ:OLB) trades 6.2% higher premarket after it announced that its wholly-owned subsidiary, DMint expects to take delivery of the first of 400 additional Antminer S19j PRO Bitcoin mining machines this month. The order was paid for in advance in November 2021. Post all the 1K mining machines are deployed and fully operating, DMint believes it will [...]
Upon receipt of the 400 machines, OLB will have Total of 1,000 Antminer S19j Pro cryptocurrency machines operating in two facilities in Bradford, PA The OLB Group, Inc. (NASDAQ: OLB), a diversified eCommerce merchant services provider and Bitcoin mining enterprise, announced today that DMint, Inc., a wholly owned subsidiary of OLB ("DMint"), expects to take [...]
The OLB (NASDAQ:OLB) trades 4.9% higher premarket after it signed a long term lease on a 10K sq.foot mining operation with capacity for up to 2K Antminer S19j PRO machines. The facility is in the process of being converted into a cryptocurrency mining data center powered on the local power grid in tandem with natural gas power. The [...]
DMint, a Wholly Owned Subsidiary Dedicated to Cryptocurrency Mining, Building Out Second Data Center Facility to be Powered from the Local Power Grid The OLB Group, Inc. ("OLB," “we,” “us,” “our,” or the "Company"), a diversified Fintech eCommerce merchant services provider and Bitcoin crypto mining enterprise, has announced the company has signed a long term [...]
OLB Group (OLB +1.5%) has agreed to acquire a portfolio of over 1,500 cannabidiol (CBD) merchants. The group will provide its proprietary SecurePay payment system to the merchants. SecurePay includes a support platform for traditional card-based payments, major digital wallets and cryptocurrency wallets. The merchant portfolio is expected to generate an annual transaction volume of [...]
Palm Beach, FL –December 1, 2021 – FinancialNewsMedia.com News Commentary – Due to its healing properties, the demand for cannabidiol (CBD) for health and wellness purposes is high, which is the major factor driving the market growth. In addition, the rising acceptance and use of products due to government approvals is a major factor expected [...]
Portfolio includes over 1,500 merchants, which will provide OLB with a strong position in a rapidly growing marketplace Acquisition includes new sales channel currently onboarding an average of 120 new accounts a month Based on historical performance, deal expected to add approximately $20 million in annual payment processing revenue, increasing total revenue 200%, with an [...]
A Short Week Brings New Opportunities For Penny Stocks If you’re looking for hot penny stocks right now, you looked in the right place. There are plenty of trends to follow especially when it comes to retail traders. While your traditional investment style may focus on fundamentals, that day trading portion of your portfolio is [...]
Palm Beach, FL – November 16, 2021 – FinancialNewsMedia.com News Commentary – As recently reported on Voi.id, observers from Finder.com predict the price of the number of cryptocurrencies will increase soon, including Dogecoin (DOGE), Litecoin (LTC), and Ethereum (ETH). Reporting from Bitcoin.com News, observers say that the price of the cryptocurrency Dogecoin is predicted to break [...]