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BTCST Debuts as Bitcoin’s Leveraged Token on Binance Launchpool

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Bitcoin Standard Hashrate Token (BTCST) is now live on Binance Launchpool, and Binance will then list BTCST in the innovation zone at 6:00 am (UTC) on Jan. 13, 2021.

BTCST sets off to solve the problem of a limited number of exit options by bringing exchange-grade liquidity to the Bitcoin mining industry, and in secondary trading, BTCST will perform as a leveraged Bitcoin token free from liquidation risk. BTCST will create an efficient market for Bitcoin’s mining power in ways similar to how Grayscale Bitcoin Trust creates institutional liquidity for Bitcoin. 

Four Key Points About BTCST 

1. Bitcoin’s leveraged token 

BTCST secures dual profits for its holders when the market is on a bull run, due to BTCST’s attributes as Bitcoin’s leveraged token. 

BTCST is collateralized by 0.1 TH/s of real-world Bitcoin mining power, which is historically proven to be positively correlated to the performance of the digital gold, and hence the value of BTCST climbs along with the current skyrocketing Bitcoin market. On top of that, BTCST stakers claim Bitcoin mining rewards on a daily basis. If a user started to mine Bitcoin with a WhatsMiner M21s (a classic hardware model of Bitcoin mining) in October 2020, by the time of publication, the value of Bitcoin mined would have risen by 200%; however, the price of the mining machine itself increased 400% during the same time frame. 

Therefore, it is safe to call BTCST a leveraged token of Bitcoin. 

2. Grayscale-like operations in the mining industry 

2020 is the year of Grayscale, and BTCST may prolong the saga in the Bitcoin mining industry. Institutional liquidity injected by Grayscale sparked the bullish market, and BTCST will help release liquidity to the mining industry and enable the execution of liquidity premium in the secondary market. 

BTCST creates an efficient market among Bitcoin miners. By trading BTCST, market participants can freely enter and exit Bitcoin mining exposure in any size, at any time, and with low costs. Even miners without mining power tokenized by BTCST can make use of the token to capture the profits or hedge against the risks of mining machine price fluctuation. 

3. Enhanced cloud mining 

Cloud mining is an imperfect solution to the lack of liquidity, and its reputation is clouded by frequent scams. The legitimate providers also fall short of full transparency. 

BTCST is a cloud mining platform deployed on the Binance Smart Chain, with daily payouts executed by the dApp and all data traceable. Binance Pool, the world’s second-largest Bitcoin mining pool, functions as the auditor for BTCST and guarantees legitimacy and transparency. 

4. DeFi of 2021 

BTCST is a DeFi project without risks of impermanent loss. When a user un-stakes BTCST, the user is safeguarded by code to retrieve the same amount of BTCST along with the accrued Bitcoin mining rewards. 

In addition, BTCST has passed the scrutiny of CertiK, one of the world’s leading blockchain security firms, scoring a 98 out of 100 in a security audit. 

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

Mountain Crane Services Appoints Spencer McAllister as Chief Financial Officer

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North America’s premier crane, heavy lift, and heavy transport specialist also announces that Josh Chafin has been promoted from CFO to COO

United States, 17th Jul 2026 — Salt Lake City-based Mountain Crane Service, the 16th largest crane company in North America and a full-service heavy-lift, rigging, and heavy transport provider, today announced that it has appointed Spencer McAllister to the role of Chief Financial Officer (CFO). In a related announcement, Mountain shared that Josh Chafin, the company’s former CFO, has been appointed to Chief Operating Officer (COO).

“We are beyond thrilled to have Spencer join our team,” said Paul Belcher, CEO of Mountain Crane Service. “His appointment represents an exciting moment for our business. It’s a sign of growth and maturation. As we take on new and challenging projects and expand our fleet and footprint across the country, Spencer’s financial leadership will help us scale with the discipline that built this company.”

McAllister brings more than 25 years of financial management experience to Mountain. He most recently served as Treasurer of BMW Bank of North America, capping more than 20 years with BMW in finance and treasury roles. A CPA and Certified Treasury Professional (CTP), McAllister earned his MBA from the University of Utah and a Bachelor of Science in Finance from Brigham Young University. 

Regarding Chafin’s new role, Belcher said, “We are delighted to have Josh take the reins as COO. This new responsibility reflects not just our confidence in him, but also our commitment to promoting internally and rewarding loyalty and success.” Chafin is credited with playing a critical role in guiding Mountain through a successful reorganization and positioning the company as an industry leader.

Founded in 2004, Mountain has experienced rapid, multi-industry growth and a rising national profile. Now employing over 500 people, the company mobilizes a 200+ unit crane fleet, an in-house engineering team, and seasoned field crews from its Salt Lake City headquarters and six regional yards, serving these core end markets:

  • Wind energy — full turbine erection and EPC prime contracting on wind projects exceeding $100M, plus major component exchanges, O&M support, and repower programs.
  • Industrial — plant maintenance, turnarounds, and transformer setting for facilities ranging from refineries to semiconductor fabs and data centers, plus specialty rigging and in-house ironworker and millwright crews.
  • General construction — steel erection, precast tilt-ups, bridge girder setting, and tower crane erection and dismantle.
  • Heavy haul and transport — moving oversized structures and equipment coast to coast.

Mountain operates branches across seven western states, including Washington, Oregon, Idaho, Montana, Wyoming, Utah, and Arizona. It became an authorized Tadano distributor after acquiring Lennon Crane and Equipment Company in 2025. Recent honors include an ACT Top 20 ranking, SC&RA awards for 10,000 incident-free hours and 2025 Rigging Job of the Year, and the inaugural 2025 North American Game of Cranes title. Belcher added, “All of our achievements are built on the foundation of our number-one priority, which is safety.”

For more information, visit https://mountaincrane.com/ 

About Mountain Crane Service

A family-owned company founded in 2004 with just a few cranes, Mountain has grown to be the 16th largest crane company in North America. From its Salt Lake City headquarters and six regional yards, Mountain delivers complex heavy-lift, rigging, and heavy transport projects for the wind, industrial, and general construction markets — on-time, prepared, and safety strong.

Media Contact

Organization: Mountain Crane Service

Contact Person: Media Relations

Website: https://mountaincrane.com/

Email: Send Email

Country:United States

Release id:47157

The post Mountain Crane Services Appoints Spencer McAllister as Chief Financial Officer appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

The Brisbane Plumbers Provides Blocked Stormwater Drain Clearing Across Brisbane

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Australia, 17th Jul 2026 – The Brisbane Plumbers, a respected provider of residential and commercial plumbing services, has announced an expansion of its blocked stormwater drain clearing services across Brisbane. The move addresses a recurring seasonal challenge across South East Queensland, where heavy rainfall regularly deposits leaves, silt and other debris into stormwater systems, causing overflows, pooling water and, in some cases, damage to gardens, driveways and building foundations.

Stormwater drains are designed to carry rainwater away from properties and into the broader council drainage network, keeping yards, car parks and building surrounds free of standing water during storms. When these drains become blocked, water can back up onto footpaths, driveways and lawns, creating slip hazards and, over time, contributing to structural issues if left unresolved. The Brisbane Plumbers reports that blocked stormwater drains are among the more frequent service requests received during Brisbane’s wetter months, particularly in areas with established trees or older drainage infrastructure.

To identify blockages, technicians use CCTV drain inspection equipment to examine the interior of stormwater pipes without the need for exploratory digging. This allows the exact location and cause of a blockage, whether root intrusion, silt build-up or collapsed piping, to be identified before clearing work begins. Once a blockage is located, high-pressure water jetting or mechanical clearing methods are used to restore normal water flow, an approach intended to minimise disruption to gardens, paving and other surface features while resolving the underlying issue.

The stormwater drain clearing service is offered alongside the company’s existing range of plumbing work, which includes blocked drain solutions for sewer and wastewater lines, pipe relining for burst or damaged pipes, and general plumbing repairs and maintenance. The Brisbane Plumbers operates across the greater Brisbane region and responds to both scheduled maintenance requests and urgent callouts related to drainage and flooding concerns.

“Blocked stormwater drains are something The Brisbane Plumbers sees regularly, especially after periods of sustained rain,” said Joseph, Director of The Brisbane Plumbers. “Property owners often don’t realise there’s a problem until water starts pooling near the house or along the driveway. Having the right equipment on hand to inspect and clear these drains quickly helps prevent further damage to a property.”

Blocked stormwater drains can result from a range of factors, including fallen leaves and garden debris, silt washed in during heavy rain, encroaching tree roots, and ageing or damaged pipework. In many cases, the problem is not visible from the surface until water begins to pool during or after rainfall. Regular inspection and clearing can reduce the likelihood of sudden blockages occurring during major storm events, when drainage systems are under the greatest strain. The Brisbane Plumbers advises property owners to arrange an inspection if water is observed pooling in yards, driveways or near building foundations following rain, as early identification of a blockage can reduce the extent of remedial work required.

“Brisbane’s rainfall patterns mean stormwater drainage will remain an ongoing consideration for property owners across the region,” said Joseph. “Continued investment in inspection technology and clearing equipment is expected to support faster response times as demand for these services continues.”

The Brisbane Plumbers is a plumbing services company based in Geebung, Queensland, servicing residential and commercial customers across the greater Brisbane area. The company provides a range of services including 24/7 emergency plumbing for burst pipes, gas leaks and water leaks, pipe relining, blocked drain solutions with CCTV inspection, hot water system diagnostics and repairs, gas fitting, and general plumbing maintenance. The expanded stormwater drain clearing service forms part of the company’s broader drainage offering for property owners across the region.

For additional information about blocked stormwater drain Brisbane and related industry developments, contact The Brisbane Plumbers at 2/187 Murphy Road, Geebung, QLD 4034. Enquiries regarding the company’s plumbing services, emergency response, and maintenance can be directed to 1300 847 094 or by email at info@thebrisbaneplumbers.com.au.

Media Contact

Organization: The Brisbane Plumbers

Contact Person: Joseph

Website: https://thebrisbaneplumbers.com.au/

Email: Send Email

Contact Number: +61300576388

Address:2/187 Murphy Road, Geebung, QLD 4034

Country:Australia

Release id:47228

The post The Brisbane Plumbers Provides Blocked Stormwater Drain Clearing Across Brisbane appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

MTLI Group Strengthens Integrated Industrial Infrastructure Solutions Across the United States

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United States, 17th Jul 2026 — MTLI Group continues to expand its role as a trusted industrial and commercial infrastructure partner, delivering fully integrated engineering, construction, automation, logistics, and facility lifecycle solutions throughout the United States, Canada, and Mexico. With more than four decades of experience, the company has earned a reputation for helping organizations simplify complex industrial projects through a single-source delivery model that emphasizes accountability, operational efficiency, and long-term value.

Founded in 1982, MTLI Group has completed more than 15,000 projects while building a multidisciplinary team of over 100 professionals supported by a network of more than 800 trusted vendors and strategic partners. Rather than functioning solely as a contractor, the company serves as a long-term infrastructure partner, managing every stage of industrial and commercial projects—from planning and engineering to installation, maintenance, modernization, and ongoing facility optimization.

According to the company, today’s industrial organizations require more than traditional project delivery. Manufacturers, distribution companies, logistics providers, and commercial enterprises increasingly seek integrated partners capable of coordinating engineering, procurement, construction, automation, and lifecycle support under one accountable structure. MTLI Group was built to meet these evolving demands by eliminating fragmented project management and providing clients with a streamlined experience that improves communication, scheduling, safety, and cost control.

Organizations looking to modernize operations continue investing in advanced warehouse automation systems to improve productivity, inventory accuracy, operational speed, and workforce efficiency. MTLI Group helps clients implement customized automation strategies that support long-term business growth while integrating seamlessly with existing warehouse and distribution operations. From system planning and engineering to installation, commissioning, and ongoing support, the company delivers comprehensive automation solutions designed around each client’s operational objectives.

As an experienced warehouse automation company, MTLI Group understands that successful automation extends beyond equipment installation. Every project begins with careful planning and engineering to ensure technology, facility design, workflow, and operational processes function together efficiently. This collaborative approach allows organizations to maximize return on investment while preparing facilities for future expansion.

Construction remains another cornerstone of MTLI Group’s integrated service platform. As a leading commercial construction company, the company manages projects across manufacturing facilities, commercial buildings, warehouses, distribution centers, processing plants, and specialized industrial environments. Its construction professionals oversee every phase of execution, including project planning, site preparation, structural work, mechanical systems, electrical installation, specialty trades, quality assurance, and final commissioning.

Serving as a reliable commercial general contractor, MTLI Group centralizes project leadership to improve accountability throughout construction. Clients benefit from coordinated scheduling, transparent communication, proactive risk management, and consistent quality standards that reduce delays and improve project outcomes across multi-site and multi-phase developments.

The company’s integrated design build construction capabilities further simplify project delivery by combining engineering, architectural planning, budgeting, procurement, construction, and installation within a single coordinated process. Design-build delivery enables project teams to identify challenges early, accelerate decision-making, minimize unnecessary costs, and shorten overall project timelines without compromising quality.

Industrial development presents unique technical requirements that demand specialized expertise. As an established industrial construction company, MTLI Group supports manufacturing facilities, production plants, distribution infrastructure, utility installations, equipment foundations, facility expansions, and operational upgrades that require precision engineering and experienced project management. By integrating engineering with construction and installation services, the company helps clients reduce operational disruptions while maintaining project continuity from concept through completion.

Beyond new construction, MTLI Group also specializes in facility transitions, equipment relocation, production line installation, industrial maintenance, infrastructure modernization, and asset recovery services. These capabilities allow organizations to expand, relocate, consolidate, or upgrade facilities while minimizing downtime and protecting operational productivity.

Long-term operational success depends on maintaining facilities well after construction is complete. As a trusted facility management company, MTLI Group provides comprehensive maintenance programs, inspections, repairs, asset management, modernization planning, and lifecycle support designed to maximize infrastructure performance. The company works closely with clients to improve equipment reliability, extend facility life, reduce maintenance costs, and support continuous operational improvement.

MTLI Group’s integrated business model also supports organizations operating across multiple locations throughout North America. Its experience managing multi-site, multi-trade, and multi-phase programs enables consistent execution regardless of project size or geographic complexity. Whether supporting a single manufacturing expansion or coordinating infrastructure improvements across multiple facilities, the company applies standardized project management practices that promote quality, safety, and accountability.

Safety remains fundamental to every aspect of MTLI Group’s operations. The company’s unified delivery structure enables engineering teams, construction managers, installation crews, automation specialists, and maintenance professionals to work together under consistent safety protocols and quality management systems. This collaborative environment reduces project risk while providing clients with greater confidence throughout every phase of execution.

As industries continue embracing advanced manufacturing technologies, digital infrastructure, automation, and operational modernization, demand for integrated project delivery continues to grow. MTLI Group remains committed to helping clients navigate these changes by delivering comprehensive infrastructure solutions that improve operational efficiency while supporting long-term business objectives.

With more than 40 years of experience, thousands of successful projects, and a commitment to innovation, MTLI Group continues investing in the expertise, technology, and partnerships needed to support the next generation of industrial and commercial infrastructure across the United States. Additional information about the company’s history, capabilities, and integrated approach can be found on the About MTLI Group page.

About MTLI Group

MTLI Group is a fully integrated industrial and commercial infrastructure platform specializing in manufacturing, engineering, automation, logistics, construction, facility transitions, installation, maintenance, asset recovery, and lifecycle support across the United States, Canada, and Mexico. Founded in 1982, the company has completed more than 15,000 projects through a team of 100+ professionals and a network of over 800 trusted vendors and partners. By combining engineering expertise with direct installation ownership, MTLI Group delivers efficient, accountable, and scalable infrastructure solutions for industrial and commercial clients throughout North America.

Media Contact

Organization: MTLI Group of Companies – USA

Contact Person: Mitchell – CEO

Website: https://mtligroup.com/

Email: Send Email

Contact Number: +13054337789

Country:United States

Release id:47216

The post MTLI Group Strengthens Integrated Industrial Infrastructure Solutions Across the United States appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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