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Digihost Technology Inc DGHI


Primary Symbol: V.DGHI

Digihost Technology Inc. is a Canada-based blockchain technology and computer infrastructure company. The Company is engaged in cryptocurrency mining. The operations of the Company are located in two geographic locations: Canada and the United States. The Company focuses on its network development, hosting, and mining operations supported by renewable and sustainable energy. The 90% of the energy consumed by the Company is from sources that create zero-carbon emissions, while 50% of the energy consumed is being generated from renewable energy sources. The Company operate its own power generation facilities, which focuses on using bridge power sources where available for low-carbon or renewable sources of energy by creating applications for existing power supplies and transforming the way power is used and the way blockchain is applied. The Company operates approximately 60-megawatt (MW) power plant in North Tonawanda, New York State. It operates from three sites in the United States.


TSXV:DGHI - Post by User

Comment by rankininleton Jun 17, 2021 8:48pm
137 Views
Post# 33409274

RE:Wondering why stock not performing much better

RE:Wondering why stock not performing much betterSeems sector sentiment and bitcoin price drop are main factors.  More of a trading stock hence buy the dips and sell the spikes is an approach that might pay.  If you have longer term time horizon consider a position around here and add on dips.  Stock moves up and down a fair bit and cannot hold the ups of late.  Fundamentals not driving this bus at this time.  There were some headwinds due to NY anti-miner proposed legislation but that push by some politicians died thus headwind gone.  I hold this and many other miners.  This seems under priced and I would add here if I had cash.  No specific company issues come to mind.  Size might cause some investor groups to stay clear -it is very small vs bug name like Riot or Mara or ....
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