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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

Post by rankininleton Sep 23, 2021 3:45pm
131 Views
Post# 33908909

Concerned = No. Impressed = No.l

Concerned = No. Impressed = No.lUpdates would be very nice.  I look for info on DGHI everyday. Last info I saw was regulatory hold-up. DGHI put forward a plan in regards to "fuel used" to power the planned purchase of power plant in North Tonawanda.  As I understand things, the Regulator expanded the window in which the community can provide input by adding ~ 30 days.  New feedback window closes about October 10th per my recollection.  So it seems DGHI does not yet own the power plant because the Regulator approval not in place yet or DGHI owns the plant and is awaiting approval.  My thought is DGHI not yet own the plant, however, I might be wrong.  Bottom line is bitcoin mining expansion delayed due to NY State regulatory process being on the slow side.  Of note, there seems to be a fair bit of effort brought forward against some or all aspects of the DGHI power plant buy/bitcoin mining plan.  Will the efforts hamper or kill the DGHI plans in NY State?  Well, I think NY politics is hampering developement at the very least.
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