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Bullboard - Stock Discussion Forum DMG Blockchain Solutions Inc. DMGGF


Primary Symbol: V.DMGI

DMG Blockchain Solutions Inc. is a Canada-based vertically integrated blockchain and cryptocurrency company that manages, operates and develops end-to-end digital solutions to monetize the blockchain ecosystem. Its business lines consist of Core, which includes data center operations, and Core+, which provides software and services. The Company operates its transaction verification services... see more

TSXV:DMGI - Post Discussion

DMG Blockchain Solutions Inc. > Treading in Depp Water.
View:
Post by Shlinker_ on Nov 07, 2023 10:30am

Treading in Depp Water.

So they had to sell over 60 BTC just to stay alive? Company treading in deep water. Hashrate of 1.2 won't make this company profitable.
Comment by rdc1945 on Dec 06, 2023 3:03pm
Don't quite understand you comment mean this is what the News Release on Nov. 6 stated, " (“DMG” or the “Company”), a vertically integrated blockchain and cryptocurrency technology company, announces October 2023 preliminary mining results: DMG mined 59.2 bitcoin with 0.87 EH/s realized hashrate. DMG’s bitcoin balance as of October 31, 2023 was 462 bitcoin. DMG exited October with ...more  
Comment by TheeRook on Dec 06, 2023 4:01pm
Bitcoin is Halfing next year so the new equipment is just to keep up to the current rate. Just more capital expendatures to play the bitcoin game of artificial difficulty and use more energy..
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