Digihost Technology Inc V.DGHI

Alternate Symbol(s): 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

Digihost Technology Inc

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Post by Manitoba25on Aug 17, 2020 10:51pm

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I owned HIVE in past, and surprisingly, they haven't released their most recent financials, since Mar 2. If you look at their operating and maintenance costs, it is around 23% of the the income received from digital mining, whereas, DGHI is much higher at around 70%. Professional fees for DGHI need to come down to around 0, and regulatory fees seem high, but why are the operation costs so much higher for dghi at around 70% of income compared to around 23% for HIVE?

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A junior copper-gold stock trading at a bargain of monumental proportions