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 > Digihost Provides Update on Proposed Private Placement

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Comment by simmerdownon Mar 09, 2021 1:14pm

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Post# 32753669

RE:RE:RE:RE:RE:RE:RE:RE:RE:Digihost Provides Update on Proposed Private Placement

With BTC at these levels, we're making money. I'm not sure however how it shows up on the financials (ie. a gold company mines gold, sells it, includes expenses on the balance sheet and gives us earnings, a loss or a profit) We're not selling our bitcoin (hence the reason for the PP). Therefore, our financials might not be the best (I'm guessing a loss); however, you have to do your own calculations.

Can someone help me out here, am I out in left field?

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