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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

Post by Manitoba25on Oct 08, 2021 10:47pm
198 Views
Post# 33991283

Mining

MiningI don't see why they would object to the application to buy it. DGHI using it for bitcoin mining, probably wasn't doing much before. Though, if it doesn't go thru, what will happen? They are mining 30-40 coins per month, which is sort of low compared to the bigger miners. Hut 8 is mining almost 300 per month, and continues to ramp up. I added some Hut 8. I think when it trades on the Nasdaq it will move higher. Bitcoin has gone up to 55k, and it really hasn't pushed higher, it seems stuck at around 2 dollars. I think the target is to ramp up to 300 bitcoin per month in order to meet that 80 million per year operational target.
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