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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

Comment by rankininleton Oct 09, 2021 11:59am
178 Views
Post# 33991908

RE:Mining

RE:MiningFUD and Green Politics in NY State and Buffalo area is what would kill the propossed DGHI power plant purchase and related bitcoin mining rig build-out.  My take is the DGHI plan will proceed.  What is really interesting is the question of what will DGHI look like in 18 months and what will BTC mining look like the world over?  DGHI stated plans include PH925 self-owned build out AND PH2400 hosted build-out "minimum".  The CEO is aggressive thus there are likely bigger things in the works ( my opinion without alot of facts ).  The CEO talked about de-risk of single geographic business ( IE New York State ) which leads one to wonder what investments outside of NY could look like in terms of scale and timing.  My take is climbing NY regulatory wall is the current focus.  Once done, there will be a reset of growth profile such that growth where, when, and what questions get some colour.  Near ter, all roads lead to a higher share price unless BTC crumbles or NY politics kills growth application(s).
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