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DMG Blockchain Solutions Inc. V.DMGI

Alternate Symbol(s):  DMGGF

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 business, commonly known as Bitcoin mining, in Western Canada. The Company owns and operates its data center in Christina Lake, BC. Its regulatory and compliance platforms include Terra Pool, Blockseer Walletscore, Mine Manager and Blockseer Petra. Its crypto safety and security platforms include Blockseer Intelligence, Blockseer Exchange and Blockseer Breeze. Its Blockseer Walletscore platform is focused on anti-money laundering (AML) compliance obligations with a custom DMG application programming interface (API) for crypto exchanges to payment platforms to interconnect and utilize this platform.


TSXV:DMGI - Post by User

Post by puma17on Jun 06, 2019 10:58am
120 Views
Post# 29802604

News

NewsDMG Adds New Mining Clients and Provides Mining Update Highlights: DMG has recently added three new mining clients, bringing total hosting clients to seven Most new clients relocated their miners from other facilities All clients are now managed using DMGs proprietary Mine Management Software New photos of the facility from Bitmains recent visit are posted at https://dmgblockchain.com/dmg-mine/ VANCOUVER, British Columbia, June 6, 2019 DMG Blockchain Solutions Inc. (TSX-V: DMGI) (DMGGF:OTC US) (FRANKFURT:6AX) (DMG or the Company), a diversified blockchain and technology company, is pleased to announce that it recently added new mining clients bringing DMGs total number of hosted miners to more than 10,000 individual miners, comprised primarily of Innosillicon and Bitmain products. Sheldon Bennett, DMGs COO stated, The demand for DMG hosting that we are seeing coming from other mining facilities is a testament to the quality of DMGs facility, our staff and the recently released mine management software. Recently we welcomed representatives from the largest mining equipment manufacturer in the world, and look forward to hosting their customers as well. DMG MINE JUNE 2019 Josh Metnick, CEO at Navier Inc. added Our company visited many hosting facilities and ultimately chose DMG. Profitable crypto mining is a result of efficiencies and not just low power costs. DMGs uptime record is unprecedented, on-site maintenance and repair have been superb and, as a result, even though their power price, although competitive, is not the lowest in the world, our operations are more profitable, as these efficiencies outweigh power costs.
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