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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 Squashemon Dec 13, 2019 6:03pm
323 Views
Post# 30453877

Interesting

InterestingJust read this and was thinking what does this means for DMG something is going on I believe time will tell read 2nd paragraph> As a result, Bitmain is seeking new inflows of capital to boost its market share. In August, it purchased 600,000 crypto mining chips, which were expected to bring $1.2 billion in profit. Moreover, the company in October opened a 50-megawatt crypto mining farm in Texas to further scale up its mining operations. Its latest partnerships with Mining As A Service (MaaS) company Fastblock and crypto mining consulting firm Bit5ive mark another attempt by Bitmain to advance its global reach. According to a press release, Bit5ive will help the company distribute Antminers in thirty countries in the regions and Fastblock will be responsible for the Brazilian market.
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