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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

Comment by Moolarinoon Jul 13, 2020 2:21pm
187 Views
Post# 31261548

RE:RE:RE:RE:bitcoin vs mining companies

RE:RE:RE:RE:bitcoin vs mining companies

The obvious answer to your obvious question is on top of benefitting from their own BTC stores, the current share price is a fraction of what the christina lake facitlity is worth alone.  Meaning the upside isn't only tied to BTC with this play.  A waszabi, blockseer, or signficant MaaS contract could trigger a run with DMG on top of BTC prices. 

RIOT trades at $2 with the same Petahash rate that DMG has outlined they will attain in a reasonable amount of time.   You also can't use a TFSA to invest in bitcoin either.  If they don't meet their schedule, then it's time to criticize, but you have to be blind and dumb not to see the upside here vs Bitcoin.

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