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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 phoenix_traderon May 18, 2022 8:23pm
198 Views
Post# 34694175

Lets revisit Q1 as we await Q2 for DMG - Hashrate: 600.63

Lets revisit Q1 as we await Q2 for DMG - Hashrate: 600.63 "This was an important quarter for DMG as it marks the first where the company is deriving significant revenue from its investment in self mining and a new fleet of crypto mining equipment. Our strategy to move from a primarily hosting focused company to greater focus on self-crypto mining is progressing well with approximately 50 per cent of our purchased exahash in place and running now. Along with our Core strategy gains, our Core-plus team has made significant progress in software platforms over Q1. Our pooling software is continuing to find blocks in line with expected luck and we are continuing to work on other platforms to help diversify DMG's revenue," comments Sheldon Bennett, DMG's chief executive officer.
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