DMG Blockchain Solutions Inc. V.DMGI

bitcoin vs mining companies

[tankumo]

Hi everyone, I was wondering if bitcoin price doubles, will mining companies like DMGI, HUT......etc more than double?

Thanks.

[Squashem]

If Bitcoin does what they say it will ...Dmg will 10 to 20 times itself from here IMO .,they also have to fulfill their plan of 500 petash by year end.... So big question about all miners is do you believe Bitcoin is going to 20,000-50,000 dllrs... One thing Dmg has is the miners they're installing are the latest and greatest for hash rate... One big question is do they have enough cash to

[tankumo]

This analyst says bitcoin will hit 100,000 end of next year, I don't know if he is lying. https://www.youtube.com/watch?v=c-G99P0K_r4&feature=youtu.be

[smoking81]

The obviuos question is if everyone thinks Bitcoin will go to $20k or $100k why not just buy bitcoin and wait for it to go up? You will make way more money and not have a bunch of worthless computers in 3 years that you will need to pay to get rid of. Seems pretty stupid to mine bitcoin at a cost higher than what you can buy them at. If bitcoin goes up 10 times the return from mining will not go

[Moolarino]

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

[nicareal]

True trace blockchain getting some attention . Mean while wazabi is sleeping at the moment. I like the diversecation of DMG but I like the wazabi blockchain and management but man Looks like everyone and there brother are building marijuana blockchain projects . We need some news like this ttt making all the good deals with all the big weed players. This is a caption from there news release