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Bullboard - Stock Discussion Forum 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... see more

TSXV:DMGI - Post Discussion

DMG Blockchain Solutions Inc. > Lets revisit Q1 as we await Q2 for DMG - Hashrate: 600.63
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Post by phoenix_trader on May 18, 2022 8:23pm

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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