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DMG Blockchain Solutions Inc V.DMGI

Alternate Symbol(s):  DMGGF

DMG Blockchain Solutions Inc. is a vertically integrated blockchain and data center technology company that develops, manages, and operates comprehensive platform solutions to monetize the blockchain ecosystem. Its business lines are referred to as Core (infrastructure) and Core+ (software and services). The Company operates its transaction verification services business, known as Bitcoin mining, in Western Canada. It 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. It also provides bespoke data center deployments specializing in digital asset mining and artificial intelligence (AI). It also offers highly optimized solution to automate and manage hashrate contracts. Its subsidiary, Systemic Trust Corporation, is focused on custody of digital assets.


TSXV:DMGI - Post by User

Post by Ghosttrader11on May 14, 2018 5:12pm
200 Views
Post# 28029072

DMG Valuation

DMG ValuationRight now, DMG Blockchain is valued with approx. 29 mio Cad, which is exactly the amount they raised in Cash when they went public. This means that the operating business is fully excluded in this valuation.

In their last update, they had 2650 mining rigs working for their MaaS-Model. Dan Reitzik (CEO) stated that they get a fee for that between 100$ -150$ per machine per month.

125$ * 2650 machines * 12 months = 3,975 mio $

This means that they should already make 4 million $ a year. Reitzik said in an interview that they have a margin around 60% within their MaaS-Business which means that they should already make a profit of ~2,4 mio $ a year in that segment.

Furthermore they expect around 40 MW to be ready in the next few months which means a significant increase of the Maas and the own Mining business.

Thats only the mining business. They also have the blockchain software business...

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