Digihost Technology Inc V.DGHI

Alternate Symbol(s): DGHI

Digihost Technology Inc. is a Canada-based blockchain technology and computer infrastructure company. The Company is engaged in cryptocurrency mining. The operations of the Company are located in two geographic locations: Canada and the United States. The Company focuses on its network development, hosting, and mining operations supported by renewable and sustainable energy. The 90% of the energy consumed by the Company is from sources that create zero-carbon emissions, while 50% of the energy consumed is being generated from renewable energy sources. The Company operate its own power generation facilities, which focuses on using bridge power sources where available for low-carbon or renewable sources of energy by creating applications for existing power supplies and transforming the way power is used and the way blockchain is applied. The Company operates approximately 60-megawatt (MW) power plant in North Tonawanda, New York State. It operates from three sites in the United States.

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Digihost Technology Inc

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Post by Kevelleon Jun 08, 2018 9:13am

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Post# 28144849

Just the beginning... record setting revenue growth coming

The Future Of HashChain

Hashchain’s main focus will be to expand its global blockchain technology business, which is supported by Balance, its cryptocurrency accounting and tax software, as well as its mining capacity through its highly efficient data centers. Additionally, HashChain will pursue a number of strategic initiatives:

Using cash on hand and mining proceeds, the Company intends to aggressively expand its mining capacity and acquire additional rigs
To achieve mining success that is tied to mining difficulty and hash rates, HashChain will focus on diversification and the mining of alternatives currencies
Develop software to optimize mining activity (maximizing yield related to quantity, and value of the currency mined)
Enhance HashChain’s proprietary ASICS & GPU Monitoring software to monitor all aspects of mining, maximizing efficiency
Form strategic alliances that will lead to further improvements in efficiency, profitability and awareness

HashChain has 100 GPU Rigs in operation for exclusively mining Dash (DASH) digital currency, and 3,395 ASIC Rigs for mining Bitcoin (BTC).

“We are committed to scaling our mining operations amidst a rapidly consolidating market that requires aggressive growth,” says Patrick Gray, CEO of HashChain. “Just a little over five months ago, the Company was operating with only 100 GPU Rigs, and now we are poised to deploy a total of 9,495 Rigs before the end of July 2018 upon successful completion of our recently announced acquisition. In tandem with our growth in this area, HashChain is also allotting heavy resources to our Masternode hosting platform and blockchain accounting and tax software to build upon all revenue streams.”

With the deployment of the 3,495 Rigs, the Company has an additional 1,000 Bitcoin Rigs purchased and awaiting installation and has entered into an agreement to acquire an additional 5,000 Bitcoin Rigs. With all 9,495 Rigs in operation, HashChain will be mining with approximately 12.5 MW of power.

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