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.

TSXV:DGHI - Post by User

Digihost Technology Inc

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Post by bitcon1on Jun 15, 2018 3:20pm

266 Views

Post# 28179429

Caveat Emptor

Buyer beware on this one: 1. Dubious insider sales from one of the board members. 2. Affiliation with GENE who's run by known stock promoter Dan Kriznic (also a member of the KASH board) and the K2 Principal Fund. 3. Led by a rookie CEO. 4. Massive share dilution with an unnecessary stock split (what is this, the '99 dot com bubble?) and acquiring companies via share considerations. 5. Entire business is hinged to the price of BTC and DASH. 6. Large portion of their G&A is spent on advertising and promotion. These guys are chortling (pun intended) all the way to the bank with the paper you bought at $3. See you @ $0.005 and the eventual Chapter 11.

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