DMG Blockchain Solutions Inc V.DMGI

Alternate Symbol(s): DMGGF

Technology Software - Application

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

DMG Blockchain Solutions Inc

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Comment by Ghosttrader11on Dec 06, 2018 4:52pm

44 Views

Post# 29078932

RE:RE:RE:RE:RE:RE:RE:RE:DMG Blockchain Signs 7 Megawatt Bitcoin Mining Contract

Hey Banger, i think your calculation is pretty close to reality.

The only thing i am not sure about is the Capex. I think that DMG only hosts the rigs for the clients.

In fact, i think that the clients buy the rigs from DMG and then let them host.

I am not a hundred percent sure about this though. But in their financials statements they had 4 million "assets-held-for-sale" in their balance sheet, which i think are the mining rigs for the clients.

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