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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

Bullboard Posts
Post by stock2008on Apr 01, 2019 1:28pm
99 Views
Post# 29564719

I'm voting no

I'm voting noThis deal does not make sense.  Why can't kash do a 10 for 1 share consolidation and then do a private placement for its expenses until bitcoin becomes profitable.  That would mean a share count of 26 million and then do a pp at 0.30 for 4 million to raise 1.2 million dollars for expenses.  Bitcoin is going up and before we know it it will be profitable;  I say no to the deal;  I don't want to throw our company away for nothing.  What do you think?  What is the price that bitcoin has to be before we start making money?  If it is less than $5000, I would turn off the machines and wait a month.
Bullboard Posts