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DMG Blockchain Solutions Inc V.DMGI

Alternate Symbol(s):  DMGGF | V.DMGI.WT

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 fearlessggg1962on Oct 08, 2019 2:34pm
233 Views
Post# 30208462

RE:RE:News

RE:RE:NewsHello Jericomile,

I think the potential for DMG in earning revenue would be to bring cryptominers from jurisdiction like China and other countries to host them in BC? I don't think the consulting business brings a whole lot of earnings to the company and i think, it is used to bring more legitimacy to an industry that has a bad rap, so consulting is more so, sort of speak a lost leader. Which brings me to the hosting of miners, the only edge DMG has to attract these miners is somewhat cheaper power but i reserched it and that electricity cost saving is very marginal so why would miners from other jurisdictions disrupt their business for a marginal cost saving? Simple way to find out is google electricity price in China and google electricity price in BC. I Sure, can agree with you or anyone else that would argue that DMG has better rates negotiated with BC Hydro but so is someone in China and lets face it China has been extremely competitive in the world's markets so to me DMG has no market advantages whatsoever that will make a difference. So this thing could be stuck for a very long time in the low single digit price. I would love to hear from others valid arguments not some BS rants please.

Regards,

Fearlessgg 
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