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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
Bullboard Posts
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(6)
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Comment by smoking81on Oct 13, 2019 12:57pm
298 Views
Post# 30226640

RE:Plant

RE:Planthttps://www.bccpa.ca/getmedia/ae1deee2-ff6f-46e6-99db-3880eeb1e808/DMG-Presentation-CPAEF.pdf

See page 67 from above presentation. It says they pay 6 cents CDN per kwh from Fortis. Bitfarms and Hut8 pay about 30% less for their power and just across the border (which is about 1km away) there is  power available in Washington for 3 cents USD. At current revenues they will not pay for all the money they have put into infrastructure and are not competitive with other mining facilities on power costs. A sample of a better data center with 3 cent power cost in URL below.

https://sabeydatacenters.com/data-centers/intergate-columbia/
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities