Digihost Technology Inc DGHI

Primary Symbol: V.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.

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Digihost Technology Inc > If Bitcoin holds above 40K Canadian

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Comment by junior6grinderon Jan 04, 2021 9:01pm

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RE:RE:RE:RE:RE:If Bitcoin holds above 40K Canadian

.... just had a peek at MARA and they just completed a 200 million dollar financing and their fundamantals look outstanding : ) and their stock is up some 600 perecent in the past 2 months

Nasdaq-listed bitcoin mining firm Marathon Patent Group (MARA) has announced the completion of a $200 million capital raise.

U.S.-based Marathon reported Monday that following the previously announced shelf offering, it had ended the 2020 fiscal year with $217.6 million in cash and 74,656,549 shares outstanding.
The company plans to use the funds to pay for major purchases of bitcoin (BTC, -1.36%) miners from manufacturer Bitmain, as well as further expand the business.
So far, Marathon said it has bought 103,060 miners that, once delivered and deployed, are expected to produce approximately 10.36 EH/s in hash power.
15,200 of these units are scheduled to be shipped in the first quarter of 2021, Marathon said. It's further anticipating installing 4,000 units in February, 6,300 in March and 4,800 in April.
If all the miners were deployed immediately, at a bitcoin price of $28,000, "we would produce approximately $618 million in revenue annually and approximately $523 million in gross profit annually,” said Marathon’s chairman and CEO, Merrick Okamoto, citing numbers from mining profit calculators.