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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.


TSXV:DGHI - Post by User

Post by C3POCRYP2Oon Jan 04, 2021 10:29pm
199 Views
Post# 32221478

Nowhere close!! I estimate we have 170-200 BTC as of today.

Nowhere close!! I estimate we have 170-200 BTC as of today.Read my posts from the past - - Per Digihost Q3 ER on 9/30 they had about 125 BTC in their wallet & BTC closed at $10,600.... Around 100 days have transpired since in which we mine over 1 per day and presuming we bank only half the wb 50 more sir I estimate we now could have between 170-200 BTC as of today as this has been the companies strategy since Amar'stook over. DgHi ER pg.13 (Expressed in United States Dollars) (Unaudited) 5. Digital currencies As at September 30, 2020, the Companys digital currencies have a fair value of $1,369,247 (December 31, 2019 - $nil). Digital currencies are recorded at fair value on the date they are received as income from digital currency mining, and are revalued to their current market value less cost to sell at each reporting date. The Company's holdings of digital currencies consist of the following: As at As at September 30, 2020 Bitcoin $ 1,369,247 $ - The continuity of digital currency was as follows: Nine Months Ended September 30, 2020 Balance, beginning of period $ - $ - Digital currency mined 2,366,000 - Digital currency sold (1,252,948) - Revaluation adjustment 256,195 - Balance, end of period $ 1,369,247 $ - During the nine months ended September 30, 2020, the Company disposed of Bitcoin for proceeds totalling $1,278,185 (nine months ended September 30, 2019 $nil) with a cost of $1,252,948 (nine months ended September 30, 2019 - $nil), and recorded a gain on sale of $25,237 (nine months ended September 30, 2019 - $nil). https://www.sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=00043472&issuerType=03&projectNo=03146052&docId=4847381 C3POCRYPT0 "aka" SURGE
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