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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

Comment by Dman006on Feb 04, 2021 8:07am
121 Views
Post# 32468220

RE:Digihost Reports January Bitcoin Mining Figures

RE:Digihost Reports January Bitcoin Mining FiguresSo 6.8 million USD = Roughly 8.625 million CAD

And

33 BTC per month = 396 BTC per year = 18.62 million per year CAD in gross revenue. 

Current market cap is 28.5 million CAD 

The higher bitcoin goes, the more this company makes per year. 

Right now this company should have a market cap of atleast 90-100 million in my opinion but a lot will come down to the cost of mining the BTC

Over all, as long as all is accurate and costs are around 30% of gross revenue, this stock should be trading at atleast 3$ 
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