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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 londonsateon Mar 04, 2021 7:41am
123 Views
Post# 32712869

RE:WOW 35.02 coins mined in February

RE:WOW 35.02 coins mined in February But how much the cost for mining? This is key, if they spent more than these bitcoin monthly, thats no good.


Dman006 wrote: That's impressive for a short month. That would be about 420 coins per year (should be higher assuming they would mine more during a longer month. At the current CAD BTC price that gives them approx. 26 million CAD per year in revenue. Share price is still very undervalued vs. Mara and RIOT 

TORONTO, March 04, 2021 (GLOBE NEWSWIRE) -- Digihost Technology Inc. (“Digihost” or the “Company”) (TSXV: DGHI; OTCQB: HSSHF) is pleased to announce that the Company has increased its mined Bitcoin (“BTC”) holdings during the month of February 2021 by 35.02 BTC, bringing the Company’s mined BTC balance to 218.72. The total BTC balance held by the Company as of February 28, 2021 is 219.72, which includes one BTC received as part of the $4,000,000 proceeds from the closing of the private placement announced on February 19, 2021. Based on an approximate current BTC price of US$51,000, the total value of BTC in the Company’s possession is approximately US$11,206,000.


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