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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

Post by bveilleuon Oct 13, 2021 7:42am
169 Views
Post# 33999995

Digihost Announces Receipt of 1,952 New M30 Bitcoin Miners

Digihost Announces Receipt of 1,952 New M30 Bitcoin Miners

TORONTO, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Digihost Technology Inc. (“Digihost” or the “Company”) (TSXV: DGHI; OTCQB: HSSHF), an innovative North American based Bitcoin self-mining company, is pleased to announce that it has received 1,952 new, technologically advanced, high-performance M30 Bitcoin (“BTC”) miners (the “Miners”).

The Miners are currently being installed at the Company’s data center and are expected to be fully operational within the next two weeks. Once connected, the Miners’ additional processing capacity will serve to increase Digihost’s existing hashrate. Digihost expects additional Miners will be received and deployed in the Company’s data center by early November as the Company continues to execute on its strategy of upgrading older miners to more efficient new generation miners.

Michel Amar, the Company’s CEO, stated: “We are pleased to announce receipt of these 1,952 new generation miners, representing another significant operational milestone as part of our ongoing efforts to scale up our mining operations. The Company anticipates receiving additional shipments of the same miners in the coming weeks as we maintain focus on our strategy of generating tremendous growth and value for our shareholders.”

About Digihost Technology Inc.

Digihost Technology Inc. is a growth-oriented blockchain technology company primarily focused on Bitcoin mining. The Company is currently hashing at a rate of 200PH with plans to expand to a hashrate of approximately 3.6 EH, through a combination of self-mining and hosting arrangements with joint venture partners, by the end of 2022.

For further information, please contact:

Digihost Technology Inc.
www.digihost.ca
Michel Amar, Chief Executive Officer
T: 1-818-280-9758
Email: michel@digihostblockchain.com

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