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Bullboard - Stock Discussion Forum DMG Blockchain Solutions Inc V.DMGI

Alternate Symbol(s):  DMGGF | V.DMGI.WT

DMG Blockchain Solutions Inc. is a vertically integrated blockchain and data center technology company that develops, manages, and operates comprehensive platform solutions to monetize the blockchain ecosystem. Its business lines are referred to as Core (infrastructure) and Core+ (software and services). The Company operates its transaction verification services business, known as Bitcoin... see more

Bullboard (TSXV:DMGI)

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  • phoenix_traderX
Post by phoenix_traderon Aug 30, 2022 11:36pm

Today's CC, my take while we wait for the SA transcript.

Going to install all the remaining S19 XP's to get to 1.0 EXH. Next year, a $10 mill investment to convert to immersion which will result in 1.4 EXh. Watching new technologies but in no rush to ...more  
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  • phoenix_traderX
Post by phoenix_traderon Aug 29, 2022 11:31pm

Less liquidity risk than ALL the big boys.

Liquidity Risk Liquidity risk is the risk that the Company will encounter difficulties in meeting obligations when they become due. As at June 30, 2022, the Company has a working capital of $11,922 ...more  
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  • phoenix_traderX
Comment by phoenix_traderon Aug 29, 2022 11:24pm

RE:Financials OK, with new pricing likely nothing due on miners

Nine Months Ended June 30, 2022 Revenue for the nine months ended June 30, 2022, was $36,795,637, an increase of $30,594,288 as compared to the nine months ended June 30, 2021. Digital currency mining ...more  
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  • phoenix_traderX
Post by phoenix_traderon Aug 29, 2022 11:08pm

Financials OK, with new pricing likely nothing due on miners

As at June 30, 2022, the Company had outstanding executed purchase agreements for the purchase of miners for 450 new model S19j Pro miners and 1,800 new model S19 XP miners. As at June 30, 2022, the ...more  
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  • phoenix_traderX
Post by phoenix_traderon Aug 18, 2022 4:37pm

Old Auditors charged $994,000 in 2021 up from $110m in 2020

Info in Proxy circilar, no wonder we have new Auditors for 2022.
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  • phoenix_traderX
Post by phoenix_traderon Aug 16, 2022 11:13am

RIOT's miners on order.

During the year ended December 31, 2021, the Company entered into six additional purchase agreements with Bitmain Technologies Ltd. (“Bitmain”) to acquire 52,500 Antminer model S19j miners and 30,000 ...more  
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  • phoenix_traderX
Comment by phoenix_traderon Aug 16, 2022 11:08am

RE:I prefer the DMG financial model to RIOT.

RIOT dumped 31 mill shares through an ATM in Q2. As of June 30, 2022, the Company received net proceeds on sales of 30,559,817 million shares of common stock under the Sales Agreement of ...more  
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  • phoenix_traderX
Post by phoenix_traderon Aug 16, 2022 11:02am

I prefer the DMG financial model to RIOT.

From RIOT's Q2 PR. Selling, general, and administrative ("SG&A") expenses increased by $7.2 million to $10.7 million, as compared to $3.5 million for the same three-month period in ...more  
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  • phoenix_traderX
Post by phoenix_traderon Aug 12, 2022 2:09pm

DMG Blockchain twitter has pics of S19J pros arriving

Better late than never - the S19J Pros arrived and are already unpacking and heading to the racks to be energized  
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  • phoenix_traderX
Post by phoenix_traderon Aug 11, 2022 1:51pm

Blackrock launches Bitcoin Private Trust Fund

BlackRock launches a private trust to give clients exposure to spot bitcoin (cnbc.com) BlackRock has launched a private trust offering institutional clients in the U.S. direct exposure to  ...more  
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  • phoenix_traderX
Post by phoenix_traderon Aug 10, 2022 2:15pm

Lots of detail on Bitmain reducing preorder pricing

DMG has 1800 XP's on order from last fall. Bitmain Reprices S19 XP Order: Here’s How Much Bitcoin Miners are Saving (hashrateindex.com)
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  • phoenix_traderX
Post by phoenix_traderon Aug 09, 2022 5:05pm

DMG July stats

June's production numbers were lower than anticipated as the Bitmain shipments did not arrive on schedule and the heat wave negatively affected hashrate.  ...more  
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