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

Alternate Symbol(s):  DMGGF

DMG Blockchain Solutions Inc. is a Canada-based vertically integrated blockchain and cryptocurrency company that manages, operates and develops end-to-end digital solutions to monetize the blockchain ecosystem. Its business lines consist of Core, which includes data center operations, and Core+, which provides software and services. The Company operates its transaction verification services... see more

TSXV:DMGI - Post Discussion

DMG Blockchain Solutions Inc > Cleanspark Q1: DMGI is better value
View:
Post by phoenix_trader on May 10, 2022 8:40pm

Cleanspark Q1: DMGI is better value

Not to detract from CLSK's numbers, 80% of miners of order are paid for because they sold BTC's to increase deposits.

DMG's MC is US$50 mill with 88 BTC in April, CLSK is US$236 with 313 BTC in April. Efficiency is key and DMG is the King right now.
DMG has not leased anything, CLSK leases everything except miners.

DMG says we buy miners when they are cheap, maybe not quite as cheap as Bitfury's Cipher orders but CIFR still needs to pay a LOT to take delivery

Read the CLSK 10Q.


Form 10-Q for Cleanspark INC filed 05/09/2022 (quotemedia.com)
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