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

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TSXV:DMGI - Post Discussion

DMG Blockchain Solutions Inc > Treading in Depp Water.

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Post by Shlinker_ on Nov 07, 2023 10:30am

Treading in Depp Water.

So they had to sell over 60 BTC just to stay alive? Company treading in deep water. Hashrate of 1.2 won't make this company profitable.

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Comment by rdc1945 on Dec 06, 2023 3:03pm

Don't quite understand you comment mean this is what the News Release on Nov. 6 stated, " (“DMG” or the “Company”), a vertically integrated blockchain and cryptocurrency technology company, announces October 2023 preliminary mining results: DMG mined 59.2 bitcoin with 0.87 EH/s realized hashrate. DMG’s bitcoin balance as of October 31, 2023 was 462 bitcoin. DMG exited October with ...more

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Comment by TheeRook on Dec 06, 2023 4:01pm

Bitcoin is Halfing next year so the new equipment is just to keep up to the current rate. Just more capital expendatures to play the bitcoin game of artificial difficulty and use more energy..

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DMG Blockchain Solutions Inc