|Bid||0.1000 x 0|
|Ask||0.1050 x 0|
|Day's Range||0.1000 - 0.1050|
|52 Week Range||0.0400 - 0.2050|
|Beta (5Y Monthly)||1.04|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 14, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.50|
DMG acquired these miners via equipment financing as opposed to any further dilutive equity financings. The Company’s 2020 goal, which requires additional financing, is 500 petahash of self-mining and DMG continues to provide hosting services to third party clients, in line with its blended model of hosting and self-mining.
Highlights: DMG adds 90 petahash towards its stated 2020 year-end goal of 500 petahash of self-miningDMG used the previously offered $2M available for financing this new.
In advance of its conference call tomorrow, DMG is providing an update on its outlook and plans for the fiscal years 2020 to 2023. DMG has raised its financial expectations to reflect stronger than anticipated market developments, with an expectation that trends will continue to significantly favor DMG’s business model in the years ahead, while remaining competitive in an increasingly innovation driven and energy cost dependent bitcoin mining industry. The Company expects its self-mining compute power to increase following the strong growth in bitcoin price.
Highlights: DMG energizes previously announced 500 M30 New Generation Miners for both self-mining and for a hosted clientPreviously announced private placement closedDMG.
With today’s Bitcoin halving, DMG is well prepared for this major economic event and expects to benefit from the changing market environment. DMG releases its newly created mining overview summarizing the Company’s current institutional-grade Bitcoin mining activities for various interested new customers and shareholders. As part of its successful growth strategy, DMG further expands its business development activities and prepares for new major projects.
Anyone researching DMG Blockchain Solutions Inc. (CVE:DMGI) might want to consider the historical volatility of the...
Onyx will be responsible to assist in the preparation of corporate presentations and marketing materials and conducting business development and marketing activities with a specific focus on acquiring new hosting clients from Europe and North America. DMG provides one of the safest and most cost-effective hosting opportunities in North America.
Highlights: ● DMG has ordered new mining equipment which will add 22 Petahash of self-mining, an increase of approximately 50% over current self-mining ● An existing.
DMG has always allowed its software engineers to work remotely as necessary, and all employees are experienced with the various remote collaboration software tools the Company utilizes daily. DMG’s proprietary mine management software is fully deployed allowing its technicians to remotely monitor the operations such as hash rates, temperature, power consumption, etc. If repairs are needed, staff at the facility are notified of the issue and what is needed to be done for repairs so they can take the necessary action.
Highlights: ● DMG’s facility to install and retrofit air cooling system to immersion cooling ● Immersion cooling can lead to a substantial reduction in power.
Highlights: DMG anticipates that it will file audited financial statements January 28, 2020 DMG has energized over 1,000 GPU Mining Rigs for a GPU client DMG begins.
Bitmain shipped the miners on behalf of the client to DMG’s Christina Lake facility in late December and DMG has now completed the installation and has the miners fully operational. This shipment from DMG’s new client will consume approximately 1.5MW of power.
DMG Blockchain Solutions Inc. (DMGI.V) (DMGGF:OTC US) (6AX.F) (“DMG” or the “Company”), a diversified blockchain and technology company, is pleased to announce that Bitmain has shipped an additional allotment of its Antminers to its Texas facility, which is now managed by DMG. This new shipment will consume approximately 15 MW of additional power which is an approximate 50% increase in mining hardware which is currently being used for bitcoin mining.
VANCOUVER, British Columbia, Oct. 21, 2019 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (DMGI.V) (DMGGF:OTC US) (6AX.F) (“DMG” or the “Company”), a diversified blockchain and technology company, is pleased to announce that after an extensive selection process, it has entered into a preliminary agreement with Bitmain Technologies (“Bitmain”) to provide hosting and management services for Bitmain’s Texas facility. 50MW of power are currently available, with the potential to expand to 300MW, making it one of, if not the largest bitcoin mining facilities in the world.
DMG Blockchain Solutions Inc. (DMGI.V) (DMGGF:OTC US) (6AX.F) (“DMG” or the “Company”), a diversified blockchain and technology company, is pleased to announce that DMG Blockseer Japan has entered into a 5-year software licensing agreement with a Japanese National Investigation Agency. Japan is one of the first countries to regulate cryptocurrency.
Every investor in DMG Blockchain Solutions Inc. (CVE:DMGI) should be aware of the most powerful shareholder groups...
DMG has incubated the collaboration with a Fortune 100 Technology Company for the past year to build a decentralized, immutable, enterprise grade platform using Hyperledger Fabric that connects all 3rd party systems guaranteeing provenance and transparency for automation across the entire Cannabis supply chain. Wazabi provides prebuilt APIs allowing all 3rd party applications to quickly become participants in the Industry’s Cognitive platform, expanding their capabilities and further driving value for their users / customers. VANCOUVER, British Columbia, Sept. 11, 2019 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (DMGI.V) (DMGGF:OTC US) (6AX.F) (“DMG” or the “Company”), a diversified blockchain and technology company, is pleased to unveil the Wazabi Project.
DMG Blockchain Solutions Inc. (DMGI.V) (DMGGF:OTC US) (6AX.F) (“DMG” or the “Company”), a diversified blockchain and technology company, is providing an update and overview of its crypto-mining operations and its forensics division. DMG constructed an 85-megawatt substation to power its flagship facility in eastern British Columbia, which is one of the largest such facilities in North America. As a company, DMG chose to primarily invest in long-lived assets, including infrastructure and power distribution, as opposed to short-lived, capital-intensive mining equipment.
/C O R R E C T I O N from Source -- Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions/
DMG Blockchain Solutions Inc. (DMGI.V) (DMGGF:OTC US) (6AX.F) (“DMG” or the “Company”), a diversified blockchain and technology company, is pleased to announce that the British Columbia Securities Commission, as principal regulator, has revoked the cease trade order (the “CTO”) issued against the Company as a result of the delay in the filing of the Company’s audited financial statements for the year ended September 30, 2018, and related filings (together, the “Filings”). The Company has applied to the TSXV for the reinstatement of trading of its common shares and anticipates it will resume trading shortly.
DMG Blockchain Solutions Inc. (DMGI.V) (DMGGF:OTC US) (6AX.F) (“DMG” or the “Company”), a diversified blockchain and technology company, is pleased to announce that its Anti Money Laundering software Walletscore is now available for EU clients including crypto-exchanges, private and public banks, financial institutions, and traders. More than 20 EU financial institutions are now in beta testing of Walletscore, which is a standalone addition to DMG’s Blockseer software.
Note 16 of the Company’s interim financial statements for the period ended December 31, 2018 disclosed the general and administrative office expense as a negative figure, which the Company noted resulted as an error due to oversight. As a result of the correction, general and administrative expenses increased by $860,474, foreign exchange loss increased by $447,493, and foreign exchange gain on translation of foreign subsidiary decreased by $7,982 in the condensed interim consolidated statement of profit and loss.