DMG Blockchain Solutions Announces Preliminary September 2024 Operational Results
DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) has released its preliminary Bitcoin operational results for September 2024. The company mined 23 BTC with a hashrate of 1.1 EH/s and holds 436 BTC. DMG is transitioning approximately 0.15 EH/s of its mining fleet to a third-party hosting provider in Canada to enhance operational flexibility.
The company has successfully energized its Bitmain T21 mining fleet, bringing its current operating hashrate to approximately 1.6 EH/s, including externally hosted miners. DMG is on track to reach its near-term goal of 1.7 EH/s. CEO Sheldon Bennett emphasized that these steps are part of DMG's strategy to maximize operational efficiency and enhance Bitcoin production, aiming to deliver long-term value to shareholders through strategic execution and innovation.
DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) ha pubblicato i suoi risultati operativi preliminari su Bitcoin per settembre 2024. L'azienda ha minato 23 BTC con una hashrate di 1,1 EH/s e detiene 436 BTC. DMG sta trasferendo circa 0,15 EH/s della sua flotta mineraria a un fornitore di hosting di terze parti in Canada per migliorare la flessibilità operativa.
L'azienda ha attivato con successo la sua flotta mineraria Bitmain T21, portando l'attuale hashrate operativo a circa 1,6 EH/s, inclusi i minatori ospitati esternamente. DMG è sulla buona strada per raggiungere il suo obiettivo a breve termine di 1,7 EH/s. Il CEO Sheldon Bennett ha sottolineato che questi passaggi fanno parte della strategia di DMG per massimizzare l'efficienza operativa e migliorare la produzione di Bitcoin, puntando a offrire valore a lungo termine agli azionisti attraverso un'esecuzione strategica e innovazione.
DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) ha publicado sus resultados operativos preliminares de Bitcoin para septiembre de 2024. La empresa ha minado 23 BTC con una tasa de hash de 1,1 EH/s y posee 436 BTC. DMG está trasladando aproximadamente 0,15 EH/s de su flota minera a un proveedor de hosting de terceros en Canadá para mejorar la flexibilidad operativa.
La empresa ha energizado con éxito su flota de minería Bitmain T21, llevando su tasa de hash operativo actual a aproximadamente 1,6 EH/s, incluidos los mineros alojados externamente. DMG está en camino de alcanzar su objetivo a corto plazo de 1,7 EH/s. El CEO Sheldon Bennett enfatizó que estos pasos son parte de la estrategia de DMG para maximizar la eficiencia operativa y aumentar la producción de Bitcoin, con el objetivo de ofrecer valor a largo plazo a los accionistas a través de una ejecución y una innovación estratégicas.
DMG 블록체인 솔루션즈 Inc. (TSX-V: DMGI) (OTCQB US: DMGGF)는 2024년 9월 비트코인 운영 결과에 대한 초기 자료를 발표했습니다. 이 회사는 23 BTC를 채굴하였으며 해시레이트는 1.1 EH/s이고, 436 BTC를 보유하고 있습니다. DMG는 운영 유연성을 강화하기 위해 캐나다의 제3자 호스팅 제공업체로 약 0.15 EH/s의 채굴 장비를 전환하고 있습니다.
회사는 Bitmain T21 채굴 장비를 성공적으로 가동하여 현재 운영 해시레이트를 외부 호스팅된 채굴기를 포함하여 약 1.6 EH/s로 증가시켰습니다. DMG는 단기 목표인 1.7 EH/s에 도달할 예정입니다. CEO 셸돈 베넷은 이러한 조치는 DMG의 운영 효율성을 극대화하고 비트코인 생산을 향상시키기 위한 전략의 일환이라고 강조하며, 전략적 실행과 혁신을 통해 주주에게 장기적인 가치를 제공하는 것을 목표로 하고 있습니다.
DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) a publié ses résultats opérationnels préliminaires pour Bitcoin pour septembre 2024. L'entreprise a miné 23 BTC avec un taux de hachage de 1,1 EH/s et détient 436 BTC. DMG est en train de transférer environ 0,15 EH/s de sa flotte minière vers un fournisseur d'hébergement tiers au Canada pour améliorer la flexibilité opérationnelle.
L'entreprise a réussi à mettre en fonctionnement sa flotte minière Bitmain T21, portant son taux de hachage opérationnel actuel à environ 1,6 EH/s, y compris les mineurs hébergés externe. DMG est sur la bonne voie pour atteindre son objectif à court terme de 1,7 EH/s. Le PDG Sheldon Bennett a souligné que ces étapes font partie de la stratégie de DMG pour maximiser l'efficacité opérationnelle et améliorer la production de Bitcoin, visant à offrir une valeur à long terme aux actionnaires grâce à une exécution stratégique et à l'innovation.
DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) hat seine vorläufigen betrieblichen Ergebnisse für Bitcoin für September 2024 veröffentlicht. Das Unternehmen hat 23 BTC mit einer Hashrate von 1,1 EH/s geschürft und hält 436 BTC. DMG überträgt etwa 0,15 EH/s seiner Mining-Flotte an einen Drittanbieter-Hosting-Anbieter in Kanada, um die betriebliche Flexibilität zu erhöhen.
Das Unternehmen hat erfolgreich seine Bitmain T21 Mining-Flotte in Betrieb genommen, was die aktuelle operative Hashrate auf etwa 1,6 EH/s erhöht, einschließlich extern gehosteter Miner. DMG ist auf dem besten Weg, sein kurzfristiges Ziel von 1,7 EH/s zu erreichen. CEO Sheldon Bennett betonte, dass diese Schritte Teil von DMGs Strategie sind, die betriebliche Effizienz zu maximieren und die Bitcoin-Produktion zu steigern, mit dem Ziel, den Aktionären durch strategische Umsetzung und Innovation langfristigen Wert zu bieten.
- Successfully energized Bitmain T21 mining fleet, increasing operational hashrate to 1.6 EH/s
- On track to reach near-term goal of 1.7 EH/s hashrate
- Transitioning 0.15 EH/s of mining fleet to third-party hosting for enhanced operational flexibility
- None.
VANCOUVER, British Columbia, Oct. 04, 2024 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) ("DMG"), a leading vertically integrated blockchain and data center technology company, announces its preliminary Bitcoin operational results for September 2024:
- Bitcoin Mined: 23 BTC
- Hashrate: 1.1 EH/s
- Bitcoin Holdings: 436 BTC
- Hosting Update: DMG is in the process of transitioning approximately 0.15 EH/s of its mining fleet to a third-party hosting provider in Canada, further enhancing operational flexibility.
As of the end of September, DMG has successfully energized its Bitmain T21 mining fleet, fully integrating it into its operations. This energization marks a key milestone in DMG’s ongoing efforts to scale its mining infrastructure. Including the miners being hosted externally, DMG’s current operating hashrate is approximately 1.6 EH/s. The Company is also focused on fleet optimization and remains on track to reach its near-term goal of 1.7 EH/s. These steps are part of DMG's broader strategy to maximize its operational efficiency while enhancing Bitcoin production.
Sheldon Bennett, DMG’s CEO, commented: “The full energization of our T21 fleet is a significant step forward in our operational roadmap, and it demonstrates our ability to execute on key milestones. Our decision to move part of our fleet to a third-party hosting provider not only strengthens our operational agility but also allows us to manage our resources more effectively while pursuing optimal returns. We remain focused on improving our fleet’s performance, and with our current hashrate at 1.6 EH/s, we are well-positioned to achieve our 1.7 EH/s target in the near future. As always, our priority is to deliver long-term value to our shareholders through strategic execution and ongoing innovation.”
About DMG Blockchain Solutions Inc.
DMG is a sustainable, vertically integrated blockchain and data center technology company that develops, manages, and operates comprehensive platform solutions to monetize the blockchain ecosystem. The company’s operations are driven by two strategic pillars: Core and Core+, both unified by DMG’s commitment to vertical integration and environmentally responsible practices.
For more information on DMG Blockchain Solutions visit: www.dmgblockchain.com
Follow @dmgblockchain on Twitter and subscribe to DMG's YouTube channel.
For further information, please contact:
On behalf of the Board of Directors,
Sheldon Bennett, CEO & Director
Tel: 516-222-2560
Email: investors@dmgblockchain.com
Web: www.dmgblockchain.com
For Investor Relations:
investors@dmgblockchain.com
For Media Inquiries:
Chantelle Borrelli
Head of Communications
chantelle@dmgblockchain.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward-Looking Information
This news release contains forward-looking information or statements based on current expectations. Forward-looking statements contained in this news release include statements regarding the expected increase in DMG’s hashrate, transitioning a part of DMG’s miner fleet to a third-party hosting provider and the expected benefits and outcomes, DMG’s strategies and plans, delivering products that enable the monetization of bitcoin transactions, developing and executing on the Company’s products and services, increasing self-mining, the launch of products and services, events, courses of action, and the potential of the Company’s technology and operations, among others, are all forward-looking information.
Future changes in the Bitcoin network-wide mining difficulty rate or Bitcoin hash rate may materially affect the future performance of DMG’s production of bitcoin, and future operating results could also be materially affected by the price of bitcoin and an increase in hash rate mining difficulty.
Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, market and other conditions, volatility in the trading price of the common shares of the Company, business, economic and capital market conditions; the ability to manage operating expenses, which may adversely affect the Company's financial condition; the ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; access to equipment; market conditions and the demand and pricing for products; the demand and pricing of bitcoins; security threats, including a loss/theft of DMG's bitcoins; DMG's relationships with its customers, distributors and business partners; the inability to add more power to DMG's facilities; DMG's ability to successfully define, design and release new products in a timely manner that meet customers' needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; and the dependence on key personnel. DMG may not actually achieve its plans, projections, or expectations. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, the ability to successfully develop software, that there will be no regulation or law that will prevent the Company from operating its business, anticipated costs, the ability to secure sufficient capital to complete its business plans, the ability to achieve goals and the price of bitcoin. Given these risks, uncertainties, and assumptions, you should not place undue reliance on these forward-looking statements. The securities of DMG are considered highly speculative due to the nature of DMG's business. For further information concerning these and other risks and uncertainties, refer to the Company’s filings on www.sedarplus.ca. In addition, DMG’s past financial performance may not be a reliable indicator of future performance.
Factors that could cause actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, equipment failures, lack of supply of equipment, power and infrastructure, failure to obtain any permits required to operate the business, the impact of technology changes on the industry, the impact of viruses and diseases on the Company's ability to operate, secure equipment, and hire personnel, competition, security threats including stolen bitcoins from DMG or its customers, consumer sentiment towards DMG's products, services and blockchain technology generally, failure to develop new and innovative products, litigation, adverse weather or climate events, increase in operating costs, increase in equipment and labor costs, equipment failures, decrease in the price of Bitcoin, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees, directors, officers and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of or statements made by third parties in respect of the matters discussed above.
FAQ
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