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DMG Blockchain Solutions Inc. (DMG) is a leading company dedicated to the development and management of blockchain-based solutions. DMG focuses on monetizing the blockchain ecosystem through innovative digital solutions while prioritizing sustainability. The company is actively involved in decarbonizing the Bitcoin blockchain, offering technologies like Terra Pool and Petra for carbon-neutral mining and transactions. Recent collaborations with Energy Web and PayPal aim to establish industry standards for sustainable blockchain applications in finance. DMG's CEO, Sheldon Bennett, emphasizes the company's commitment to environmental responsibility and technological advancement.
DMG Blockchain Solutions (OTCQB: DMGGF) announced its expansion into large ordinal inscriptions, leveraging its proprietary Petra technology. This positions DMG as a leader in a burgeoning market, facilitated by its Terra Pool, a carbon-neutral Bitcoin mining solution. At the recent Planet MicroCap Showcase 2023, COO Steven Eliscu highlighted the new revenue potential from this expansion. The company has also been granted a US patent for its Petra technology, enhancing its competitive edge. Additionally, DMG has appointed new board members, including Heather Sim as Director and CFO, while granting 213,736 stock options at $0.31 per share, vesting over two years. These developments aim to drive growth while addressing environmental concerns in the blockchain space.
DMG Blockchain Solutions Inc. (OTCQB: DMGGF) announced significant new miner purchases totaling 1,550 units, contributing an additional 188 PH/s to its operations. This includes 350 Bitmain S19 Pro, 350 S19 XP, and 850 S19j Pro+ miners. The company recently completed the delivery of 1 EH/s of Bitcoin miners, with only 300 S19 XPs pending. DMG is finalizing logistics for over 40 megawatts of crypto mining containers, anticipated to arrive between July and September 2023. Additionally, DMG will present at the Planet MicroCap Showcase in Las Vegas from April 25-27, 2023. The company is also in the process of repricing 3,321,076 stock options, now reduced to 3,121,076, pending TSX Venture Exchange approval. Investors are reminded to consider potential impacts from Bitcoin mining difficulty and hash rates.
DMG Blockchain Solutions has announced the acquisition of new Bitcoin miners to enhance its operations. The company has secured 350 Bitmain S19 Pro, 350 Bitmain S19 XP, and 850 Bitmain S19j Pro+ miners, totaling an additional 188 PH/s in hashrate. This follows a previous purchase of 1 EH/s of miners, with only one tranche pending. The first batch of containers for mining operations is set to arrive by early July 2023. Additionally, DMG will present at the upcoming Planet MicroCap Showcase in Las Vegas from April 25 to 27, 2023. The company is also undergoing a repricing of stock options, reducing the number from 3,321,076 to 3,121,076.
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