VANCOUVER, British Columbia, Jan. 17, 2024 (GLOBE NEWSWIRE) — DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG” or the “Company”), a vertically integrated blockchain and cryptocurrency technology company, announces an operational update:
New Mining Capacity: DMG is progressing with the deployment of approximately 36 megawatts of containerized mining capacity on its Christina Lake mining facility property. Concurrently, DMG has upgraded its mine network infrastructure to support the additional miners and add network redundancy. Miner Deployment Plan: The Company expects to be able to house both its ordered 4,550 units of new Bitmain T21 miners, which should generate approximately 1 EH/s of new hashrate capacity once installed and operating, as well as all of its more efficient legacy fleet, including approximately 2,150 units of Bitmain S19 XP miners. The Company expects this deployment to largely occur in the June 2024 quarter. Substat
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