RATE Group | Canada’s DMG Blockchain Installs 1,000 New Bitcoin Mining Rigs for US Client
75138
post-template-default,single,single-post,postid-75138,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Canada’s DMG Blockchain Installs 1,000 New Bitcoin Mining Rigs for US Client

09 Jan Canada’s DMG Blockchain Installs 1,000 New Bitcoin Mining Rigs for US Client

Posted at 14:34h in Bitcoin News by

[ad_1]

Canadian tech company DMG Blockchain Solutions has installed 1,000 new Bitcoin (BTC) mining machines at its Christina Lake mining-as-a-service facility in British Columbia. 

Per a Jan. 6 press release, DMG has purchased the new miners from Chinese mining giant Bitmain, with the total power consumption of approximately 1.5 megawatts. 

Initially announced in December of last year, the newly installed mining equipment will serve a U.S.-based client, whose name was not revealed in the release. DMG operates as an industrial scale crypto mine hosting company, allowing clients to mine crypto through equipment stationed at its facilities in Northwest Canada. 

DMG’s crypto mining developments

DMG’s COO Sheldon Bennett said that “DMG made a decision to focus on attracting large scale hosting clients as profitable crypto-mining is a function of creating cost efficiencies, and our mining facility is well suited for industrial miners.”

Last October, DMG and Bitmain entered an exploratory…

[ad_2]

Source link

Tags:
, , , , , , , ,