Once fully installed and operating, DMG estimates that these miners (Antminer S19J Pro) will have a nine (9) month payback period which is well within the Company’s stated 12-month return on investment (ROI) strategy for Bitcoin mining hardware 1.
Delivery of these miners to DMG’s facility are subject to change given macro factors including but not limited to shipping logistics and customs processing. (TSX-V: DMGI) (DMGGF:OTCQB US) (FRANKFURT: 6AX) (“DMG” or the “Company”), a publicly traded, vertically integrated blockchain and cryptocurrency technology company, is pleased to announce the purchase of 2,450 Bitcoin ASIC miners from Bitmain which is expected to add approximately 245 additional Petahash per second (PH/s) to DMG’s Bitcoin mining capacity following anticipated installation by the end of August, 2021.
VANCOUVER, British Columbia, J(GLOBE NEWSWIRE) - DMG Blockchain Solutions Inc.
