Express

Canadian tech company DMG Blockchain Solutions Installs 1,000 New Bitcoin Mining Rigs

Janelle Fox

Summary: DMG Blockchain Solutions, the Canadian tech company, has installed 1,000 new Bitcoin (BTC) mining machines in their Christina Lake mining-as-a-service facility in British Columbia, according to a Jan. 6 press release. DMG purchased their new mining machines from Chinese mining giant Bitmain. The 1,000 new mining machines are expected to consume around 1.5 megawatts in total. ...

DMG Blockchain Solutions, the Canadian tech company, has installed 1,000 new Bitcoin (BTC) mining machines in their Christina Lake mining-as-a-service facility in British Columbia, according to a Jan. 6 press release.

DMG purchased their new mining machines from Chinese mining giant Bitmain. The 1,000 new mining machines are expected to consume around 1.5 megawatts in total. Initially announced in December of last year, the new equipment is meant to serve a U.S.-based client, who’s name hasn’t been revealed.

By Janelle Fox

  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 17 hours ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 2 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 5 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 6 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 8 days ago
  • You need to login to comment.