- DMG Blockchain (DMGI) will become the first Canadian Bitcoin miner to join Marathon Digital Holdings’ Bitcoin mining pool
- The pool, known as MaraPool, provides access to carbon-neutral mining, exclusive services from NYDIG and is fully audited by a third-party firm
- On September 13, 2021, DMG will begin pointing 100-per-cent of its hashrate towards MaraPool
- DMG manages, operates and develops end-to-end digital solutions to monetize the blockchain ecosystem
- DMG Blockchain (DMGI) is up by 0.82 per cent and is currently trading at $1.23 per share
DMG Blockchain (DMGI) will become the first Canadian Bitcoin miner to join Marathon Digital Holdings’ Bitcoin mining pool.
Marathon Digital Holdings is a US$3.75 billion digital asset technology company that mines cryptocurrencies. Its U.S.-based Bitcoin mining pool, known as MaraPool, provides access to carbon-neutral mining, exclusive services from NYDIG and is fully audited by a third-party firm in the U.S.
On September 13, 2021, DMG will begin pointing 100-per-cent of its hashrate towards MaraPool.
Sheldon Bennett, DMG Blockchain’s CEO, stated,
“Marathon has consistently remained at the forefront of not only scaling but professionalizing the Bitcoin mining industry. Their mining pool, which leverages our industry-leading software, is no different. While many mining pools lack transparency and accountability, MaraPool excels at both. We believe that being the first to join shows our confidence in MaraPool, and we look forward to others joining and benefitting from MaraPool as well.”
Fred Thiel, Marathon’s CEO, added,
“After experiencing difficulties with mining pools outside the U.S., we decided to launch our own pool that would reflect the values and needs of enterprising North American Bitcoin miners. After many months of testing, we have now opened the pool to other Bitcoin miners that share our beliefs and our desire to improve miners’ processes. DMG Blockchain has long been an innovator in this regard, having worked closely with us on this initiative, and we are pleased to welcome them to MaraPool.”
DMG manages, operates and develops end-to-end digital solutions to monetize the blockchain ecosystem.
DMG Blockchain (DMGI) is up by 0.82 per cent and is currently trading at $1.23 per share as of 9:31 am ET.
