- DMG (DMGI) is announcing the purchase of 1,800 Bitmain Antminer S19 XP miners
- The miners will generate a total of 252 Ph/s once completely installed by the end of 2022
- With this latest order, the company will own just over 1 Eh/s in operating capacity
- December 2021 production is estimated to average 2.58 BTC per day
- DMG Blockchain Solutions manages, operates and develops end-to-end digital solutions to monetize the blockchain ecosystem
- DMG (DMGI) is up by 1.67 per cent and is currently trading at $1.22 per share
DMG (DMGI) is announcing the purchase of 1,800 Bitmain Antminer S19 XP miners.
The model, Bitmain’s newest generation, uses 3.01 kilowatts to generate 140 terahashes, which will total 252 Ph/s once all 1,800 miners are installed.
Delivery is expected to begin in July 2022 with 300 miners arriving each month for the following six months.
With this latest order, the company will own just over 1 Eh/s in operating capacity.
DMG has purchased 9,500 S19s miners from Bitmain over the course of their history.
By mid-December 2021, it will generate over 400 Ph/s, which is estimated to produce an average of 2.58 BTC per day.
DMG Blockchain Solutions is an environmentally friendly and vertically integrated blockchain and cryptocurrency company that manages, operates and develops end-to-end digital solutions to monetize the blockchain ecosystem.
DMG (DMGI) is up by 1.67 per cent and is currently trading at $1.22 per share as of 9:31 am EST.
