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No disrespect intended. I assume this was meant to be a wee bit funny. Quote: "Similar to Dogecoin, Pepecoin’s value is primarily driven by social media hype, rather than serving a specific utility within the blockchain ecosystem."
Funny. So, Pepe and Doge are kind of like stepping on wet toilet paper and then having it trail behind as one walks away. Lot's of things are like this. In fact, most advertising adds no actual value to anything. Mostly, it's all simply ways of manipulating people to do something.
DMG is not anything like these silly, empty, valueless pieces of nothing. DMG has built value within the blockchain ecosystem and has consistently grown toward more value.
DMG has a product one can touch, buy and hold onto.
How this meme coin broke the internet........ You May Have Heard of Dogecoin or Shiba Coin but Have you Heard the New Craze: Pepecoin (PEPE)?
Check out why: https://wealthyvc.com/business-news/pepe-coin-holders-stay-optimistic-amid-price-drop/
PEPE Coin Holders Stay Optimistic Amid Price Drop! PEPE is a cryptocurrency inspired by the popular internet meme, Pepe the Frog. It operates on blockchain technology, similar to other meme-based digital currencies. Similar to Dogecoin, Pepecoin’s value is primarily driven by social media hype, rather than serving a specific utility within the blockchain ecosystem.
$DMGGF..Woke up!
And ate the world of bitcoin mining.
DMG: the little train that could.
Presenting to:
DMG Provides November Mining Results; Company to Present at Singular Research’s Best of the Uncovered
https://mailchi.mp/dmgblockchain/dmg-blockchain-solutions-february-2022-newsletter-13769894?e=655934cf10
DMG Blockchain Solutions Releases 2021 Annual Review
https://www.otcmarkets.com/stock/DMGGF/news/DMG-Blockchain-Solutions-Releases-2021-Annual-Review?id=339975
This is the cheapest BTC mining company with 1 eth , can't be ignored any longer...buy it, hold it...
Bitf is also power house of the BTC...
Looking to double substation power!
2 exahash goal in 2022.
1 exahash bought already.
.5 exahash installed by Christmas.
Pool management licensing.
$MARA pool manager.
TERRA pool manager.
Wallets, exchange, Insured cold storage up to $5M.
$100M MC.
Watch @ViridiFunds Crypto Mining CEO Chats interview with Sheldon Bennett.https://t.co/wAAlzICPfw#Crypto $DMGI $DMGGF #renewableenergy #bitcoinmining #BTC
— DMG Blockchain Solutions (@dmgblockchain) December 15, 2021
Thanks for staying on this for us! Appreciate all the updates.
DMGGF - TERRA POOL coming soon....
MARA pool running and Marathon licensed dmgblockchain pool software.
Insured wallets coming! 1 exahash purchased and installing.
Launching their exchange!
$100M MC.
Continued : CEO dmgblockchain "A few people have tried to acquire us in the past. Bigger companies, when they see our assets."
RIOT SOS BITF MARA..?
"We are looking at acquisitions of companies"
"We plan on running 2 Eh."
"Immersion cooling will save us 18%"
I like the sound of that.
DMG will be the Cisco Systems or Microsoft of the blockchain.
100% true. DMG was one of the few companies which understood that creative disruption, such as blockchain technology, would not stand as a license to steal from innocent people who wouldn't know how to close the doors to their own accounts.
Just imagine a bank manager telling you it's your fault when you find your own bank accounts empty. Such thinking is madness.
The Company, Coinbase, is a perfect example. Many people have had their Coinbase accounts drained while Coinbase tells them its not their concern.
Let's hope DMG can charge companies like Coinbase a fortune helping to make account holders whole. How? By perfecting the mapping software so that stolen property can be tracked as easily as payments, brightly showing where stolen goods are stored.
The sick notion that stealing is creative or wealth building is genuinely f'ed up. Come on DMG, show the world how blockchain can make the world a normal place again.
DMGGF The BetaShares Crypto Innovators ETF (CRYP) Australia keeps adding shares. They just bought 11,955 shares of DMG and now hold 382,545
One dollar is one tenth of ten dollars: ten bagger.
10 bagger
DMGGF testing $1 again after more commentary & bump in bitcoin price:
Best Penny Stocks Under $1 To Watch As Bitcoin Cracks $58,000
Welp…. Guess those $.70s paid off.
4B. 1B. What's a few zeroes among friends? After all, we're talking blockchain, the next big thing.
Besides, the Everly Brothers said it best in their classic song: All I have to do is dream.
That would be over a $4B valuation………. Don’t think that’s a fair value. Maaaaaaybe $1B
Glad they're doing something, even if shared. DMG needs to get the juices flowing. The other miners are all running fast to keep up with the competition, making DMG feel a bit slow compared to the many others. I've sometimes wondered if they're just waiting to be purchased by the likes of Mara, HVBT, etc. Not sure when it happens, but in many industries, the small quality businesses often get bought by the larger hungry ones. I like that DMG works so well with MARA. Wouldn't mind waking up someday to a MARA buyout. Lets wait, though, until the SP is about $20-$25.
DMG Blockchain Set To Join Marathon’s Bitcoin Mining Pool, MaraPool
Source: GlobeNewswire Inc.
Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), one of the largest enterprise Bitcoin self-mining companies in North America, today announced that DMG Blockchain, (TSX-V: DMGI) (OTCQB: DMGGF) (FRANKFURT: 6AX), a vertically integrated blockchain and cryptocurrency technology company, will become the first North American Bitcoin miner, excluding Marathon, to join Marathon’s mining pool, MaraPool.
On Monday September 13, 2021, DMG Blockchain will begin pointing 100% of its hash rate towards MaraPool, as the pool opens to additional Bitcoin mining companies. MaraPool is a U.S.-based Bitcoin mining pool that is focused on reducing the environmental impact of Bitcoin mining through carbon neutral mining. The pool, which is fully audited by a third-party firm in the U.S., provides its members with industry leading transparency, an intuitive reporting system, and access to exclusive services from NYDIG.
“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,” said Fred Thiel, Marathon’s CEO. “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.”
Sheldon Bennett, DMG Blockchain’s CEO, added, “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 part of MaraPool will improve our operations, and we look forward to benefiting from this change.”
On September 9, 2021, Marathon will be promoting MaraPool’s features and benefits at Bitmain’s Digital Mining Energy Conference in Miami, FL. To learn more about MaraPool, or to apply to join, visit marapool.com.
DMG Blockchain is the First to Join MaraPool
Source: GlobeNewswire Inc.
DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FRANKFURT: 6AX) (“DMG” or the “Company”), a vertically integrated blockchain and cryptocurrency technology company, announces today that DMG has become the first Canadian Bitcoin miner to join the mining pool of Marathon Digital Holdings, Inc. (Nasdaq:MARA) commonly referred to as MaraPool.
MaraPool is a U.S.-based Bitcoin mining pool that is fully audited by a third-party firm in the U.S. The pool provides its members with industry leading transparency, an intuitive reporting system, and access to exclusive services from NYDIG. On September 13, 2021 DMG will begin pointing 100% of its hashrate towards the MaraPool. Upon DMG being the first to join, MaraPool will then be open to additional Bitcoin mining companies.
Sheldon Bennett, DMG Blockchain’s CEO, said, “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 benefiting from MaraPool as well.”
“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,” said Fred Thiel, Marathon’s CEO. “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 to Present at H.C. Wainwright 23rd Annual Investment Conference
In addition, Mr. Bennett will present at the H.C. Wainwright 23rd Annual Global Investment Virtual Conference, which is being held virtually from September 13 – 15, 2021. He will deliver the corporate presentation, which will become available beginning on September 13 at 7:00 AM ET. Investors can register for the conference here: www.hcwevents.com.
Mr. Bennett will also be available for one-on-one meetings throughout the conference.
About DMG Blockchain Solutions Inc.
DMG is an environmentally friendly vertically integrated blockchain and cryptocurrency company that manages, operates, and develops end-to-end digital solutions to monetize the blockchain ecosystem. DMG’s sustainable businesses are segmented into three main divisions: data centre operations, data analytics and forensics and developing enterprise blockchains. DMG’s non-polluting data centre operations focus on earning eco-friendly revenues from block rewards and transaction fees by mining primarily bitcoin as well as providing hosting services for industrial mining clients entirely powered by renewable energy. DMG’s data analytics and forensic services provide technical expertise software products such as Blockseer Pool, Mine Manager and Walletscore, as well as working with auditors, law firms, and law enforcement organizations. DMG’s permissioned blockchain technology is focused on developing enterprise software for the supply chain management of controlled products. DMG’s strategy is to become the domain experts across the business verticals it focuses on. DMG’s environmentally committed management team includes seasoned crypto experts, forensic & financial professionals and blockchain developers with deep relationships throughout the industry and a strong ecological consciousness.
Future changes in the Bitcoin network-wide mining difficulty rate or Bitcoin hashrate may materially affect the future performance of DMG’s production of Bitcoin, and future operational results could also be materially affected by the price of Bitcoin and an increase in hashrate mining difficulty.
For more information on DMG Blockchain Solutions visit: www.dmgblockchain.com
Follow @dmgblockchain on Twitter and subscribe to DMG's YouTube channel.
On behalf of the Board of Directors,
Sheldon Bennett, CEO and Director
For further information, please contact:
DMG Blockchain Solutions Inc.
Email: investors@dmgblockchain.com
Web: www.dmgblockchain.com
Investor Relations Contact:
CORE IR 516-222-2560
For Media Inquiries:
Jules Abraham, Head of Public Relations
CORE IR
917-885-7378
julesa@coreir.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
About Marathon Digital Holdings
Marathon is a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets.
Marathon Digital Holdings Company Contact:
Charlie Schumacher
Telephone: 800-804-1690
Email: charlie@marathondh.com
Really that’s your take away from the call? Your a dubious reporter of nonsense if this is all you can sift out of a 45 minute call that detailed a lot of projects and activities. You lost any respect i may have had for you. I’m barely in DMG so if it went down that would be good for me. But I’m not going to spout ridiculousness like this.
Thanks Port77, I appreciate your integrity and explanations. I have been following DMG for a few years now and they have have always been forward looking and upstanding. They have so many other irons in the fire that are slowly making progress. I only have a few shares at this time but am ready to get back in after that call/report.
"... they need to triple their mining capability and need BTC above $52k, their break even."
That is exactly their plan. That's what he said on the call. But let's be honest, if bitcoin stays at $52k, this whole enterprise is likely going down like the Titanic. This boat only floats if bitcoin catches true value which holds up long-term. If that happens, then $52k will be a time to regret not buying in.
Don't forget, there are no guarantees because right now this is all still speculative. We have a-ways to go before we find out if this is real or whether the whole thing was Memorex. (Remember that commercial: is it real or is it Memorex?)
Nobody yet knows for sure, except Michael Saylor.
To clarify: my reference to 450 meant 450 new mining machines showing up each month for a number of months. My original post clearly says that. That's what he said on the call.
This number of 450 does not represent mining 450 bitcoin per month. That would be very cool, but they would need more miners to do that.
They mine currently 63BTC A MONTH……
Your numbers are fantasy
450 per month at 50000 is 270 million.Bitcoin will be over 50000 by years' end.250 million is being conservative too say the least.
Bottom line, they need to triple their mining capability and need BTC above $52k, their break even.
It is not 250M a year………
That's roughly 250 million a year and 50 million in cash.I would say this thing is going up.Very bright future indeed.
Ok. But you're only stating the pessimistic side. The reason this quarter loss occurred is because they cut out smaller hosting clients in order to replace the spaces with their own new miners. Their own miners are coming in at about 450 per month for the next few months, pushing DMG to the 2 exahash level. This will significantly upgrade their mining abilities. If we believe in the long term value of bitcoin, then future earnings matter. Again, it's why a person would buy a speculative stock like DMG. So it's clear that this loss is an investment into increased future income. He accurately explained this quarter's loss. That's what you want a young company to do.
Also stated was $45 million in cash on balance sheet.
Also stated was their hodling, not selling bitcoin, including those bought at $52k.
You may not like or accept the optimistic view, but it does honestly balance the pessimistic view.
$8M+ loss.
Hosting getting moved out.
Haven’t really expanded their mining rig purchases.
Currently mining a little over 2 BTC a day.
I’ve seen the interviews… now o need the fundamental numbers.
Thanks.
Obviously, it's a great question. I don't know the answers. I haven't found the details either. It's the problem with this being new tech, a lack of details. It's also why this company is under $1. The CEO an be found on YouTube interviews. He's a smart guy. There is much work to do.
What’s this worth?
How much do they make off licensing their tech?
BTC mined each month?
From your link, the following paragraph below shows a third of DMGs company, their secret sauce. Most media and investors only see DMG as a mining company. DMG will never be the largest miner. While they will be mining their own bitcoin, they also focus on forensics, as in security. Last week's hack of Poly-network showed that hacking is far from over. Left unchecked it will destroy the system.