InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,303.27
(
0.12%
)
US TECH 100
18,066.00
(
-0.07%
)
Dow Jones
40,003.59
(
0.34%
)
Brent Oil
83.76
(
0.00%
)
Bitcoin
67,049.33
(
-0.05%
)
Post# of 6252
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Alaskadug

Send PM Follow Ignore
Followers 6
Posts 417
Boards Moderated 0
Alias Born 04/25/2017

Alaskadug

Re: 77Port post# 2607

Monday, 01/04/2021 2:57:26 AM

Monday, January 04, 2021 2:57:26 AM

Post# of 6252
As noted you may be very mistaken about this. DMG sold the equipment but they still get the hosting payments all while retooling their systems to liquid cooled...


“In May and June of 2020, the Company completed the installation and energizing of 1,240 MicroBT M30s ASIC miners, bringing an additional 112 PH/s to augment our self-mining operation.

In February 2020, the Company started research and development on Immersion Cooling technology.
In November 2020, pursuant to an agreement, 1,240 MicroBT M30s ASIC miners were sold to a hosting customer of the Company, and the Company now receives fees for hosting these miners at the Christina Lake facility.

Basically HIVE pays DMGI to mine for them.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent HIVE News
More HIVE News
InvestorsHub NewsWire

FEATURED Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • May 17, 2024 11:00 AM

Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM

VPR Brands (VPRB) Reports First Quarter 2024 Financial Results • VPRB • May 17, 2024 8:04 AM

ILUS Provides a First Quarter Filing Update • ILUS • May 16, 2024 11:26 AM

Cannabix Technologies and Omega Laboratories Inc. enter Strategic Partnership to Commercialize Marijuana Breathalyzer Technology • BLO • May 16, 2024 8:13 AM

Avant Technologies to Revolutionize Data Center Management with Proprietary AI Software Platform • AVAI • May 16, 2024 8:00 AM

Start posting your company's news
Only $200 per official company press release!