DMG Announces June Operational Results

DMG Blockchain Solutions announces June 2024 preliminary operational results: DMG mined 24 bitcoin with 0.98 EH/s realized hashrate. DMG’s bitcoin balance as of June 29, 2024 was 464 bitcoin.As DMG has reported, the company expects to completely energize its 4,550 new Bitmain T21 miners in July. Despite the summer season, we are seeing only modest declines in hash rate during the warmest periods.

With the experience of last year's heat dome, our mine operations team has added new infrastructure to help protect the mine against severe spikes in heat. Even as the cost of this added infrastructure was minimal, the improvements have been meaningful, resulting in a more constant hashrate over a given 24-hour period. Finally, DMG expect's to make further improvements to its mining fleet to support our near-term hashrate growth goal to 1.7 EH/s and beyond.For more details, check out our latest press release here.

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DMG’s mission is to lead the crypto industry monetizing bitcoin transactions that meet the most stringent compliance and ESG requirements.

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