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DMG Blockchain Solutions Announces Operational Update, Participation at Planet MicroCap in Las Vegas

DMG Blockchain Solutions Announces Operational Update, Participation at Planet MicroCap in Las Vegas

DMG Blockchain Solutions Announces Operational Update, Participation at Planet MicroCap on April 30 - May 2 in Las Vegas

April 29, 2024

DMG Operational Update

We are pleased to share exciting developments at DMG Blockchain Solutions as we continue to expand and optimize our operations. Here's a look at our recent progress and what lies ahead:Miner Deployment Plan: We've started installing 4,550 Bitmain T21 miners, aiming for a total output of 0.86 EH/s with an efficiency of 19 J/TH, to be fully operational this quarter. Legacy Fleet Efficiency Improvement: Upgrades to our legacy fleet have improved efficiency to approximately 26 J/TH, pushing our overall fleet efficiency to about 23 J/TH with a projected output of 1.7 EH/s. We're on track to boost the fleet's total hash rate to around 2EH/s.

DMG Management at Planet MicroCap, April 30-May 2, Las Vegas

DMG management will participate in the upcoming Planet MicroCap Showcase, scheduled for April 30 to May 2, 2024 in Las Vegas. The event will feature a presentation by DMG on May 1 at 8:30 am PT, providing insights into the company’s latest achievements and future plans. The event will be webcast with viewing via advance registration.CEO Sheldon Bennett and COO Steven Eliscu will also be available for one-on-one meetings on May 2, offering a unique opportunity for investors and industry peers to engage directly with DMG’s leadership.