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DMG Blockchain Solutions Purchases 1800 additional ASIC Miners

E-Crypto News' update provides the latest articles on technology and cryptocurrencies. and will Participate in H.C. Wainwright & Co Crypto Mining Panel e-cryptonews.com Continue reading DMG Blockchain Solutions Purchases 1800 additional ASIC Miners at E-Crypto News.

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Canada’s DMG Blockchain Acquires 3,600 Bitcoin Mining ASICs

Vancouver-based DMG Blockchain Solutions announced its acquisition of 3,600 bitcoin ASICs, bringing its hash rate capacity to some 500 PH/s. Per a press release, Canada-based DMG Blockchain Solutions Inc. has announced the purchase of 3,600 bitcoin ASIC miners which will help to increase the company’s total bitcoin mining hash rate capacity to over 500 peta hashes per second. According to the announcement, the new purchase of the miners is in line with the company’s ongoing goal of increasing its bitcoin mining capacity. “DMG is regularly evaluating and negotiating with leading Bitcoin mining equipment manufacturers for further purchase orders in accordance…

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Argo & DMG to Presentation a Clean Energy Attentive BTC Mining Pool

The blockchain & crypto firm DMG Blockchain Solutions has exposed a partnership with the crypto asset mining business Argo Blockchain. The 2 firms have definite to presentation a BTC mining pool that is absorbed on leveraging clean energy resources. Argo Blockchain Plc & DMG Blockchain Solutions   have lately arrived into a Memorandum of Sympathetic to found Terra Pool. The novel BTC mining pool goals to use clean energy resources & will syndicate both DMG’s & Argo’s hashrate that usages hydroelectric-power. In fresh months, BTC mining & all proof-of-work mining, in over-all, has been disapproved for how energy concentrated these networks…

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DMG and Argo to Launch a Clean Energy-Focused Bitcoin Mining Pool

The blockchain and crypto firm DMG Blockchain Solutions has revealed a partnership with the crypto asset mining business Argo Blockchain. The two firms have decided to launch a bitcoin mining pool that’s focused on leveraging clean energy resources. DMG Blockchain Solutions (TSX-V: DMGI) and Argo Blockchain Plc (LSE: ARB) have recently entered into a Memorandum of Understanding to establish Terra Pool. The new bitcoin mining pool aims to utilize clean energy resources and will combine both DMG’s and Argo’s hashrate that uses hydroelectric-power. In recent months, bitcoin (BTC) mining and all proof-of-work (PoW) mining, in general, has been criticized for…

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Nasdaq-Listed Firm Marathon Buys 10,500 Next-Gen Bitcoin Miners for $23M

One of the earliest Nasdaq-listed cryptocurrency mining companies, Marathon Patent Group, announced a new agreement contract with the ASIC mining manufacturer Bitmain. According to the public company, Marathon has agreed to purchase 10,500 next-generation Antminer S-19 Pro models for $23 million. Marathon Patent Group wants to be the largest bitcoin mine in the United States and its recent acquisition of thousands of next-generation mining rigs may help fortify that goal. On Friday, Marathon announced a long term agreement with Bitmain Technologies as it has agreed to purchase 10,500 new S-19 Antminers from the company. The latest S-19 Pro series claims…

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OKEx Added CELO And DMG Tokens, Tries To Expand DeFi Portfolio

OKEx added CELO and DMG tokens as a part of the crypto exchange which marks another step closer to the expansion of the DeFi portfolio as we are reading more in the latest altcoin news today. OKEx is another step closer following the listing of the new tokens belonging to emerging DeFi projects and the two new cryptocurrencies DMG and CELO were listed on July 16th with spot trading against USDT and BTC going live on July 17th. CELO is the utility asset of Celo which is a mobile blockchain solution that makes financial tools accessible for everyone. Celo offers…

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