Canada’s DMG Blockchain Installs 1,000 New Bitcoin Mining Rigs for US Client
Ana Alexandre's original article for cointelegraph.com reduced by 78%
Canadian tech company DMG Blockchain Solutions has installed 1,000 new Bitcoin mining machines at its Christina Lake mining-as-a-service facility in British Columbia. Per a Jan. 6 press release, DMG has purchased the new miners from Chinese mining giant Bitmain, with the total power consumption of approximately 1.5 megawatts.
DMG operates as an industrial scale crypto mine hosting company, allowing clients to mine crypto through equipment stationed at its facilities in Northwest Canada. DMG's COO Sheldon Bennett said that "DMG made a decision to focus on attracting large scale hosting clients as profitable crypto-mining is a function of creating cost efficiencies, and our mining facility is well suited for industrial miners." Last October, DMG and Bitmain entered an exploratory agreement, under which DMG has been managing Bitmain's Texas-based facility and set up nearly 15,000 next-generation miners. In November 2018, DMG energized its new crypto mining facility, stating that the facility would start at 60 megawatts, and can expand its capacity up to 85 megawatts.
On Jan. 8, digital currency mining firm Riot Blockchain began deploying around 3,000 new units of S17 Pro Antminers purchased from Bitmain as part of the full upgrade of its Oklahoma City mining facility.
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