13:10:12 EDT Fri 19 Aug 2022
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Digihost Technology Inc
Symbol DGHI
Shares Issued 75,088,831
Close 2021-10-12 C$ 1.94
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Digihost receives 1,952 M30 bitcoin miners

2021-10-13 09:58 ET - News Release

Mr. Michel Amar reports


Digihost Technology Inc. has received 1,952 new, technologically advanced, high performance M30 bitcoin miners.

The miners are currently being installed at the company's data centre and are expected to be fully operational within the next two weeks. Once connected, the miners' additional processing capacity will serve to increase Digihost's existing hash rate. Digihost expects additional miners will be received and deployed in the company's data centre by early November as the company continues to execute on its strategy of upgrading older miners to more efficient new-generation miners.

Michel Amar, the company's chief executive officer, stated: "We are pleased to announce receipt of these 1,952 new generation miners, representing another significant operational milestone as part of our ongoing efforts to scale up our mining operations. The company anticipates receiving additional shipments of the same miners in the coming weeks as we maintain focus on our strategy of generating tremendous growth and value for our shareholders."

About Digihost Technology Inc.

Digihost Technology is a growth-oriented blockchain technology company primarily focused on bitcoin mining. The company is currently hashing at a rate of 200 petahashes, with plans to expand to a hash rate of approximately 3.6 exahashes, through a combination of self-mining and hosting arrangements with joint venture partners, by the end of 2022.

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