DMG Announces Change of Auditor and Provides July Preliminary Mining Results
Change of AuditorDMG announces the change of its auditor from Manning Elliott LLP to Kingston Ross Pasnak LLP (“KRP”). The Company will be working closely with KRP in order to file its annual financial statements, management’s discussion and analysis and related officer certifications for the financial year ended September 30, 2022.
July Preliminary Mining ResultsIn July 2022, DMG mined 54 bitcoin and added no additional mining capacity. DMG expects to receive additional miners during August 2022 and thus anticipates an increase in its mining capacity once the bitcoin miners are installed and operating.DMG’s bitcoin balance as of July 31, 2022 was 324 BTC.DMG is on-target with respect to its original schedule for received miner deliveries for growing its hashrate to 1 EH/s by the end of 2022, subject to the receipt, installation and operation of the additional miners.
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About DMG
DMG’s mission is to lead the crypto industry monetizing bitcoin transactions that meet the most stringent compliance and ESG requirements.
Blockseer
Blockseer licenses blockchain software products to help enable crypto adoption and growth.
Core & Core+
DMG’s businesses are segmented into two main divisions: Core Crypto Infrastructure and Core + Software & Services.
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