DMG purchases 1,800 Bitmain Antminer S19 XPs and Provides Core Mining Update
DMG announces the purchase of 1,800 Bitmain Antminer S19 XP 140 Th miners, Bitmain’s newest generation.
Each miner uses only 3.01 kilowatts to generate 140 terahashes which will generate an overall additional 252 Ph/s once all of the 1,800 miners are received, installed, and energized. With this order of 1,800 Bitcoin miners, DMG will own just over 1 Eh/s when including its previous Bitmain S19 orders.
Delivery of these 1,800 miners is expected to begin in July 2022, with 300 miners arriving each month for the following 6 months.
DMG also announces that in mid-December 2021, once its November batch of Bitmain miners arrives, the Company will generate over 400 Ph/s hashrate, which, given various market factors, is estimated to produce an average of 2.58 BTC a day.
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About DMG
DMG’s mission is to become the domain expert across the business vertical of the cryptocurrency and blockchain industry.
Blockseer
Blockseer owns various blockchain software products that are committed to driving crypto adoption and growth.
Core & Core+
DMG’s businesses are segmented into two main divisions: Core Infrastructure Operations and Core + Software Operations.
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