Saturday, August 2, 2025

Latest

Digihost Mines 44.07 Bitcoin In August 2021

Digihost Technology Inc. (TSXV: DGHI) announced this morning that the company has produced 44.07 bitcoin in August 2021. This is a slight dip from July 2021’s production of 51.28 bitcoin.

The monthly production brings the quarter-to-date yield to 95.35 bitcoin, with a month to go to close Q3. In Q2 2021, the firm was able to mine 109.97 bitcoin.

“We are proud of the tremendous growth in our mining operations, as we are on track to mine a higher fair market value of Bitcoin in Q3 compared to any previous quarter to-date,” said Digihost CEO Michel Amar.

The bitcoin mined for the month also puts the company’s total holdings to 446.2 bitcoin, valued at roughly US$22.8 million as of writing.

On the other hand, the blockchain firm reported a total of 563.89 ethereum held as of the end of the month, approximately valued at US$2.1 million as of writing.

Furthermore, the company reported US$18.9 million cash on hand and US$41.7 million in total cash and digital assets. Currently mining at 200 PH/s hashrate, the crypto firm relayed its plans to expand to 3.6 EH/s by the end of the first half of 2022.

Digihost Technology last traded at $2.27 on the TSX Venture.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why Gold’s Bull Run May Just Be Getting Started! | Peter Grandich

Tariffs Spark New Race for Critical Metals | Rob McEwen

Antimony Resources: The Bald Hill Project

Recommended

Tsunami Warnings Spread As Largest Quake Since 2011 Hits Russia

Northern Superior Intersects 1.75 g/t Gold Over 65.0 Metres At Philibert

Related News

Sam Bankman-Fried Admits FTX Issued Fake Bitcoin

The failed FTX founder Sam Bankman-Fried’s apology roadshow continues and like how a fish gets...

Friday, December 2, 2022, 03:49:25 AM

Russia Mulls Selling Natural Resource Exports in Bitcoin

In the wake of tough western sanctions, Russia is being forced to find alternative payment...

Friday, March 25, 2022, 02:56:00 PM

Bitcoin Miners’ EV-to-Revenue Valuations Now Rival Those Of Fast Growing Companies

After a dip in January 2021, Bitcoin has jumped around 50% over the last 3...

Monday, February 22, 2021, 02:44:00 PM

Bitcoin Has Plummeted 40% in Two Months, But It Still May Be Too Early to Dive in for a Reflex Rally

Bitcoin continues to fall sharply and is testing the US$40,000 level that proved to be...

Saturday, January 8, 2022, 09:00:00 AM

Is Bitcoin’s Supply Actually Fixed?

Bitcoin is often lauded as the first truly decentralized digital currency, with its capped supply...

Tuesday, December 24, 2024, 10:39:00 AM