Thursday, May 29, 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.

Leave a Reply

Video Articles

How To Profit From $3300 Gold? An Inside Look At A Massive 300,000 Oz Project | Martino De Ciccio

We’re At The Start of a Great Silver Boom | Ross McElroy & Andy Bowering – Apollo Silver Corp

Equinox Gold Q1 Earnings: When Everything Goes Wrong

Recommended

Sterling Metals Hits 0.21% Copper Over 482.8 Metres In First Drilling At Soo Copper project

First Majestic Makes Second Major Discovery At Santa Elena In Just A Year

Related News

Central Banks Ramp up Fight Against Cryptocurrencies in Effort to Control Global Monetary System

Central banks around the world have begun to take action against cryptocurrencies, after a recent...

Thursday, June 24, 2021, 02:43:00 PM

Digihost To Conduct $25.0 Million Financing

There appears to be a very strong demand for digital currency miners among institutions. Last...

Friday, March 12, 2021, 07:27:53 AM

Mt. Gox Offloading 137,000 Bitcoin To The Market Is Fake, But Its Effect On Price Was Real

Amid the rumors of Mt. Gox planning to dump the payout to its creditors in...

Tuesday, August 30, 2022, 12:40:00 PM

Hive Blockchain Expands Mining Capacity Again To 1.76 EH/s

Hive Blockchain (TSXV: HIVE) evidently wasn’t satisfied with the announced purchase of 6,000 additional crypto...

Wednesday, February 24, 2021, 07:44:06 AM

Marathon Digital Mines 3,197 Bitcoin In 2021, Projects 23.3 EH/s Hashrate By 2023

Marathon Digital Holdings (Nasdaq: MARA) announced on Monday its production updates, highlighting production of 3,197...

Tuesday, January 4, 2022, 11:42:00 AM