Digihost Reports January Bitcoin Mining Figures
Digihost Tech (TSXV: DGHI) this morning issued a brief update, advising shareholders of the total bitcoin production the company announced for the month of January 2021. The company managed to mine a total of 33.7 bitcoins during the 31 day period.
At the time of writing, the value of that bitcoin currently translates to roughly US$1.3 million in value. Overall, the company now holds a total of 183.7 bitcoin, valued at approximately US$6.9 million in total.
The company this morning also announced that it has improved its hashrate over the course of the last month. The company now has a capacity of 184 Petahash as of January 31, an improvement from the 143 Petahash capacity that the company had on December 31.
Digihost Tech last traded at $0.71 on the TSX Venture.
Information for this briefing was found via Sedar and Digihost Technology. 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.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
