Digihost Reports March Production Of 36.54 Bitcoin
Digihost Technology (TSXV: DGHI) this morning provided a brief operational update on their performance over the first quarter. Chief among details provided was the data on total bitcoins mined over the quarter, which totaled 105.26.
The firms total bitcoin balance reportedly sits at 256.26 following continued growth in mining over the quarter, which is valued at roughly US$15.1 million as of the time of writing. The month of March saw a total of 36.54 bitcoin mined, which follows 35.02 that were mined in February and 33.70 that were mined in January.
Mining capacity as of March 31 is currently slated to be at 190PH/s, while the firm is currently seeing costs of approximately US$15,000 per bitcoin mined. Additional mining rigs are expected to be deployed this month to improve that hashrate figure.
Digihost Technology last traded at $2.37 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.
