DMG announced the purchase of 2,450 ASIC mining machines from Bitmain

DMG announced the purchase of 2,450 ASIC mining machines from Bitmain


Blockchain and cryptocurrency technology company DMG Blockchain Solutions announced the purchase of 2,450 Bitcoin ASIC mining machines from Bitmain. The installation is expected to be completed by the end of August 2021. At that time, it will increase the Bitcoin mining capacity of DMG by approximately 245 PH/s. However, considering macro factors, including but not limited to transportation logistics and customs processing, the facilities where these mining machines are delivered to DMG may change. Once fully installed and operational, DMG estimates that these mining machines will have a 9-month payback period. DMG currently holds approximately 260 bitcoins. These newly purchased mining machines, once fully operational, are expected to add about 50 bitcoins per month.

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