DMG Provides Core+ Strategy Update on Blockseer Pool Platform Now Running Over 1 Exahash …

As of today, Blockseer’s Pool platform, a licenced technology which includes “Clean Block” mining, is operating over 1 Exahash for its client.

Over a single week of mining with approximately 1 Exahash at today’s bitcoin price, it would be expected that pool fees charged would be approximately USD$45,000 per week per Exahash.

The Blockseer Pool is currently producing blocks at its statistically expected rate which, with its current hashrate, will generate approximately 225 bitcoin per month.

“I am incredibly proud of my team, and their diligent work over the last year to take our Blockseer Pool offering from inception to production.

“DMG is very excited for the ongoing growth of the Blockseer platforms,” commented Sheldon Bennett, DMG’s CEO.

DMG’s data analytics and forensic services provide technical expertise software products such as Blockseer Pool, Mine Manager and Walletscore, as well as working with auditors, law firms, and law enforcement organizations.

Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, market and other conditions, volatility in the trading price of the Common Shares, business, economic and capital market conditions; the ability to manage operating expenses, which may adversely affect the Company’s financial condition; the ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; access to equipment; market conditions and the demand and pricing for products; the demand and pricing of bitcoins; security threats, including a loss/theft of DMG’s bitcoins; DMG’s relationships with its customers, distributors and business partners; the inability to add more power to DMG’s facilities; DMG’s ability to successfully define, design and release new products in a timely manner that meet customers’ needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; and the dependence on key personnel.

Factors that could cause actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, equipment failures, lack of supply of equipment, power and infrastructure, failure to obtain any permits required to operate the business, the impact of technology changes on the industry, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, secure equipment, and hire personnel, competition, security threats including stolen bitcoins from DMG or its customers, consumer sentiment towards DMG’s products, services and blockchain technology generally, failure to develop new and innovative products, litigation, increase in operating costs, increase in equipment and labor costs, decrease in the price of Bitcoin, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, and general economic, market or business conditions.

A blockchain is a system for recording information; as a technology, it is innovative because the information in a blockchain is stored in such a way that makes it difficult or impossible to change, hack, or cheat the system.

From the second-largest currency, ether, to the meme that’s turned people into millionaires, dogecoin, these are some of the most noteworthy and influential currencies to know about today.

Dede said in a research note to investors, “Some conservatism in our assigned multiple exists in reflecting the corresponding deployment risk to which Marathon may be exposed in its Montana location compounded by the overhang created by the necessity for another location to power the miners already ordered—the announcement of Marathon’s next destination should alleviate some uncertainty.” “One of the most important relationships, we think, is the company’s alliance with privately-held Beowulf Energy LLC and that company’s commitment to dedicating 500 MW of power to cryptocurrency mining,” Dede added.

— The surging cost of commodities to industries and households is a threat to China’s economic growth and the purchasing power of its citizenry.As prices soar for everything from the copper and steel used in construction, to the coal that heats homes and powers factories, to the corn that feeds animals, what can Beijing do to control the record-breaking rally?The answer is complicated by several factors, including policies on pollution and imports that have only served to exacerbate supply constraints.

BEIJING -China should implement its commitments to equal treatment for foreign business and abandon “implicit” guidance to replace foreign products with domestic alternatives, the American Chamber of Commerce in China said on Tuesday.

FRANKFURT is the world’s largest supplier of chlor-alkali membrane technologies used to produce hydrogen.

Their short book as a percentage of total equity exposure crept up over the last two months, rising roughly 2 percentage points to 26%, according to prime broker data compiled by Morgan Stanley.Short interest is still far from a peak of about 35% that Morgan Stanley’s fund clients accumulated in 2018 and 2020.

senator on Tuesday asked the chief executives of Toshiba America Electronic Components, Seagate Technology, and Western Digital Corp if the companies are improperly supplying Huawei with foreign-produced hard disk drives.

Last week, he told lawmakers that the cryptocurrency market “could benefit from greater investor protection.”On Tuesday, the SEC said it would “consider whether, in light of the experience of mutual funds investing in the Bitcoin futures market, the Bitcoin futures market could accommodate ETFs.” The agency also said staff would:Scrutinize the Bitcoin futures market to judge whether it “appropriately” supports mutual fund investments in the derivativesLook at funds’ ability to liquidate their derivatives in the cryptocurrencyReview funds’ valuations of holdingsFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

Toshihide Kinoshita, analyst at SMBC Nikko, wrote in a note that Nissan’s “somewhat conservative guidance” was within expectations as the automaker faces uncertainty as it tries to improve profitability, but its break-even guidance was a negative surprise.

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