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Due to DMG’s research in immersion being validated the Company will focus on implementation of this technology throughout 2022.ĭuring 2021, with the ongoing issues related to Covid-19 and unforeseen disruptions in the global supply chain, DMG decided to take control of many of its manufacturing needs by making a strategic investment in Black Box Manufacturing, a company that specializes in the design and manufacture of electrical and mechanical enclosures for multiple industries including crypto mining. These results enable DMG to use less miners (thus reduce our capital spend) to reach our hashrate goals as well as extend their operating life compared to running fans cooled miners.
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With this new focus DMG added nearly 4,250 S19J Pro miners by the end of 2021, reaching a peak of 420 Ph/s, with monthly additions planned to be received, installed and operating throughout 2022 to reach over 1 exahash (1,000 Ph/s) by the end of 2022.ĭMG’s independent immersion testing results, on a small batch of Bitcoin miners, substantiated the Company’s calculations that retrofitting from air to immersion cooling achieves an 18% decrease in miner power consumption with the same amount of computation hashrate. DMG intends to be the global leader in bitcoin mining hosting – Mining as a Service (MaaS), bitcoin mining, blockchain forensics/analytics, and blockchain platform development.įor more information on D-Link Canada visit: dmgblockchain.Early in the 2021 calendar year DMG changed its focus from majority hosting in its facility to focusing on self mining with a few strategic hosting clients. is a diversified blockchain and cryptocurrency company that manages, operates and develops end-to-end solutions to monetize the blockchain ecosystem. and/or its subsidiaries.ĭMG Blockchain Solutions Inc. Qualcomm Mesh Networking Platform is a product of Qualcomm Technologies, Inc. Qualcomm is a trademark of Qualcomm Incorporated, registered in the United States and other countries. All other third party marks mentioned herein may be trademarks of their respective owners. D-Link has grown from a group of seven friends since its founding in 1986 to more than 2,000 employees and over 170 offices worldwide.įor more information on D-Link Canada visit: dlink.caĭ-Link and D-Link logos are trademarks or registered trademarks of D-Link Corporation or its subsidiaries. An award-winning designer, developer, and manufacturer, D-Link implements and supports unified network solutions that integrate capabilities in broadband, cloud-based network management, IP Surveillance, switching and wireless. “On top of having the right hardware for the job, D-Link went well above the competition in offering the support, technical expertise and willingness to work with us to achieve the goals we were looking for, and that is to build the most efficient large scale mining operation in North America.”ĭ-Link is the global leader in connectivity for small business, mid- to large-sized enterprise environments, and service providers. “The D-Link solution exceeded all of our requirements throughout our testing” said Sheldon Bennett, COO and Director of DMG. Together, we’ve been able to meld our knowledge and work towards developing the networking solutions to improve technical operations and therefore increase efficiency within any blockchain application, whether that be for financial, medical or any other industry that uses blockchain distributed ledger as a foundational technology.”ĭMG partnered with D-Link Canada after reviewing other networking vendors and came to its own conclusion that D-Link offered the best performance and value in the market. “We’ve been fortunate to develop a relationship with DMG, which has given us the opportunity to really get inside this industry and understand the requirements of a large scale blockchain operation.
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“Crypto mining and broader blockchain driven applications are a growing trend in Canada and around the world.” said Lou Reda, President of D-Link Canada. Together, with a group of field engineers from D-Link and industry experts from DMG, the two parties are working towards optimizing crypto mining networking, including hash rate stability, network security and switching performance, all in an effort to create a more efficient and profitable mining operation through best-practices and smart hardware choices. (TSX-V: DMGI) (“DMG” or the “Company”), a diversified blockchain and cryptocurrency company that manages, operates and develops end-to-end digital solutions to monetize the blockchain ecosystem, today announced their partnership to improve the efficiencies of crypto mining. Ma– Mississauga, ON – D-Link a global leader in networking and communications products for SMB and Large Enterprise, and DMG Blockchain Solutions Inc.