I came across this Vancouver BC based company when the CEO was interview on "Ivan on Tech". They have are doing a few different interesting things. First, they are selling crypto mining equipment to investors then providing warehouse space next to a power plant deep within British Columbia. Second, they have acquired a blockchain forensic company
based in Palo Alto CA to build a crypto auditing service division. Third, they are looking to provide inventory management solutions to cannabis producers under the new legal framework to be enacted July 1st 2018 in Canada.
I see a lot of potential in the mining and forensic offerings. I see less value in the blockchain inventory management because it is being chased by many companies. I'm positive on the company in general since the mining and forensic arms are up and running. The future looks bright if they can expand the offerings and scale up both services.
The other nice thing is that investment can be done through the traditional financial infrastructure. They are listed on the TSX Venture exchange under DMGI.
About DMG(from their website):
DMG is a diversified cryptocurrency and blockchain platform company that is focused on the two primary opportunities in the sector – mining public blockchains and applying permissioned blockchain technology to address the fraud and friction that plagues the movement of value through supply chains. DMG’s strategy is to become the domain experts in verticals across many industries – agriculture, pharmaceuticals, energy, precious metals, transportation, financial services and manufacturing.
DMG’s management team includes seasoned bitcoin mining experts, forensic & financial professionals, blockchain developers, with deep relationships throughout North America and Japan, with previous experience working at Bitfury, PwC, EY, Cisco and UBS
Links:
Blockchain Expanding into Major Growth Industries: Ivan and Dan - Exclusive Interview
https://www.dmgblockchain.com/
https://ca.finance.yahoo.com/quote/DMGI.V?p=DMGI.V
https://www.bloomberg.com/profiles/companies/DMGI:CN-dmg-blockchain-solutions-inc
How much per mining? 3k? lmao
I did inquire via their website but haven't got a response yet. I assume they are selling to miners buying a large number of rigs first. You must also have to pay some sort of fee for the facility/electricity as well. The CEO mentioned that they require a 12 month commitment after purchase but after that year you are free to have the rig(s) shipped out to you.
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