Crypto Miner DMG Blockchain Purchases 1,800 Next-Generation Bitmain Miners

The machines, to be delivered starting next July, will generate an additional 252 PH/s.

Nov 30, 2021 at 11:41 a.m. UTC
Updated Nov 30, 2021 at 3:35 p.m. UTC

Canadian mining firm DMG Blockchain Solutions has purchased 1,800 Bitmain Antminer S19 XPs, the next-generation mining machine from Bitmain.

  • The machines, to be delivered starting next July, will generate an additional 252 PH/s. DMG announced Tuesday.
  • The new machines will bring DMG’s total to just over 1 Eh/s, including its existing Bitmain S19 orders.
  • The Vancouver-based company, which trades on the Toronto Venture Stock Exchange (TSX-V), will also grant nearly 3 million stock options to its directors and employees, exercisable for a period of three years at $1.20 per share.

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Jamie Crawley is a CoinDesk news reporter based in London.