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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.

By Jamie Crawley
AccessTimeIconNov 30, 2021 at 11:41 a.m. UTC
Updated May 11, 2023 at 7:05 p.m. UTC
asics, bitcoin mining, miners (Shuttestock)
asics, bitcoin mining, miners (Shuttestock)
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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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    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Jamie Crawley
    Jamie Crawley

    Jamie Crawley is a CoinDesk news reporter based in London.

    Follow @JamieCrawleyCD on Twitter

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