- Digihost Technology (NASDAQ:DGHI) announced that the Company held cash, BTC and cash deposits of ~$7.1 million as of June 30, 2024, up ~18% over the previous month.
- The miners at the Company’s facilities produced approximately 45 BTC during the month of June.
- The company entered into the new agreement in June in which the Company is integrating 11,000 state-of-the-art S21 miners (200/TH) (the “S21 Miners”) into its facilities, translating to approximately 44MW of shared revenues. The deployment of these next-generation, energy-efficient miners will be completed in phases, with an expected hash rate increase of 1.2 EH/s, to a targeted total of 3.2 EH/s, by the end of Q3 2024.
- The company has continued to monetize a portion of its BTC production to fully fund its energy costs.
- Currently, Digihost’s consolidated operating capacity across its three sites represents approximately 90MW of available power and is mining at hashrate of 2 EH/s.
- DGHI -2.9% premarket to $1.31
- Source: Press Release
2024-07-02