Canadian company bought 3,600 ASIC miners to boost hashrate to more than 500 PH/s

The Vancouver-based DMG Blockchain Solutions has purchased 3,600 ASIC miners for Bitcoin mining. сообщает CoinDesk.

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The new equipment will increase the company’s aggregate hashrate from 140 PH/s to more than 500 PH/s.

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Initial shipments of the DMG ASIC miners are due to begin in August 2021. The company expects the final batch of the order in August 2022, due to equipment shortages.

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Wholesale pre-orders for the latest Bitcoin mining devices from leading manufacturers were completely sold out as early as November 2020. At that time, supply resumption was projected for spring 2021.

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According to Luxor Tech, the seven-day moving average of Bitcoin network total hashrate at the time of writing stands at 140.67 EH/s.

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Earlier in November 2020, DMG Blockchain Solutions announced the creation of the Blockseer mining pool, aimed at North American clients seeking corporate transparency.

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In March 2021, the company signed a memorandum of understanding with Argo Blockchain to create an eco-friendly pool for Bitcoin mining.

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