- DMG Blockchain (DMGI) has provided an update on its Core+ strategy involving its Blockseer Pool platform
- As a critical component of DMG’s Core+ services, Blockseer operates crypto-specific services including Explorer, Walletscore, Pool and Mine Manager
- As of today, Blockseer’s Pool platform is operating over 1 Exahash for its client
- DMG expects the pool to generate US$45,000 in fees per week per Exahash
- The Blockseer Pool is currently producing enough blocks to generate 225 Bitcoin per month
- DMG manages, operates and develops end-to-end digital solutions to monetize the blockchain ecosystem
- DMG Blockchain Solutions (DMGI) is up by 16.09 per cent and is currently trading at $1.01 per share
DMG Blockchain (DMGI) has provided an update on its Core+ strategy involving its Blockseer Pool platform.
All DMG software operates under the Blockseer brand, a 100-per-cent owned subsidiary.
As a critical component of DMG’s Core+ services, Blockseer operates crypto-specific services including Explorer, Walletscore, Pool and Mine Manager.
As of today, Blockseer’s Pool platform is operating over 1 Exahash (1,000 Petahash) for its client.
Over a single week of mining at today’s Bitcoin price, the company expects the pool to generate US$45,000 in fees per Exahash.
DMG, licensing its technology, takes a negotiated fee via the overall pool fee for Blockseer’s services and technologies.
The Blockseer Pool is currently producing enough blocks to generate 225 Bitcoin per month.
Sheldon Bennett, DMG’s CEO, commented,
“DMG is very excited for the ongoing growth of the Blockseer platforms. We now have four operating platforms with the coming additions of Breeze and Freeze (Blockseer’s custody wallet solutions), and Petra, which is now patent pending, and focuses on solving regulatory issues for banks and financial institutions as they add Bitcoin operations.
In the coming months, DMG is investing significantly in new revenue-generating products beyond pure crypto mining.”
DMG manages, operates and develops end-to-end digital solutions to monetize the blockchain ecosystem.
DMG Blockchain Solutions (DMGI) is up by 16.09 per cent and is currently trading at $1.01 per share as of 2:32 pm ET.