Mining company DMG produced a total of 23 Bitcoins in May
Bitcoin mining company DMG Blockchain Solutions Inc. announced its operating results for May 2024. The company mined a total of 23 bitcoins in May, with an average monthly hash rate of 0.94 EH/s, and the bitcoin balance reached 449 BTC. DMG plans to activate its Bitmain T21 mining equipment in July 2024, expecting the total hash rate to reach 1.7 EH/s. In addition, DMG granted employees and directors 1,406,090 stock options at an exercise price of $0.61 per share for a period of five years.
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