DMG Welcomes Today’s Bitcoin Reward Halving Event, Presents New Mining Overview, Hosts Investor Presentation Call, Expands Business Development Activities, and Prepares for New Major Projects - Seite 3

Expansion of Business Development

A year and a half ago DMG’s substation was commissioned and its flagship data centre opened. Now with a track record of industry high operating uptime and time for the team to troubleshoot bringing such a large facility on-line, DMG is focusing on expanding its mining and developing more business with third parties. DMG’s core business will continue to be its crypto mining efforts as well as Mining as a Service; however, DMG is also, as announced earlier this year, moving to immersion cooling which is attracting new clients (who are not necessarily focused on crypto assets) as well as additional clients who are early adopters in large scale immersion. Along with immersion, DMG is planning a commercial release of its crypto mining software, which is already under license for a select number of companies testing the software. So far the reviews have been positive and with client input, DMG is adding features before its planned commercial release later this year.

Over the last half year DMG has also been consulting to other mining companies on its technology, supply chain and design for crypto facilities. This service is growing and DMG plans to increase this consulting service to include the sale of proprietary equipment that it designs and uses for operations. The Company is already in negotiations with multiple parties on its container solutions for remote areas but is also adding to its sales racking, power channels and cooling systems.

To support this expansive growth strategy, DMG entered into a business development agreement with Onyx Capital from Europe, which will be responsible to advise DMG’s management in its global growth initiative and business development efforts.

DMG’s CEO Dan Reitzik added: “We are very excited to ramp-up our international business expansion and continue our constant growth, and we are extremely confident that DMG is very well positioned for the post-halving time ahead of us. DMG made a wise decision to have a blended model of self-mining and hosting for third party clients. This focus on attracting large scale hosting clients and expanding and upgrading our self-mining fleet is because successful crypto-mining is a function of creating cost efficiencies, and our mining facility is very well suited for both our self-mining and for large industrial miners. We welcome Onyx as our business development partners and new shareholders.”