DMG Provides Positive Business Outlook, Raises Self-Mining Compute Power Target - Seite 2

Other Business Divisions
DMG continues to develop and license its proprietary software products including Mine Manager, Blockseer, and Walletscore, and is currently working to merge Blockseer and Walletscore into a single platform. In the near future, DMG will provide more comprehensive details on these software products.

‘Wazabi’ is still in the early stages of development and has not yet been commercialized. Soon DMG will also provide more comprehensive details on Wazabi’s progress and outlook.

Competitive Advantage
DMG owns its own 84MW substation and currently has in place infrastructure to support 45MW of mining. DMG’s mining team is one of the most experienced globally, and its Mine Manager software ensures tremendous data centre uptime and efficient service and maintenance processes.

DMG expects to employ various methods in order to expand its self-mining and hosted mining capacity. These may include outright purchasing of mining hardware, financing, or strategic partnerships with various OEM manufacturers and investors.

Conference Call
Daniel Reitzik, the Company‘s CEO, states: “We look forward to providing our shareholders, partners, and other stakeholders with an update on the Company’s current and future efforts. Please join us tomorrow at 9:00 a.m. PST by logging on to: https://us02web.zoom.us/s/81091822055?pwd=N2Y1MWJ0SmwzZ0NkK091cy91TnNw ...
            -Password: 851780”

DMG intends to share its new presentation and to explain and discuss its recently announced new mining overview. (To access PDF versions of both documents, please go to www.dmgblockchain.com/investors). The Company will host a presentation on Wednesday, May 20, 2020, at 9:00 a.m. PST, and DMG’s CEO Dan Reitzik, COO Sheldon Bennett, and CTO Adrian Glover will provide a more detailed business update during that call.

To join the event, please use the above-mentioned Zoom link (and please call in approximately 10 minutes in advance to participate in the live call). Alternatively, you will have the opportunity to listen to the conference call afterwards by accessing an archived version of the call on the Company‘s website (to submit questions before the call to management, please email John Martin at [e-mail]).

About DMG Blockchain Solutions Inc.

DMG is a diversified cryptocurrency and blockchain platform company that is focused on the two primary opportunities in the sector – mining public blockchains and applying permissioned blockchain technology. DMG focuses on mining bitcoin, providing hosting services for industrial mining clients, earning revenues from block rewards and transaction fees, developing data analytics and forensic software products, working with auditors, law firms, and law enforcement to provide technical expertise. DMG’s permissioned blockchain technology is focused on developing enterprise software for the supply chain management of controlled products. DMG’s strategy is to become the domain experts across the business verticals it focuses on. DMG’s management team includes seasoned crypto experts, forensic & financial professionals and blockchain developers with deep relationships throughout the industry, with previous experience working at Bitfury, PwC, EY, Cisco and UBS.