DMG Releases Mine Manager Enterprise Software

VANCOUVER, British Columbia, Aug. 18, 2020 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (DMGGF:OTC US) (FRANKFURT:6AX) (“DMG” or the “Company”), a diversified blockchain and technology company, is pleased to announce it is ready for the commercial release of its proprietary Mine Manager Enterprise Software (the “Mine Manager”).

Mine Manager Highlights:

• Remotely reboots, reconfigures, shuts down and diagnoses equipment
• Monitors and reports hash rates, temperatures, errors and diagnostics
• Compatible with most ASICs and GPUs with the ability to adapt and integrate new ASIC and GPU mining algorithms as developed
• Scalable Architecture is proven capable of simultaneously managing tens of thousands of crypto miners
• Works both inside industrial mining facilities, as well as in remote “containerized mining”
• Auditable archive of all changes and interventions, as well as detailed statistics of all mining assets.
• Fully integrated with DMG’s forthcoming Bitcoin mining pool

DMG continues to develop into a leading integrated crypto mining and software company. Profitable mining is dependent on multiple factors including data centre uptime, rapid repair response, chip efficiency, and power consumption. DMG’s Mine Manager provides clients with automated management of crypto mining data centres, as well as remote container deployments commonly seen in the oil and gas industry across North America.

DMG’s Mine Manager is currently managing thousands of ASIC miners at the Company’s flagship facility in British Columbia, as well as being utilized by third party mining operations under trial licenses. As crypto miners continue to upgrade and expand their mining fleet, DMG’s Mine Manager automatically configures new miners to operate efficiently and automatically as soon as deployed. Any repair or maintenance requirements are instantly sent to on-site technicians, thereby improving efficiencies and uptime.

Adrian Glover, DMG’s CTO commented, “Over the last 18 months DMG has developed Mine Manager to run our own operations and now we are excited to license the product to third party industrial mining operations. Mine Manager enables large scale mining operations to automate much of the maintenance of their mining hardware, creating efficiencies of scale and a reduction in staffing requirements. Mine Manager, together with DMG’s new Blockseer Bitcoin mining pool and Walletscore (DMG’s real-time Bitcoin AML compliance tool), create an integrated software solution unparalleled in the crypto mining industry. We are excited to share more information on this suite of mining software products in the coming weeks and securing additional customers.”