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    DMG Blockchain Technologies TSX.V:DMGI

    While Vancouver-based DMG Blockchain Technologies (TSX.V;DMGI) started out mining bitcoin in British Columbia, the just listed blockchain startup had greater aspirations. Over the past year DMG has evolved into a full-service blockchain company that offers superb diversification in the form of four revenue streams: bitcoin mining, “mining as a service” (MAAS), forensics & data analysis, and blockchain software management.

    “DMG is a fully diversified bitcoin and blockchain company. We have large industrial bitcoin mining, we have numerous platforms being built using blockchain technologies and smart contracts, and we have a forensics division that ensures that consumers can trust our brand, and that clients can trust our brand.” CEO Dan Reitzik

    DMG Blockchain Technologies has an ambitious goal: to become domain experts in supply chain verticals across many industries, which could include agriculture, pharmaceuticals, energy, precious metals, transportation - you name it. The way they’re going to do it is through a unique business model whose main value proposition is a diversity of revenue streams anchored by a very experienced management team capable of pulling off a multi-layered approach to blockchain.

    I like DMG for its choice of four revenue platforms, and its scalability.

    Rick

    #2
    Bitcoin Chip Battle Brewing Behind Hut 8's Canadian Listing

    https://www.bloomberg.com/news/artic...nadian-listing

    Comment


      #3
      DMG Blockchain Solutions halted at 6:09 a.m. PT

      2018-02-13 06:13 PT - Halt Trading

      DMG Blockchain Solutions Inc. has been halted at 6:09 a.m. PT on Feb. 13, 2018, at the company's request, pending news.

      Comment


        #4
        Risky to jump in on a trade start. Either I'll trade it or let it settle back.

        News coming before it starts to trade. Big raise at .80, 11 million shares free trading.

        rick

        Comment


          #5
          DMG Blockchain Announces Acquisition of Blockseer
          2018-02-13 10:23 PT - News Release

          VANCOUVER, British Columbia , Feb. 13, 2018 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V;DMGI) (“DMG” or the “Company”), is pleased to announce the acquisition of Datient, Inc., doing business as “Blockseer” (the “Transaction”) pursuant to which DMG’s U.S. subsidiary will acquire all of the issued and outstanding securities of Blockseer, and will close upon the TSX Venture Exchange’s approval.

          About Blockseer

          Blockseer is a private company incorporated under the laws of Delaware, U.S.A., with its business headquarters in Silicon Valley, California, USA.

          Blockseer’s mission is to make Blockchain data and applications accessible to everyone by providing valuable analysis of patterns, useful metrics, clear visualizations, and actionable intelligence. Blockchains are a new platform that enable transactions and applications (or smart contracts) in a decentralized setting. Blockseer provides the analytics tools for these transactions and applications on the Blockchain. Blockseer’s current team consists of seven (7) Blockchain developers located in Silicon Valley, California, USA, and is led by its Chief Executive Officer and founder, Danny Yang.

          Terms of Transaction

          Under the terms of the Transaction, DMG, through its U.S. subsidiary (“DMG-US”), will acquire Blockseer for a purchase price comprising C$2,630,769 in cash and up to 7,673,076 common shares of DMG (the “Transaction Shares”) with a maximum transaction value of C$16,000,000. The number of Transaction Shares to be issued will be based on the 15-day volume weighted average trading price of DMG’s shares on the TSX Venture Exchange following the closing of the Transaction.

          The Transaction Shares issued to the former Blockseer securities holders will be subject to vesting with such shares vesting ratably on a calendar quarterly basis over a two-year period following the Closing (the “Trading Restrictions”).

          Following the Transaction DMG-US will own 100% of Blockseer, with DMG-US shares being owned approximately 61% by DMG and approximately 39% by the selling securityholders of Blockseer.

          Upon completion of the Trading Restrictions each individual holder of the DMG-US shall have the option to exchange of such shares at the election of the holder 1-for-1 for DMG common shares which will be fully tradable subject to the regulations of the TSX Venture Exchange., Additionally, in the event that upon completion of the Trading Restrictions the per share price of DMG’s common shares is greater than C$0.40 (as adjusted for stock splits and consolidations), then DMG, at its sole election, shall have the option to exchange all of the shares of DMG-US held by the former security holders of Blockseer 1-for-1 for common shares of DMG, which will be fully tradable shares in accordance with the policies of the TSX Venture Exchange.

          In connection with the Transaction, Danny Yang has been appointed as the Chief Technology Officer of DMG and Sheldon Bennett has been appointed as the Chief Operating Officer and will also remain as a director of DMG. Additionally, all of the Blockseer developers, including Mr. Yang, have agreed to enter into new employment agreements.

          Appointment of Lou Kerner to the Advisory Board

          The Company is also pleased to announce the appointment of Lou Kerner to the Company’s advisory board. Lou Kerner is a Founding Partner of CryptoOracle, a Crypto VC and Advisory firm focused exclusively on investing and advising entities leveraging, blockchain, cryptocurrency, smart contracts and decentralization. Lou Kerner had a distinguished career as an equity analyst following media and tech companies for Goldman Sachs and Merrill Lynch.

          About DMG

          DMG Blockchain Solutions Inc. is a full service diversified blockchain and cryptocurrency company that manages, operates and develops end-to-end solutions to monetize the blockchain ecosystem. DMG intends to be the global leader in bitcoin mining hosting, Mining as a Service (MaaS), bitcoin mining, forensics and diversified blockchain platform development.

          On behalf of the Board of Directors,

          Daniel Reitzik, CEO & Director

          For further information please contact:

          DMG Blockchain Solutions Inc.
          Investor Relations: John Martin
          Toll Free: 1-888-702-0258
          Email: investors@dmgblockchain.com
          Web: www.dmgblockchain.com
          Direct: 778-868-6470

          Comment


            #6
            I like DMG for its choice of four revenue platforms, and its scalability.

            DMG Blockchain Technologies (TSX.V;DMGI) Is Taking Blockchain Mainstream

            Comment


              #7

              DMG Blockchain Receives Second Order in Excess of $3 million from Major Japanese Customer
              2018-02-15 05:45 PT - News Release



              VANCOUVER, British Columbia, Feb. 15, 2018 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V;DMGI) (“DMG” or the “Company”), is pleased to announced that it has secured a new customer for its bitcoin hosting business, known as “Mining-as-a-Service” (“MaaS”).


              DMG received an order in excess of C$3 million from Forside Financial Services Inc. (“Forside”), a company headquartered in Tokyo, Japan for the hardware purchase and set-up, with monthly recurring hosting revenues to begin upon completion.

              Forside is a diversified technology company listed on the JASDAQ Standard of the Tokyo Stock Exchange (Tokyo:2330).

              Mr. Izumi, the Chairman of Forside commented “We are excited and thankful to have DMG provide MaaS for our company and look forward to completing more business in the future with DMG. We conducted due diligence and spoke to many other companies and decided to do business with DMG due to its knowledge and expertise in this sector.”

              “DMG’s access to the Japanese market continues to grow and we look forward to doing more business with Forside,” said Chris Filiatrault, Co-Founder and Chairman of DMG.

              Daniel Reitzik, Chief Executive Officer and Co-Founder of DMG commented “We are delighted to onboard our second major hosting client from Japan, which represents a significant market opportunity for us and further validation of our MaaS model.”

              MaaS adopts a unique model by democratizing the ability for customers to become a cryptocurrency miner anywhere in the world in a cost-effective manner. DMG’s MaaS offering provides turn-key operations for clients by charging a set-up and monthly hosting fee.

              In addition, DMG expects a previous order of an additional 1,000 S-9 bitcoin mining servers to arrive at one of its facilities in March, 2018.

              DMG’s facilities and power access will be for its MaaS clients, and for DMG’s own use. This hybrid model allows DMG to scale at a faster pace and without as much capital, while at the same time enabling DMG to benefit from the appreciating value of bitcoin. This hybrid model balances out the capital requirements in the traditional mining model with the benefits of the value of bitcoin minted.

              About DMG

              DMG Blockchain Solutions Inc. is a full service diversified blockchain and cryptocurrency company that manages, operates and develops end-to-end solutions to monetize the blockchain ecosystem. DMG intends to be the global leader in bitcoin mining hosting, Mining as a Service (MaaS), bitcoin mining, forensics and diversified blockchain platform development.

              On behalf of the Board of Directors,

              Daniel Reitzik, CEO & Director

              For further information please contact:

              DMG Blockchain Solutions Inc.
              Investor Relations: John Martin
              Toll Free: 1-888-702-0258
              Email: investors@dmgblockchain.com
              Web: www.dmgblockchain.com
              Direct: 778-868-6470

              Comment


                #8
                Forwise is an 8B$ mcap company on the JASDAQ. Impressive stuff.

                Rick

                Comment


                  #9
                  DMG BLOCKCHAIN ANNOUNCES FORMATION OF REGULATORY ADVISORY BOARD

                  DMG Blockchain Solutions Inc. has appointed Varun Gupta, Lou Kerner and Samuel Osei to the advisory board of DMG. Each adviser brings a unique set of skills and knowledge to assist DMG in its diversified business model.

                  Varun Gupta {A –} Head Legal Advisor

                  Mr. Gupta is a leading lawyer in the blockchain and cryptocurrency industry, having been the founding Chief Legal Officer of BitFury. He has over 20 years of corporate and regulatory legal experience and has been a Partner at major international law firms such as Latham & Watkins, Akin Gump, and Allen & Overy. In private practice, Mr. Gupta worked on numerous high-value, cross-border M&A and IPO transactions. Mr. Gupta graduated from Georgetown Law School, and after a prestigious federal clerkship, he began his legal career at a top Wall Street law firm. He resides in San Francisco.

                  Lou Kerner {A –} Cryptocurrency Advisor

                  Lou Kerner is a Founding Partner of CryptoOracle, a Crypto VC and Advisory firm focused exclusively on investing and advising entities leveraging, blockchain, cryptocurrency, smart contracts and decentralization. CryptoOracle co-hosts BlockFin, the largest Crypto Focused FinTech Conference in the world. Mr. Kerner has been a Crypto enthusiast, investor, public speaker and thought leader since 2013, when the Wall Street Journal called Lou "Wall Street's Bitcoin Expert". Mr. Kerner is ranked among the most influential Crypto bloggers on Medium, regularly keynotes major Crypto industry events, and often appears on TV and in print speaking about Crypto. Mr. Kerner had a distinguished career as an equity analyst following media and technology companies for Goldman Sachs and Merrill Lynch. He has a B.A. from U.C.L.A. and an MBA from The Stanford Graduate School of Business.

                  Samuel Osei {A –} Legal Advisor

                  Samuel Osei is a certified bitcoin professional and lawyer specializing in commercial and blockchain/cryptocurrency law. Samuel is the principal of Samuel Osei Law Corporation, a Vancouver law firm at the forefront of crypto-legal work. Mr. Osei's experience in the crypto-legal field includes advising companies, facilitating large cryptocurrency transactions and engaging in litigation. Mr. Osei's understanding of cryptocurrencies and their associated technologies have made him a highly sought-after professional for companies and individuals, alike, seeking legal guidance in this space.

                  "In an ever-evolving regulatory environment, it is important for DMG to have highly experienced advisors that provide proper perspective and guidance, as we scale our business. Mr. Gupta is regarded as one of the most knowledgeable and experienced cryptocurrency attorneys having previously worked at Bitfury, a leading Blockchain and Cryptocurrency company. With DMG's diversified approach to cryptocurrency and blockchain, it is crucial for us to have a vast array of advisors to assist us in achieving our goals for our customers and shareholders," commented Daniel Reitzik, CEO and Director of DMG.

                  About DMG

                  DMG Blockchain Solutions Inc. is a full service diversified blockchain and cryptocurrency company that manages, operates and develops end-to-end solutions to monetize the blockchain ecosystem. DMG intends to be the global leader in bitcoin mining hosting, Mining as a Service (MaaS), bitcoin mining, forensics and diversified blockchain platform development.

                  Comment


                    #10
                    DMG Blockchain: Bitcoin Volatility Distracts from a Stellar Investment Opportunity

                    http://www.stockhouse.com/news/newsw...nt-opportunity

                    Comment


                      #11
                      DMG Blockchain Provides Power Update on Flagship Cryptocurrency Mining Facility

                      Facility will be one of the largest in North America

                      Key Highlights
                      • Flagship facility will make it one of the largest crypto mining facilities in North America with expected power capacity of up to 85 megawatts
                      • 40 megawatts of near-term power capacity planned to be online mid-year
                      • Mining facility to accommodate additional Mining-as-a-Service (MaaS) customers as well as DMG’s own mining and address substantial demand from Asia

                      VANCOUVER, British Columbia, Feb. 26, 2018 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V:DMGI) (“DMG” or the “Company”) is pleased to announce that Phase 1 of its state-of-the-art cryptocurrency mining facility is nearly complete and ready to add power as well as infrastructure for more capacity for cryptocurrency miners. DMG’s facility is expected to accommodate a total power capacity of up to 85 megawatts with near-term expectations of 40 megawatts by mid-2018.

                      DMG’s crypto mining facilities and power access will be used for its Mining-as-a-Service (MaaS) clients and for DMG’s own use. This hybrid approach allows DMG to scale at a faster pace than a pure mining model, optimizing the use of its recently raised capital - it balances the capital requirements and high returns of the traditional mining model with the low capital intensity and calculable revenue generation of the MaaS model.

                      “DMG’s team has extensive experience working on industrial scale cryptocurrency mining and blockchain projects. Together with experienced local partners, we have access to the personnel, expertise, equipment, and power to expand our flagship facility to accommodate more miners for our MaaS customers and for ourselves,” said Daniel Reitzik, CEO and Director of DMG.

                      Sheldon Bennett, DMG’s COO added, “We believe this new facility will not only be one of the largest in North America in terms of electrical power capacity, but also it will employ proven technologies to improve the efficiency of mining. The collective support from local government, specialized contractors and British Columbia’s power providers has helped greatly to expedite this large project.”

                      A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/477b81d2-d6ac-4c95-abaa-27ddd6197e9b

                      *This photo is a section of DMG’s flagship facility that is being set up for additional miners.

                      About DMG

                      DMG Blockchain Solutions Inc. is a diversified blockchain and cryptocurrency company that manages, operates and develops end-to-end solutions to monetize the blockchain ecosystem. DMG intends to be the global leader in bitcoin mining hosting - Mining as a Service (MaaS), bitcoin mining, blockchain forensics/analytics, and blockchain platform development.

                      On behalf of the Board of Directors,

                      Daniel Reitzik, CEO & Director

                      For further information, please contact:

                      DMG Blockchain Solutions Inc.
                      Investor Relations: John Martin
                      Toll Free: 1-888-702-0258
                      Email: investors@dmgblockchain.com
                      Web: www.dmgblockchain.com
                      Direct: 778-868-6470

                      Comment


                        #12
                        DMG Blockchain: A Briefing on Mining Operations

                        http://thedeepdive.ca/dmg-blockchain...ng-operations/

                        Comment


                          #13
                          The Smart Way to Invest in Blockchain’s Continued Growth

                          http://wallstreetnation.com/featured...iAAEgKHufD_BwE

                          Comment


                            #14
                            DMG's bitcoin mining operation expanding rapidly

                            http://aheadoftheherd.com/Newsletter...ng-rapidly.pdf
                            Last edited by rick; February 28th, 2018, 05:49 AM.

                            Comment


                              #15
                              DMG BLOCKCHAIN SOLUTIONS AND D-LINK CANADA PARTNER TO ESTABLISHA BEST PRACTICES FOR THE CRYPTOCURRENCY MINING INDUSTRY

                              D-Link and DMG Blockchain Solutions Inc. have formed a partnership to improve the efficiencies of cryptocurrency mining.

                              Together, with a group of field engineers from D-Link and industry experts from DMG, the two parties are working towards optimizing crypto mining networking, including hash rate stability, network security and switching performance, all in an effort to create a more efficient and profitable mining operation through best-practices and smart hardware choices.

                              "Crypto mining and broader blockchain driven applications are a growing trend in Canada and around the world," said Lou Reda, President of D-Link Canada. "We've been fortunate to develop a relationship with DMG, which has given us the opportunity to really get inside this industry and understand the requirements of a large scale blockchain operation. Together, we've been able to meld our knowledge and work towards developing the networking solutions to improve technical operations and therefore increase efficiency within any blockchain application, whether that be for financial, medical or any other industry that uses blockchain distributed ledger as a foundational technology."

                              DMG partnered with D-Link Canada after reviewing other networking vendors and came to its own conclusion that D-Link offered the best performance and value in the market.

                              "The D-Link solution exceeded all of our requirements throughout our testing," said Sheldon Bennett, COO and Director of DMG. "On top of having the right hardware for the job, D-Link went well above the competition in offering the support, technical expertise and willingness to work with us to achieve the goals we were looking for, and that is to build the most efficient large-scale mining operation in North America."

                              About DMG Blockchain Solutions

                              DMG Blockchain Solutions Inc. is a diversified blockchain and cryptocurrency company that manages, operates and develops end-to-end solutions to monetize the blockchain ecosystem. DMG intends to be the global leader in bitcoin mining hosting - Mining as a Service (MaaS), bitcoin mining, blockchain forensics/analytics, and blockchain platform development.

                              Comment

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