1 of 2 Great to welcome CEO Sheldon Bennett and COO Steven Eliscu, of @dmgblockchain onto the podcast to discuss their signed LOI to deliver 50 MW of Compute power, in phases, at their Christina Lake facility in British Columbia, with Phase 1 expected to be delivered by December 31, 2026.
➡️ https://t.co/wCsjwLTngA
.@dmgblockchain just announced a 50MW AI colocation LOI for it's Christina Lake btc mining site.
"Going from Tier nothing to Tier 3 is a lot to do" says CEO Sheldon Bennett
The first phase of the transition is soon -- by end of 2026.
🚀 DMG Blockchain Solutions Inc. (TSX.V: DMGI | OTCQX: DMGGF | FSE: 6AX) is accelerating into the AI era.
✅ 50 MW AI Data Center LOI signed in Christina Lake, BC
⚡ Powered by clean, renewable hydro energy
🖥️ Built for next-generation AI workloads
From bitcoin mining → to AI infrastructure.
The demand for AI compute continues to grow — and DMG is building scalable infrastructure to meet it.
See the LOI here: https://t.co/3MDL71tW4t
#AI #DataCenter #CleanEnergy #DMGBlockchain $DMGI
Last week was busy for DMG as management attended three conferences.
Our thanks to Roth and Darren Aftahi for setting up an investor 'Fireside Chat' with our CEO and COO.
It was good to meet with the Honourable Stephen Fuhr: Secretary of State (Defence Procurement), leading the newly established Defence Investment Agency (DIA) at DEFSEC again in Calgary, Alberta.
As well, DMG participated in SECDEV Foundation's "Reimagining Security and Development in the Digital Age" in Ottawa, Ontario.
Our second set of SCIF rated PDC (prefabricated data center) has successfully crossed into Canadian and are now at our Christina Like site. Big thanks to the local team that again put in an extra long day unloading more of these monsters!
The first set (1 megawatt) of DMG’s SCIF rated PDC (prefabricated data center) has successfully crossed the Canadian boarder and are now at our Christina Like site. We are working on shipping the second sent as well. Big thanks to the local team that put in an extra long day unloading these monsters!
@DMG_Investors Two units were already purchased and are in transit to Christina Lake for the end of March as discussed on the Management Call. The option to purchase the remainder is still open to DMG.
DMG Blockchain reports $11.2M revenue in Q1 2026 with a 10% hash rate increase to 1.76 EH/s. CEO highlights AI data center strategy & growth focus. Join our Feb 26 earnings call for more insights:... https://t.co/9M2uJrymIA
@DMG_Investors It is still in the pipeline, Canadian Utilities are under a lot of pressure when it comes to allocating more power to bitcoin miners - we believe this one will be completed and we can announce it
DMG welcomes its long time friends Luxxfolio Holdings Inc. to our Christina Lake facility as we host their L9 script miners as part of their expanded strategy to increase their Litecoin holdings.
We look forward to participating in their continued Digital Asset Treasury growth via a variety of DMG services going forward!
https://t.co/4LGVp0GYZf
I is very small and DMG did not press release ourselves something like this as a stand alone press release. We may add a few sentences in a future press release. DMG has know Luxx and Altus Capital for a very long time and are happy to assist them when and where we can with their strategy. Also, please remember at the onset of DMG going public in 2018 Charlie Lee was an advisor to DMG.
DMG Blockchain Solutions Announces Receipt of $1.5 Million Energy Efficiency Incentive, January Preliminary Operational Results https://t.co/gnGR4rEFWM
@pouliot57164 Obviously it is a little bit more revenue as it is new hosting, but not really material. If Luxx adds in more miners than that number should grow with some extra profit for DMG. Additionally we will be putting Luxx in contact with STC about their digital assets.
@bitcoingod20889 This is minimal revenue now for DMG as it is only 20 machines to start with. For comparison, DMG has over 10,000 miners running. However they are looking to scale up with more miners once they get a better understanding of mining.