Digihost Announces Participation in Aspen Climate Conference
TORONTO, May 10, 2022 (GLOBE NEWSWIRE) -- Digihost Technology Inc. (“Digihost” or the “Company”) (Nasdaq: DGHI; TSXV: DGHI), an innovative U.S. based Bitcoin mining company, is pleased to announce that it is a title partner at this year’s annual Aspen Ideas: Climate Conference taking place from May 9th to May 12th in Miami, Florida.
Founded in 1949, the Aspen Institute is a global nonprofit organization that drives change through dialogue, leadership, and action to help solve challenges facing the United States and the world. The Aspen Ideas: Climate Conference is hosting many of the world’s leading thinkers, policy makers, scientists, business and tech leaders, and conservationists whose actions are critical to addressing our collective future around the realities of a changing climate.
As a proponent of clean energy, Digihost’s principles, and the principles of this Conference align directly. The Company’s core beliefs are centered around the leveraging of technology, innovation, and teamwork through collaboration with like minded corporate partners to help reduce Digihost’s carbon footprint.
“We are pleased to join companies such as Amazon.com, Inc., Wells Fargo & Company, and McKinsey & Company as title partners in this year’s Aspen Climate Conference,” said Michel Amar, Chairman and CEO of Digihost. “Sharing ideas and coming together for the common good of climate change is in the best interest of all participants, and we hope to take all the innovative steps gained in this conference to lead in green energy sourcing and assist in impacting environmental change both locally and worldwide.”
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ef0d1373-7fb9-4f41-8b46-67274c70bbb6
Digihost is a growth-oriented blockchain technology company primarily focused on Bitcoin mining. Through its self-mining operations and joint venture agreements, the Company is currently hashing at a rate of approximately 450 PH/s.
All hosting fees and joint venture profit sharing are treated as operating expenses in theCompany’s consolidated financial statements.
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