Digihost Announces a 35% Month-Over-Month Increase in Bitcoin Production and Provides May 2023 Operational Update
HOUSTON, June 01, 2023 (GLOBE NEWSWIRE) -- Digihost Technology Inc. (“Digihost” or the “Company”) (Nasdaq: DGHI; TSXV: DGHI), an innovative U.S. based blockchain technology and computer infrastructure company, is pleased to provide unaudited comparative Bitcoin (“BTC”) production results for the month ended May 31, 2023, combined with an operations update. All monetary references are expressed in USD unless otherwise indicated.
Monthly Production Highlights for May 2023
As a result of the Company’s recent site acquisition in Q1 2023, Digihost’s consolidated operating capacity across its three sites has increased to approximately 100MW, representing approximately 2 EH of computing power.
The Company projects that total capacity will be fully deployed by the end Q3 2023. The plant will continue flexible operations to ensure that 24/7 dispatchable electrical supply is made available to upstate New York area residents, businesses and industry to itigate impacts of power interruptions.
Digihost is a growth-oriented technology company focused on the blockchain industry. The Company operates from three sites in the U.S. and, in addition to managing its own operations, provides hosting arrangements at its facilities.
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