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Mining company DMG sold a total of 23 bitcoins in May

Bitcoin mining venture DMG Blockchain Solutions Inc. announced the results of its operations for May 2024. The company mined a total of 23 bitcoins in May, with an average monthly hash rate of 0.94 EH/s and a Bitcoin balance of 449 BTC. DMG plans to launch its Bitmain T21 mining rig in July 2024, with an expected total hash rate of 1.7 EH/s. In addition, DMG granted 1,406,090 stock options to employees and directors at a call-over price of $0.61 per share and a call-over period of five years.