DMG Blockchain Resumes Mining Agreement with Bitmasters

- May 30th, 2019

DMG Blockchain (TSXV:DMGI), a company with primary operations in mining blockchain and fraud prevention announced that it has entered a new agreement with Bitmasters where 1,100 ASIC miners will be managed as part of the deal. Bitmasters, a network of over 1,500 blockchain members and influencers recently withdrew its civil claim against DMG Blockchain for … Continued

DMG Blockchain (TSXV:DMGI), a company with primary operations in mining blockchain and fraud prevention announced that it has entered a new agreement with Bitmasters where 1,100 ASIC miners will be managed as part of the deal. Bitmasters, a network of over 1,500 blockchain members and influencers recently withdrew its civil claim against DMG Blockchain for claiming it did not perform its duties.

As quoted in the press release:

Dan Reitzik, DMG’s CEO stated, “Cryptocurrency mining is a global industry, and as such misunderstandings can sometimes occur, simply due to language and cultural barriers. DMG performed its duties as required by the original agreement, Bitmasters has acknowledged its outstanding debt to DMG, and we are excited to have our first ever hosting client back as a trusted partner.”

About DMG Blockchain Solutions Inc.

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, with its Blockseer division located in Silicon Valley, intends to be the global leader in industrial scale crypto mine hosting – Mining as a Service (MaaS), crypto mining, blockchain forensics/analytics, and blockchain platform development.

Click here to read the full press release.

Considering investing in blockchain?

 
Read your free 2020 blockchain outlook report!
 

Get the latest Blockchain Investing stock information

Get the latest information about companies associated with Blockchain Investing Delivered directly to your inbox.

Blockchain Investing

Select None
Select All

Leave a Reply