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Bitcoin Is Getting a Bad Rep for Promoting Pollution

June 1, 2021 Cryptocurrencies are catching flak from environmentally conscientious investors who are claiming that the digital assets are “dirty currencies.” For example, one private equity company bought a decommissioned coal power plant, converted it to burn natural gas, and used it as a “power plant-cryptocurrency mining hybrid,” the Financial Times reports. Greenidge Generation Holdings stated that it expects to become “the only US publicly listed bitcoin mining operation with i...
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Would you pay 10% more for a 'green Bitcoin'?

Image source: Getty Images Bitcoin(CRYTPO: BTC) has been taking heat for the massive amounts of energy required to mine new tokens and to verify transactions made with existing tokens. While this issue has been around for years, it’s getting worse as Bitcoin’s energy use continues to increase alongside its growing popularity. Tesla Inc‘s (NASDAQ: TSLA) Elon Musk recently brought the token’s huge carbon footprint to the world’s attention. Musk said that Tesla wouldn’t sell its Bitcoi...
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DMG Blockchain Solutions' CEO to Hold Conference Call to Review Second Quarter 2021 Financial Results and Provide Corporate Update on May 27, 2021 at 4:30 PM ET

Share: VANCOUVER, British Columbia, May 21, 2021 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSXV:DMGI) (OTC:DMGGF) (FRANKFURT: 6AX) ("DMG" or the "Company"), the only vertically integrated blockchain and cryptocurrency technology company, is pleased to announce that its CEO, Sheldon Bennett will host a conference call to review second quarter 2021 financial results and provide a corporate update Thursday, May 27, 2021 at 4:30 pm EDT. Participants are asked to pre-register for the call...
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DMG Blockchain Solutions Announces CDN$28.1 Million Private Placement Offering with Institutional Investors

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, April 28, 2021 (GLOBE NEWSWIRE) — DMG Blockchain Solutions Inc. (TSXV: DMGI) (DMGGF: OTCQB) (FSE: 6AX) (“DMG” or the “Company”), a vertically integrated blockchain and cryptocurrency technology company is pleased to announce that it has entered into a securities purchase agreement for a private placement of its common shares (“Common Shares”) and warrants...
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DMG Announces Closing of Cdn$70 Million Private Placement Offering with Institutional Investors

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, March 05, 2021 (GLOBE NEWSWIRE) — DMG Blockchain Solutions Inc. (TSX-V: DMGI) (DMGGF:OTCQB US) (FRANKFURT:6AX) (“DMG” or the “Company”), a vertically integrated blockchain and cryptocurrency technology company, is pleased to announce that it has closed its previously announced sale to U.S. and foreign institutional investors of its common shares (“ Common S...
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