The new deal will see DMG host an approximately 7 megawatts worth of Bitcoin mining capacity for its new client.

Apparent information also suggests that the contract run for three months, with automatic renewals available after each period.

We have been cautious to preserve capital in our first year as a public company by focusing on our MaaS hosting model.

The idea is to allow Bitcoin miners to make a decent profit that is only possible with the advanced experience and output by DMGs team of seasoned Bitcoin miners.

For DMG, the goal is to achieve a steady flow of profits and revenue independent of the price volatility of Bitcoin.

The contract expansion would include an extra 1,850 miners, making it worth approximately 2.5 megawatts.

The company also expects older-model Bitcoin miners (1,650 units) from previous MaaS contracts to turn on their operations that were terminated for 90 days.

The companys stocks mirror the increasing positivity, with shares trading at 17 cents after a 6 value increase.

Hopefully, the Bitcoin market could pick up and further propel DMG Blockchain solutions to more clients.

The crypto firm features an 85-megawatt mining facility, state-of-the-art ASIC miners, BTCLTC hosting, hardware pricing, and competitive hosting options.

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Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses.

The self-custodial Ethereum layer two solution, Loopring, will be supported.

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Note: nothing here is financial advice, do your own research thoroughly.

On the upside, if the bulls break above the EMAs the cryptos price will rise to retest the 440 overhead resistance level.

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