Mining firm DMG Blockchain Solutions has established a subsidiary, DMG Infrastructure, for its AI business operations.
BlockBeats News, May 9th, Bitcoin mining company DMG Blockchain established a new subsidiary, DMG Infrastructure, for future Artificial Intelligence/High-Performance Computing (AIHPC) business operations and plans to transition its data centers to the AI/HPC business direction.
DMG Blockchain also disclosed that in April, they mined a total of 21 BTC, lower than the 23 BTC mined in March. As of the end of April, they held 389 BTC, a decrease of 9 BTC from the previous month. The current hash rate is 1.54 EH/s, down from 1.63 EH/s in March.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
British Pound reflects mixed performance at the start of UK data-packed week
Core inflation is 'quite close' to 2%! Bank of Japan Governor adopts a hawkish stance: There is still room for further interest rate hikes.
Bank of Japan Governor Kazuo Ueda stated that the current level of core inflation is "already quite close" to the central bank's 2% inflation target. The strong global demand for artificial intelligence (AI), combined with inflationary pressures from a tight labor market, has left room for future interest rate hikes.

Euro: Range trading bias around recent rebound against US Dollar– UOB
