09:01 AM EDT, 04/01/2024 (MT Newswires) -- Digihost Technology Inc. ( DGHI ) , a US-based blockchain technology and computer infrastructure company, on Monday reported cash, Bitcoin (BTC) and cash deposits of near US$6.2 million as of March 31, a 60% increase from US$3.9 million as of Jan. 31.

The company attributed the increase partially due to the execution of a multi-year hosting agreement with one of the world's leading manufacturers of digital currency mining servers.

Digihost ( DGHI ) mined about 91 BTC in March, a 2% decrease from February, as overall BTC difficulty increased 5% month over month due to the continued rise in prices of certain cryptocurrencies.

Despite the increase in mining difficulty, Digihost ( DGHI ) said its ending BTC position increased over the previous month by about US$1.4 million.

In an operations update, Digihost ( DGHI ) said its current consolidated operating capacity across its three sites represents about 90MW of available power and is mining at hashrate of 2 exahashes per second.

The company up 7.5% at last look in US pre-market trading.