10:40 AM EST, 11/11/2024 (MT Newswires) -- DMG Blockchain Solutions ( DMGGF ) saw its stock jump 17% to C$0.61 ub early Monday trading following the announcement of the purchase of its first tranche of Bitmain S21 Hydro miners to fill the initial one-megawatt container in its hydro mining setup.

Expected to generate 63 PH/s with an energy efficiency of 16 J/TH, these miners will be deployed at DMG's Christina Lake facility by year-end, according to a statement. The company plans to install additional hydro miners for the remaining five-megawatt capacity in early 2025.

DMG also said it achieved SOC 2 Type II compliance under standards set by the American Institute of Certified Public Accountants, confirming its data security protocols.

Price: 0.61, Change: +0.09, Percent Change: +17.31