Original News Release
DMG mines 23 bitcoin in August
Mr. Sheldon Bennett reports
DMG BLOCKCHAIN SOLUTIONS ANNOUNCES PRELIMINARY AUGUST OPERATIONAL RESULTS
DMG Blockchain Solutions Inc. today released its preliminary operational results for August, 2025:
Bitcoin mined: 23 bitcoin (BTC) (versus 26 BTC in July, 2025);
Hashrate: 1.53 EH/s (versus 1.65 EH/s (exahashes per second) in July, 2025);
Bitcoin balance: 324 BTC (versus 307 BTC in July, 2025).
In August, 2025, DMG's hashrate was 1.53 EH/s, compared with 1.65 EH/s in July. This decline reflects planned substation maintenance in August, resulting in about four days of scheduled downtime, with some partial operation in the evening hours that resulted in a net downtime of slightly more than three days. However, the company's hydro-powered miners, which were fully brought on line at the end of July, delivered steady 0.4 EH/s operation, even at ambient temperatures of 40 degrees Celsius, except during the substation maintenance period, during which the hydro miners were powered down for the entire four-day period.
At the end of August, DMG held 324 BTC. As disclosed in a recent press release, DMG has lowered its debt to provide it a more optimal capital structure with lower debt servicing needs. As such, DMG sold less bitcoin in August than it earned, enabling its bitcoin balance to modestly rise. In addition, DMG is considering the implementation of a more formal treasury policy based on which it would accumulate digital assets for the long term.
Sheldon Bennett, DMG's chief executive officer, commented: "In addition to our bitcoin mining operations, which ran in line with expectations, August was an active time for our focus on our new business initiatives, particularly selling our artificial intelligence (AI) infrastructure to the Canadian defence sector. We have established relationships with the ministers' offices related to defence procurement in Canada and cemented execution partner relationships that will help enable us to rapidly deploy AI infrastructure at scale."
About DMG Blockchain Solutions Inc.
DMG is a publicly traded and vertically integrated blockchain and data centre technology company that manages, operates and develops end-to-end digital solutions to monetize the digital asset and artificial intelligence compute ecosystems. Systemic Trust Company, a wholly owned subsidiary of DMG, is an integral component of DMG's carbon-neutral bitcoin ecosystem, which enables financial institutions to move bitcoin in a sustainable and regulatory-compliant manner.
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