Digihost reports milestone of 1 EH/s in hashrate, announces bitcoin dividend policy

Digihost Technology (NASDAQ:DGHI) announced a new dividend policy wherein it expects to declare dividends payable to shareholders in either BTC or cash in the future, at the choice of shareholders. Throughout 1Q22, the company continued to make progress on the deployment of the 10.6K M30S and M30S+ miners it acquired last year. "With more than half of those miners currently in operation we have more than doubled our hashrate from 415 PH at year-end 2021 to ~1 EH/s today, which at current network difficulty equates to ~4.25 coins/day on a run rate of over 120 coins mined per month," Chairman and CEO Michel Amar commented. In March 2022, the company mined 75.24 BTC increasing total holdings to 797.47 BTC valued at ~$36.3M as of Mar.31, 2022 (based on BTC price of $45.5K). Ethereum holdings stood at 1,000.89 ETH valued at ~$3.3M as of Mar.31, 2022 (based on ETH price of $3.3K). As of