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Shareholders will also be able to choose to pay out in fiat money as an alternative
Mining company Digihost will begin paying dividends to its shareholders in bitcoin for the first time. At the same time, shareholders will be able to choose between bitcoin and more familiar fiat money, the miner reports on his website.
According to CEO Michel Amar, the amount of dividends will be set by Digihost’s Board of Directors depending on market conditions. It is expected that at the first payment dividends will be 10% of net income.
The company also shared unaudited monthly and quarterly Bitcoin mining data. According to Amar, Digihost has continued to roll out the 10,600 M30S and M30S+ miners they purchased last year.
“With over half of these miners currently running, we have doubled our hash rate from 415 PH/s at the end of 2021 to around 1 EH/s today, which at current network difficulty equates to about 4.25 bitcoins per day mined at forecast of more than 120 coins per month,” Amar said.
During March, Digihost mined 75.24 bitcoins, which increased the company’s total crypto assets to 797.47 bitcoins, worth about $36.4 million as of April 4, 2022. As of April 5, 09:35 Moscow time, the price of bitcoin is $46.7 thousand, according to CoinGecko.
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