Benzinga | Nov 15, 2021 10:57AM EST

Digihost's October Bitcoin Production Value Increases 1,486% Over October 2020 And Up 56% From September

* Produced 41.84 BTC during the month, increasing total holdings to 494.08 BTC representing a fair market value of approximately $30.3 million as of October 31, 2021.

* Total Ethereum ("ETH") holdings of 1,000.89 ETH representing a fair market value of approximately $4.3 million as at October 31, 2021.

* Total digital asset inventory value consisting of BTC and ETH of approximately $34.6 million at the end of October.

* Cash on hand at October 31st was approximately $9.7 million, and total cash and digital asset holdings was approximately $44.3 million.

* Year-to-date deposits on equipment and infrastructure targeted to be installed in Q4 2021 and H1 2022 pertaining to the Company's core business of approximately $30.8 million.

* During October, the Company received 4,932 new, technologically advanced, high-performance M30 Bitcoin miners (the "Miners"), with over 1,000 additional Miners in transit to the Company's data center.

* The Company's current hashrate is approximately 400PH and is expected to increase to approximately 500PH by the end of November, representing an increase of approximately 150% since September of 2021.