DMG Blockchain Solutions Inc. (TSX-V:DMGI) has signed an agreement with Japanese tech firm Forside Financial Services Inc. to provide Bitcoin hosting services, known as mining-as-a-service (MaaS), for Forside. The MaaS deal is worth over $3 million, under which DMG will purchase and set up hardware and receive recurring hosting revenues upon completion.
DMG’s business focus is to provide hosting services for its clients, allowing them to be “miners” essentially from anywhere in the world in a cost-effective manner. The MaaS offering provides turnkey operations for clients by charging a set-up and monthly hosting fee. This allows …
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