DMG Blockchain Launches Subsidiary for AI and High-Performance Computing

DMG Blockchain has announced the establishment of a new subsidiary, DMG Infrastructure, to focus on artificial intelligence and high-performance computing (AIHPC) operations. According to ChainCatcher, the company plans to transition its data centers towards AI and HPC business activities. In April, DMG Blockchain mined 21 Bitcoin, a decrease from the 23 Bitcoin mined in March. By the end of April, the company held 389 Bitcoin, down by 9 from the previous month. The company's computing power also saw a decline, standing at 1.54 EH/s compared to 1.63 EH/s in March.