/PRNewswire/ The first decentralized cryptocurrency, Bitcoin, was created in 2009. Since then, cryptocurrencies have become incredibly popular and were even.
TAAL Distributed Information Technologies Inc. (CSE: TAAL) (FWB: 9SQ1) (OTC: TAALF) ("TAAL" or the "Company"), a vertically integrated blockchain infrastructure and service provider for enterprise, announced today its financial results for the three months ended March 31, 2021. These filings are available for review on the Company's SEDAR profile at www.sedar.com and on the Company's website at www.taal.com. All financial information in this press release is reported in Canadian dollars unless otherwise indicated.
05/27/2021 | Press release | Distributed by Public on 05/27/2021 19:05
TAAL ANNOUNCES 2021 FIRST-QUARTER FINANCIAL RESULTS
Vancouver, British Columbia; May 27, 2021 - TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC:TAALF) ( TAAL or the Company ), a vertically integrated blockchain infrastructure and service provider for enterprise, announced today its financial results for the three months ended March 31, 2021. These filings are available for review on the Company s SEDAR profile at www.sedar.com and on the Company s website at www.taal.com. All financial information in this press release is reported in Canadian dollars unless otherwise indicated.
BSV Holdings
First Quarter Highlights
Hashing operations recommenced in January 2021 resulting in gross revenues of $0.9 million for the quarter, representing approximately 89% of gross revenues.
Hut 8 Mining Corp. (TSX: HUT) ( Hut 8 or the Company ), one of
North America s oldest and largest innovation-focused digital asset mining pioneers, is thrilled to announce its latest hosting partnership with Enterprise Blockchain transaction processor, TAAL Distributed Information Technologies Inc. (CSE: TAAL).
Hut 8 will provide physical hosting and optimization services and access to competitive electrical power for 960 newly-purchased digital hashing computers owned by TAAL. Hut 8 will also work with TAAL to make their existing fleet more efficient. Under the terms of this deal, TAAL will have 960 hashing computers, using 3.2 MW of Hut 8 power.
Hut 8 s hosting and optimization services include equipment sourcing and logistics management, white-glove installation, a dedicated Client Success Manager (CSM), and 24/7 physical security and technical operation teams dedicated around-the-clock at each site.