The Corporation sources its HPC equipment and miners from a limited number of suppliers, with prices negotiated individually and influenced by cryptocurrency market fluctuations. Its energy consumption includes a mix of renewable energy, zero-carbon electricity, and non-renewable sources. Currently, 89% of the electricity used at two New York State sites comes from zero-carbon generation, with over 50% derived from renewable sources. The Corporation has set targets to achieve 100% carbon neutrality by 2026 and 100% renewable energy use by 2030. Its initiatives include serving as the anchor subscriber to a 5 MW community solar project in Grand Island, New York, implementing the Digigreen Initiative for sustainable practices, participating in the Crypto Climate Accord, developing internal measurement frameworks known as Proof of Green, and providing grid support through load flexibility to enhance system reliability and reduce carbon intensity.
Digihost Technology Inc's Comment on Supply Chain
The Corporation sources its HPC equipment and miners from a limited number of suppliers, with prices negotiated individually and influenced by cryptocurrency market fluctuations. Its energy consumption includes a mix of renewable energy, zero-carbon electricity, and non-renewable sources. Currently, 89% of the electricity used at two New York State sites comes from zero-carbon generation, with over 50% derived from renewable sources. The Corporation has set targets to achieve 100% carbon neutrality by 2026 and 100% renewable energy use by 2030. Its initiatives include serving as the anchor subscriber to a 5 MW community solar project in Grand Island, New York, implementing the Digigreen Initiative for sustainable practices, participating in the Crypto Climate Accord, developing internal measurement frameworks known as Proof of Green, and providing grid support through load flexibility to enhance system reliability and reduce carbon intensity.
Sources:
Digihost Technology Inc's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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