In a notable development for the blockchain and cryptocurrency technology company DMG Blockchain Solutions (TSXV:DMGI:CA) (OTCQB:DMGGF), the company announced on Tuesday that it successfully mined 72.1 bitcoins (BTC-USD) in December, marking an 11% sequential increase from the 64.7 bitcoins mined in November.

The company reported that its bitcoin balance stood at 455 as of December 31. DMG Blockchain Solutions exited December with 1.1 EH/s of realized hashrate and achieved an average of 0.96 EH/s for the December quarter.

Additionally, the company disclosed that it is actively working to enhance the operational efficiency of its fleet, aiming to bring its realized hashrate closer to its fleet nameplate hashrate of 1.2 EH/s in the forthcoming months.