Digihost Technology Inc., a prominent player in the blockchain and cryptocurrency sector, is headquartered in the United States. Founded in 2020, the company has rapidly established itself as a leader in digital asset management and mining operations, with significant activities in North America. Specialising in environmentally sustainable cryptocurrency mining, Digihost leverages innovative technologies to optimise energy efficiency, setting it apart in a competitive market. The company’s commitment to green energy solutions has garnered attention, positioning it favourably among eco-conscious investors and stakeholders. With a focus on scalability and operational excellence, Digihost Technology Inc. continues to achieve notable milestones, reinforcing its status as a key contributor to the evolving landscape of digital currencies.
How does Digihost Technology Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Digihost Technology Inc.'s score of 17 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Digihost Technology Inc. reported projected carbon emissions of approximately 28,387,356 kg CO2e from the Fortistar North Tonawanda Facility, operating at a 55% capacity factor. This figure reflects the company's ongoing reliance on electricity generation, although specific scopes of emissions (Scope 1, 2, or 3) have not been disclosed. The company has not set any formal reduction targets or initiatives, as indicated by the absence of documented reduction strategies or climate pledges. This lack of commitment to specific emissions reduction goals may place Digihost in a challenging position within the industry, where many companies are increasingly adopting ambitious climate action plans. Overall, while Digihost Technology Inc. has significant projected emissions, the absence of clear reduction commitments highlights an area for potential improvement in their climate strategy.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Digihost Technology Inc. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.