Digihost Technology Inc.
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Digihost Technology Inc.'s score of 20 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Digihost Technology Inc.'s reported carbon emissions
In 2022, Digihost Technology Inc. reported carbon emissions of approximately 21,238,440 kg CO2e, all of which fall under Scope 1 emissions. This figure represents a significant increase compared to previous years, with emissions recorded at about 2,845,410 kg CO2e in 2021 and 10,981,240 kg CO2e in 2020. The company has not disclosed any Scope 2 or Scope 3 emissions data. Despite the lack of specific reduction targets or initiatives, Digihost's emissions data indicates a fluctuating trend over the years, with the highest emissions recorded in 2016 at about 43,306,650 kg CO2e. The absence of documented reduction targets suggests that the company may need to enhance its climate commitments to align with industry standards and expectations. As of 2023, no emissions data has been reported, and projections indicate potential emissions at a capacity factor of 55% from the Fortistar North Tonawanda Facility, estimated at approximately 283,873,563 kg CO2e. This highlights the need for Digihost to establish clear climate strategies and reduction commitments to mitigate its environmental impact effectively.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 43,306,650 | 0,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | - | - | - | - | - | - | - |
| Scope 3 | - | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
