MARA - Marathon Digital and DMG Blockchain Solutions ink software & technology agreement

Marathon Digital ([[MARA]] -0.6%) and DMG Blockchain Solutions ([[DMGGF]] +1.0%) entered into a definitive license agreement for providing technology solutions for Marathon and the new Digital Currency Miners of North America ((DCMNA)) pool.Under the agreement, Marathon will be licensing DMG's proprietary Blockseer pool technology to be used by the DCMNA entity.DMG will receive $500K in Marathon shares, a monthly license fee paid in cash or Bitcoin with a sliding scale based on DCMNA's block rewards and transaction fees received by the pool and technical support services to be provided on an as-needed basis.Separately, DMG announced that Daniel Reitzik, one of the founders, has resigned as a director and as the CEO; another founder Sheldon Bennett has been appointed CEO and will also continue in his COO position for now.It also reported that Steven Eliscu has joined DMG's board and has been granted 200K stock options with an exercise price of $2.49 for a

For further details see:

Marathon Digital and DMG Blockchain Solutions ink software & technology agreement