wealth_bakery

Speculative DOGE coin miner

Long
CSE:HP   HELLO PAL INTERNATIONAL INC
This is the only publicly listed DOGE coin miner. Needless to say this is a speculative play but could benefit from all the hype surrounding DOGE at the moment.
Comment:
VANCOUVER, British Columbia, March 11, 2021 /CNW/ -- Hello Pal International Inc. ("Hello Pal" or the "Company") (CSE: HP) (Frankfurt: 27H) (OTC: HLLPF), a provider of rapidly growing international live-streaming, language learning and social-crypto platform, reports shortly after the news release on February 8th concerning its proposed investment into a dedicated Dogecoin (DOGE) and Litecoin (LTC) mining facility and mining rigs, it's website suffered a temporary outage due to server overload.

The Company had announced an acquisition of a 15% interest in a dedicated Dogecoin and Litecoin mining facility, as well as an acquisition of an initial 51% of at least 12,500 mining rigs dedicated to mining Dogecoin and Litecoin, with options to increase its interest in both acquisitions, with the latter to 100%. The mining facility is believed to be the largest dedicated Dogecoin/Litecoin mining facility in the world, with the ability to house 90,000 mining rigs and have a capacity of 70MW, and the mining rigs are believed to account for 3-5% of the Dogecoin/Litecoin hashrate in the world and which would make it the world's third largest Dogecoin/Litecoin miner.
Comment:
Hello Pal Signs Definitive Purchase Agreement to Acquire Interest in Dogecoin/Litecoin Mining Assets

VANCOUVER, BC, April 19, 2021 /PRNewswire/ -- Hello Pal International Inc. ("Hello Pal" or the "Company") (CSE: HP) (Frankfurt: 27H) (OTC: HLLPF), a provider of rapidly growing international live-streaming, language learning and social-crypto platform, is pleased to announce that it has entered into a definitive purchase agreement (the "Agreement") with a company controlled by Shanghai Yitang Data Technology Co. Ltd. ("Yitang") to acquire an initial 51% interest in 12,500 mining rigs dedicated to mining Dogecoin (DOGE) and Litecoin (LTC) (the "Mining Assets"), with an option to increase such interest to 100% (the "Transaction"). The Mining Assets provide a combined hash rate of 6.25 TH/s, which amounts to 2.1% of the entire current LTC network hash rate.

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