Hello Pal Acquires 130 Antminer, L7 Miners for LTC and DOGE Mining
Hello Pal International Inc. (OTC: HLLPF), a provider of a fast expanding global live-streaming, language learning, and social-crypto platform, is delighted to announce the acquisition of an additional 130 Antminer L7 mining rigs for Litecoin and Dogecoin mining, bringing the aggregate to 400 L7s.
The Hello Pal Platform is a unique collection of mobile apps centred on social interaction, language study, and travel. Hello Pal was built from the bottom up to be simple to use and to provide users the option to communicate in their native language regardless of the language spoken by the other party.
The overarching purpose of Hello Pal is to connect the globe via social contact, language acquisition, and travel. This new acquisition is mostly funded by bitcoin revenues made by the Company’s subsidiary (CPal Technology Limited) during the last few months of mining, as well as cash on hand.
This acquisition follows the company’s disclosure of a comprehensive upgrade of its mining equipment, which included the purchase of 270 L7 miners using profits from the sale of 12,500 Antminer L3+ miners.
“With the latest bull run of Litecoin and the articles covering SpaceX’s ‘DOGE-1’ moon mission, market demand and price for these latest mining rigs have skyrocketed, and we are incredibly lucky to have been able to secure as many units as we have,” said KL Wong, the Company’s Founder and Chairman.
“We are immensely delighted that this acquisition was made monetarily feasible by the success of our previous crypto-mining endeavors.”
The new gadgets are expected to be delivered in December 2021 and will be flown directly to the Company’s new mining facilities in New York State and other parts of North America.