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Hyper Bit Advances Funds for Purchase of an Additional Ten ElphaPex DG1+ Crypto Miners
Newsfileยท2025-07-28 07:05

Core Viewpoint - Hyper Bit Technologies Ltd. has advanced funds to DogeCoin Mining Technologies Corp. for the purchase of ten additional ElphaPex DG1+ miners, increasing the total to twenty units for mining Dogecoin and Litecoin [1][3]. Group 1: Company Operations - The total investment for the twenty DG1+ miners amounts to USD $108,000, with a unit price of USD $5,400 [1]. - The miners will be installed at a third-party owned facility in Quebec, Canada, which is powered by 11 MW of renewable energy [1][3]. - The company aims to optimize the deployment of these high-efficiency ASIC mining rigs for effective mining operations [3]. Group 2: Company Profile - Hyper Bit Technologies Ltd. specializes in the acquisition, development, and strategic deployment of crypto mining operations and blockchain innovations [4]. - The company is positioned to capitalize on the growing global interest in digital assets, driven by blockchain technology and decentralized finance [4]. - Hyper Bit is a member of the Blockchain Association of Canada and the American Blockchain & Cryptocurrency Association [4].