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An update from Hemp for Health Inc ( (TSE:HYPE) ) is now available.
Hyper Bit Technologies Ltd. announced that Dogecoin Mining Technologies Corp. (DMTC) has commenced mining Dogecoin and Litecoin at an 11 MW renewable-powered data center in Quebec. This marks a significant step in Hyper Bit’s acquisition of DMTC, enhancing its operations with the addition of 20 ElphaPex DG1+ miners and anticipating the arrival of next-gen DG2 rigs. The move positions Hyper Bit to expand its crypto mining operations, leveraging DMTC’s scalable infrastructure and low-cost sustainable energy, potentially boosting profitability and long-term value in the digital asset market.
More about Hemp for Health Inc
Hyper Bit Technologies Ltd. is a diversified technology company focused on the acquisition, development, and strategic deployment of crypto mining operations and blockchain-based innovations. The company aims to unlock value across the crypto ecosystem, driven by the rise of blockchain, decentralized finance, and increasing adoption of digital assets. Hyper Bit is a member of the Blockchain Association of Canada and the American Blockchain & Cryptocurrency Association.
Average Trading Volume: 220,961
Technical Sentiment Signal: Buy
Current Market Cap: C$8.84M
For detailed information about HYPE stock, go to TipRanks’ Stock Analysis page.