VANCOUVER, BC, Nov. 18, 2021 /CNW/ — Hello Pal International Inc. (“Hi there Pal” or the “Firm”) (CSE: HP) (Frankfurt: 27H) (OTC: HLLPF), a supplier of quickly rising worldwide live-streaming, language studying and social-crypto platform, is happy to announce that it has bought an additional 130 Antminer L7 mining rigs for the mining of Litecoin and Dogecoin, bringing the overall variety of L7s to 400.
This new buy primarily depends on the cryptocurrency earnings generated by the Firm’s subsidiary (CPal Expertise Restricted) from the previous a number of months of mining along with free money reserves within the Firm. This buy comes after the announcement of the entire improve of its miners the place 270 L7 miners had been bought utilizing the proceeds from the sale of 12,500 Antminer L3+ miners (see November  press launch).
“The current value surge of Litecoin and information surrounding SpaceX’s ‘DOGE-1’ mission to the moon have tremendously elevated the market demand and value for these newest mining rigs, so we’re very lucky certainly to have been capable of procure as many models as we now have,” stated KL Wong, Founder and Chairman of the Firm. “We’re doubly happy that this buy was made financially potential via our previous crypto-mining efforts bearing fruit.”
The brand new machines are anticipated to be delivered in December 2021, upon which they are going to be delivered by airfreight on to the Firm’s new mining services in New York State and different elements of North America (see November 10 press launch).
To obtain Hi there Pal please go to the IOS or Android retailer. For info with respect to the Firm or the contents of this information launch, please contact the Firm at (604) 683-0911 or go to the web site at hellopal.com. E-mail inquiries might be directed to: [email protected].
Concerning the Hi there Pal Platform
The Hi there Pal Platform is a proprietary suite of cellular functions constructed on a user-friendly messaging interface that concentrate on social interplay, language studying and journey. Hi there Pal, has been designed from the bottom as much as be simple to make use of and allows customers’ the liberty to talk in their very own language whatever the different individual’s language they’re chatting with. Hi there Pal’s overriding mission is to deliver the world nearer collectively via social interplay, language studying and journey. By making a platform the place it’s simple to immediately work together with others all over the world and giving them the instruments to speak with one another in a joyful and enjoyable means, we hope to do our half (nevertheless small) in fostering understanding and tolerance between all residents of the world.
Info set forth on this information launch accommodates forward-looking statements. These statements replicate administration’s present estimates, beliefs, intentions, and expectations; they don’t seem to be ensures of future efficiency. Hi there Pal cautions that every one forward-looking statements are inherently unsure and that precise efficiency could also be affected by a variety of materials elements, a lot of that are past Hi there Pal’s management. Such dangers and uncertainties are described in Hi there Pal’s annual and interim monetary statements accessible on www.sedar.com. Though Hi there Pal is at the moment producing revenues, Hi there Pal stays within the development stage and such revenues are but to be worthwhile. Accordingly, precise, and future occasions, situations and outcomes might differ materially from the estimates, beliefs, intentions, and expectations expressed or implied within the forward-looking info. Besides as required beneath relevant securities laws, Hi there Pal undertakes no obligation to publicly replace or revise forward-looking info.
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Hi there Pal Worldwide
SOURCE Hi there Pal Worldwide Inc.