PLAYA VISTA, CA, May 08, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – American Premium Mining Corporation (OTC:HIPH) (“APM” or the “Company”) is pleased to announce that CloudXchange DataCentre Inc. (“CloudX”), a wholly owned subsidiary that engages in crypto-mining and staking related activities has received delivery and completed the installation of its first phase of crypto mining rigs in Singapore, with all of them now being fully operational. On April 24, 2022, the Company announced its plans to acquire CloudX to focus on crypto-mining related businesses with an earnings guarantee of US$1.5 Million for the first 12 months by the Seller.
As part of CloudX risk management strategy, CoudX has diversified its crypto mining rigs operations across multiple currencies, geographies, and service providers. The first phase of crypto mining rigs in Singapore consists of a combination of the following mining rigs:
Innosilicon A11 crypto mining rigs, mining Ethereum (“ETH”);
Bitmain Antminer L7 crypto mining rigs, mining Litecoin (“LTC”) and Dogecoin (“DOGE”);
Goldshell KD6 crypto mining rigs, mining Kedana (“KDA”).
Moving forward, CloudX will be focusing its efforts to complete the second …
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