Playa Vista, CA, May 8, 2022 (GLOBE NEWSWIRE)-via NewMediaWire – American Premium Mining Corporation (OTC: HIPH) (“APM” or “Company”) is CloudXchange Data Center Inc, a wholly owned subsidiary engaged in cryptocurrency mining and staking-related activities. (“CloudX”) has been delivered and the first phase of the crypto mining rig has been installed in Singapore and everything is fully operational. On April 24, 2022, we publication The plan is to acquire CloudX and focus on the cryptocurrency mining-related business, where sellers guarantee US $ 1.5 million in revenue over the first 12 months.
As part of CloudX’s risk management strategy, CoudX has distributed cryptocurrency mining rig operations across multiple currencies, regions and service providers. The first phase of Singapore’s crypto mining rig consists of the following mining rig combinations:
Innosilicon A11 Crypto Mining Rig, Mining Ethereum (“ETH”).
Bitmain Antminer L7 Cryptographic Mining Rig, Mining Litecoin (“LTC”) and Dogecoin (“DOGE”).
Gold Shell KD6 Crypto Mining Rig, Mining Kedana (“KDA”).
Going forward, CloudX will focus on efforts to complete the second phase of the cryptocurrency mining acquisition plan, which consists of Bitmain S19J Pro cryptocurrency mining rig Bitcoin Mining (“BTC”). Bitmain is one of the world’s leading manufacturers of cryptocurrency mining rigs, and the S19J Pro is the top model and is considered one of the most productive and energy efficient mining rigs on the market.
Ryan Fishoff, CEO of APM, commented: This will bring about change for the company. APM has already announced a name change to reflect the change in strategic focus. With the completion of the CloudX acquisition, the company is focusing on crypto mining. The first phase of the plan has already begun and we look forward to adding miners to our portfolio to reach our $ 1.5 million revenue target. We look forward to letting our shareholders know about the progress of the CloudX integration and the next steps in the integration. “
CloudX plans to expand its mining business to reach its US $ 1.5 million revenue target within the first 12 months of full operation, with new partnerships and rehabilitation as part of its focus on sustainability while maximizing. We will continue to actively seek integration with renewable energy. Shareholder value.
CloudXchange DataCentre Inc. is a holding company primarily engaged in investment within the cryptocurrency industry and focused on cryptocurrency mining and staking activities. CloudX strives to leverage the potential of crypto space to generate predictable revenue and operating profit.
About American Premium Mining Corporation
American Premium Mining Corporation (“APM”) focuses on supporting the blockchain ecosystem through the proof of work and proof of stake mining of major cryptocurrencies. APM is at the forefront of the digital finance revolution.
Description of future prospects
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