PLAYA VISTA, CA, May 8, 2022 (NEWSWIRE GLOBE) – via NewMediaWire – American Premium Mining Corporation (OTC: HIPH) (“APM” or “Company”) is pleased to announce that CloudXchange DataCentre Inc. (“CloudX & CloseCurlyDoubleCurlyDoubleQuote;)), a wholly owned subsidiary engaged in cryptographic mining and rethinking activities has received delivery and completed the installation of its first phase of cryptographic mining platforms in Singapore, and all of them are now fully operational. On April 24, 2022, the company announced plans to acquire CloudX to focus on crypto mining-related business with a $ 1.5 million profit guarantee for the first 12 months by the vendor.
As part of CloudX’s risk management strategy, CoudX has diversified its cryptographic mining platform operations across multiple currencies, geographies, and service providers. The first phase of cryptographic mining platforms in Singapore consists of a combination of the following mining platforms:
- Innosilicon A11 cryptographic mining platforms, Ethereum mining (“ETH”);
- Bitmain Antminer L7 cryptographic mining platforms, Litecoin (“LTC”) and Dogecoin (“DOGE”) mining;
- Goldshell KD6 cryptographic mining platforms, Kedana mining (“KDA”).
In the future, CloudX will focus its efforts on completing the second phase of the cryptographic mining acquisition plan, consisting of Bitmain S19J Pro cryptographic mining platforms, mining Bitcoins (“BTC”). of cryptocurrencies, with S19J Pro being a first-class model and considered one of the most productive and energy-efficient mining platforms on the market.
Ryan Fishoff, CEO of APM, commented: “APM is excited to announce the completion of the acquisition of CloudX. This will be transformative for the company. APM has already announced a name change to reflect the change in strategic approach. Now that the acquisition is complete CloudX, the company focuses on cryptographic mining, the first phase of our plan has already begun, and we look forward to adding more miners to our portfolio to reach our $ 1.5 million profit goal. progress in CloudX integration and the next phase of our integration. ”
CloudX is on track to expand its mining operations to meet the $ 1.5 million profit target in the first 12 months of full operation and will continue to proactively explore new partnerships and renewable energy integration as part of the Company’s focus on sustainability. maximizing shareholder value.
About CloudXchange DataCentre Inc.
CloudXchange DataCentre Inc. is a holding company primarily engaged in investments in the cryptocurrency industry with a focus on cryptocurrency mining and participation. CloudX attempts to harness the potential of cryptographic space to generate revenue and predictable operating revenue.
About American Premium Mining Corporation
American Premium Mining Corporation (“APM”) focuses on supporting the blockchain ecosystem through the working test and participation testing of major cryptocurrencies.APM is at the forefront of the digital finance revolution.
This press release includes statements that may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Stock Exchange Act of 1934, and are intended to qualify for the safe harbor the liability established by the Private Securities Litigation Reform Act 1995. Such statements are subject to risks and uncertainties that are often difficult to predict, are beyond our control, and may result in results that differ materially from expectations. For a discussion of the most important risks and uncertainties associated with the business of the company, please consult our requests to the SEC. Please be advised that you do not unduly trust these forward-looking statements, which are based on our expectations as of the date of this press release and speak only as of the date of this press release. We make no obligation to update or publicly review any forward-looking statements, whether as a result of new information, future events, or otherwise.
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