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Firm's Website Breaks After It Says It Will Mine Dogecoin

The firm announced buying an initial 15% interest in a dedicated dogecoin and litecoin mining facility.

Updated Sep 14, 2021, 1:47 p.m. Published Mar 11, 2021, 5:42 p.m.

Vancouver-based tech firm Hello Pal International said Thursday its website suffered a temporary outage due to overload after announcing it's going to start mining dogecoin and litecoin.

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In an announcement, Hello Pal International said following its dogecoin-related announcement its company website experienced a surge in traffic of over 1000%, which resulted in the website server being overloaded and causing a temporary outage.
On March 8, the firm announced the acquisition of an initial 15% interest in a dedicated dogecoin and litecoin mining facility, and the acquisition of an initial 51% of at least 12,500 mining rigs dedicated to mining both cryptocurrencies.
"The sharp increase in activity on our website and the Hello Pal app validates the clear position we have taken on dogecoin as well as on cryptocurrency in general," said KL Wong, founder, and chairman of Hello Pal.
Dogecoin has seen a resurgence in popularity after celebrities including Elon Musk, Snoop Dogg and Gene Simmons have tweeted about the cryptocurrency and as prices surged during the WallStreetBets trading mania.

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Tanzeel Akhtar

Tanzeel Akhtar has contributed to The Wall Street Journal, BBC, Bloomberg, CNBC, Forbes Africa, Financial Times, The Street, Citywire, Investing.com, Euromoney, Yahoo! Finance, Benzinga, Kitco News, African Business Magazine, Hedge Week, Campden Family Office, Modern Investor, Spear's Wealth Management Magazine, Global Investor, ETF.com, ETF Stream, CIO UK, Funds Global Asia, Portfolio Institutional, Interactive Investor, Bitcoin Magazine, CryptoNews.com, Bitcoin.com, The Local, The Next Web, Mining Journal, Money Marketing, Marketing Week and more. Tanzeel trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. She holds a BA (Honours) in English Literature from the Manchester Metropolitan University, UK and completed a semester abroad as an ERASMUS student at the National and Kapodistrian University of Athens, Greece. She is NCTJ Qualified - Media Law, Public Administration and passed the Shorthand 100WPM with distinction. She does not currently hold value in any digital currencies or projects.