Dogecoin mining announcement crashes Hello Pal’s site

On the Hello Pal social platform provider’s site for international language practice, February saw a crash due to a server overload after the announcement of alleged investments in mining Dogecoin and Litecoin.

According to the press release, Hello Pal International on February 8 announced the acquisition of a 15% stake in a Dogecoin and Litecoin mining venture, as well as the purchase of an initial 51% of no fewer than 12,500 devices for mining these coins.
It is envisaged that the facility can house up to 90,000 installations and have a capacity of up to 70 MW.

Following this news, the company’s site recorded an unprecedented traffic surge of more than 1,000%, leading to a temporary outage. Online apps and Hello Pal’s streaming services were not affected, despite the significant uptick in traffic, the company said.

The company has increased server capacity to prevent similar incidents.

“The sharp increase in activity on our website and in the Hello Pal app confirms the validity of our clear stance on Dogecoin, as well as on cryptocurrency more broadly,” said KL Wong, founder and chairman of the firm.

The company believes that acquisitions linked to Dogecoin and Litecoin assets will play a significant role in cryptocurrency communities. Hello Pal also expects the investments to be profitable.

Earlier in February, the miner-maker Ebang decided to launch a business in mining these altcoins.

By the end of February, Dogecoin became the most popular cryptocurrency among Twitter users, overtaking the traditional leader — Bitcoin.

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