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M&A / Property

Hyper Bit Announces That DMTC Has Commenced Mining DOGE and LTC at 11 MW Renewable Powered Datacenter Facility in Quebec

HYPE · Price

Executive Summary

  • Hyper Bit Technologies reports that Dogecoin Mining Technologies Corp. (DMTC) began mining Dogecoin and Litecoin on September 10, 2025 using 20 ElphaPex DG1+ miners at an 11 MW purpose‑built datacenter in Quebec.
  • DMTC has already produced 56,902.764 DOGE and expects the arrival of 25 next‑gen ElphaPex DG2 rigs to increase hashing power.
  • Hyper Bit is moving toward closing its acquisition of DMTC (announced August 21, 2025) and recently completed a convertible debenture financing that will fund additional equipment orders.

Key Details

  • Mining commencement: September 10, 2025 – Dogecoin & Litecoin mining started at the Quebec facility.
  • Current hardware online: 20 ElphaPex DG1+ miners (ordered by DMTC) operating at full capacity (11 MW).
  • Production to date: 56,902.764 DOGE mined since start of operations.
  • Pending equipment: Pre‑ordered 25 ElphaPex DG2 rigs expected shortly; will be onboarded and optimized upon arrival.
  • Acquisition status: Hyper Bit is working toward closing its acquisition of DMTC, originally announced on August 21, 2025.
  • Financing link: Closing of a recently completed convertible debenture financing (details not disclosed) to fund further ElphaPex equipment purchases.
  • Energy cost: DMTC secured hosting at an all‑in power rate of under US$0.07 per kWh for the 11 MW capacity.

Notable Quotes

“We are thrilled to now be actively mining through DMTC in the purpose‑built datacentre in Quebec, Canada. With our initial DG1+ miners now hashing, we excitedly await the arrival of next‑gen DG2 Miners and with the closing of our recently completed convertible debenture financing we plan to make additional ElphaPex equipment orders.” – Dallas La Porta, President, CEO & Director, Hyper Bit Technologies Ltd.

Read the original news release →

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