The latest update is out from Hemp for Health Inc ( (TSE:SPS) ).
Sweet Poison Spirits Inc. has announced the acquisition of additional crypto mining equipment, specifically ten ultra-efficient Goldshell AE-BOX II rigs, to mine the ALEO token. This strategic move is aimed at positioning the company to capitalize on the anticipated crypto bull market while maintaining profitability during current market fluctuations. The company plans to test the performance and delivery times of the equipment with an initial unit before completing the full purchase. Sweet Poison also owns 150 SC200 SiaCoin mining rigs and is working on reducing power costs to make these rigs more economical.
More about Hemp for Health Inc
Sweet Poison Spirits Inc. operates in the cryptocurrency mining industry, focusing on acquiring and utilizing advanced mining equipment to enhance its operations. The company is involved in mining various cryptocurrencies, including Aleo and SiaCoin, and is exploring cost-effective power solutions to optimize its mining activities.
YTD Price Performance: 350.0%
Average Trading Volume: 59,905
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$1.77M
Learn more about SPS stock on TipRanks’ Stock Analysis page.
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