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SHPH subsidiary United Dogecoin buys DG1+ miners and secures hydroelectric site at $0.064/kWh; miners due ~60 days
Shuttle Pharmaceuticals' newly acquired United Dogecoin purchased a fleet of ElphaPex DG1+ Scrypt miners (14.4 GH/s per unit) and secured a renewable hydroelectric data-centre site with power priced at $0.064/kWh, with deployment expected in about 60 days. The moves establish low-cost, renewable-powered mining capacity and mark United Dogecoin's planned entry into Dogecoin network mining, though the timeline and "largest by hashrate" ambition are forward-looking and depend on delivery, installation and operational execution.
SHPH unit buys DG1+ Dogecoin miners and secures hydro site at $0.064/kWh; rigs due in ~60 days
United Dogecoin, recently acquired by Shuttle Pharmaceutical (NASDAQ: SHPH), purchased a fleet of ElphaPex DG1+ Scrypt miners (14.4 GH/s each) and expects to deploy them and be operational in about 60 days, subject to delivery and installation timelines. The company also secured a hydroelectric-powered site at a contracted rate of $0.064 per kWh, aiming to use low-cost renewable power to scale Dogecoin mining and pursue leadership by hashrate.