Recently, there was a massive spike in Internet activity on a website after they announced their intention to invest in the popular meme-inspired token, Dogecoin. This surge in online traffic was so massive in fact, that it resulted in an overload back in February, although it was quickly resolved.
Hello Pal experiences an outage last month thanks to the Dogecoin announcement
Popular Canadian platform Hello Pal was the one in question regarding the website crash. They had made the announcement last month that they are going to be investing in Dogecoin, and this led to so much online traffic on their website that it resulted in a crash. While Hello Pal was able to recover fairly quickly from this setback, one cannot help but wonder the sheer amount of interest Canadians seem to have for cryptocurrency, and for Dogecoin in particular. In addition to DOGE, the company had also announced that it would be investing a significant amount in Litecoin as well.
At the time of this writing, Hello Pal has managed to outline an acquisition of a nearly 15% stake into both Litecoin and Dogecoin mining facility. Some speculate that the facility in question is actually the largest one in the world which is specifically designed to mine Dogecoin and Litecoin, so it is easy to see why Hello Pal would choose them over other available options. The platform had also made it known that it has taken more than half of the mining rig inventory that is specifically dedicated for mining Litecoin and Dogecoin, which amounts to nearly 12,500.
Litecoin and Dogecoin mining led to crash in our website, according to Hello Pal
It was therefore due to the aforementioned mining in Litecoin and DOGE that had ultimately resulted in so many consumers and investors developing an interest in Hello Pal. This then led to the massive spike in online traffic on the platform’s website, eventually causing it to temporarily crash.
This interest in cryptocurrency is nothing new and even popular crypto exchanges have been known to crash in the past. Hello Pal, therefore, does not need to worry about what happened, rather this is a good thing for them as they now know that there is significant interest in the services that they can provide going forward.