Integrated Ventures Buys Additional Miners With Focus On $7 Million In Yearly Revenues
09 November 2023 - 12:30AM
InvestorsHub NewsWire
Philadelphia, PA --
November 8, 2023 -- InvestorsHub NewsWire -- Integrated Ventures
Inc, (OTCQB:
INTV) ("Company") is pleased to confirm the purchase of new
cryptocurrency (Antminers S19 - ASICs) mining equipment.
Equipment details are as
follow:
-
Antminer S19J - 210
units
-
Antminer S19Pro -15
units
-
Avalon A1246 -14
units
Total Qty: 239 units
Total Value: $300,000
Steve Rubakh, CEO of Integrated
Ventures, Inc., provides
the following commentary:
"This purchase was
completed and fully paid for by issuing combination of common
shares and BTC. All miners are expected to be online within 2
weeks. As of 11/16/2023, we expect to have over 2,550 miners
hashing at data center, located in Granbury, TX and managed by US
Bitcoin, Corp. Estimated total hash rate is expected to exceed 250
PH."
About
Integrated Ventures Inc:
The Company
a diversified holdings company
that develops, acquires, operates and invests in businesses,
primarily in the technology sector with focus on (1)
AI/AR/MR/Blockchain platforms/applications,
(2) real estate assets,
suitable for data center operations and (3) cryptocurrency mining.
INTV's current revenue generating operations, consist of crypto
currency mining/hosting.
For more
information, please visit company's website at www.integratedventuresinc.com.
Safe Harbor
Statement:
The information posted
in this release may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
You can identify these statements by use of the words "may,"
"will," "should," "plans," "explores," "expects," "anticipates,"
"continue," "estimate," "project," "intend," and similar
expressions. Forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially
from those projected or anticipated. These risks and uncertainties
include, but are not limited to, general economic and business
conditions, effects of continued geopolitical unrest and regional
conflicts, competition, changes in technology and methods of
marketing, and various other factors beyond the company's
control.
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