PHILADELPHIA, Nov. 8, 2023 /PRNewswire/ — 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.
SOURCE Integrated Ventures, Inc
Originally published at https://www.prnewswire.com/news-releases/integrated-ventures-buys-additional-miners-with-focus-on-7-million-in-yearly-revenues-301981795.html
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