Ludlow Research Upgrades Integrated Ventures (OTCQB: $INTV) As Bitcoin Approaches $9000
May 28 2019 - 10:45AM
InvestorsHub NewsWire
Ludlow Research Upgrades Integrated
Ventures (OTCQB: $INTV) As Bitcoin Approaches $9000
NEW YORK, NY -- May 28, 2019 -- InvestorsHub NewsWire --
LudlowResearch.com reports : Integrated Ventures Inc (OTCQB:
INTV) was issued an upgrade on its crypto mining operations by
Ludlow Research as Bitcoin makes surge towards $9000 over holiday
weekend.
Lower Mining Costs for INTV
The number one issue when it comes to crypto mining is energy
costs. This is a key issue that can make one miner profitable at
$7000, while others need $9000 to turn profit based on the overall
operational energy costs.
On May 7, 2019, INTV signed a 3 year agreement with PetaWatt
Properties, LLC to lower its power costs by over 50%, thus greatly
enhancing mining profitability and long-term viability. This alone
makes INTV a key player to watch in the small cap crypto mining
sector.
In addition, Integrated Ventures intends to market PW’s services
to diversify its business by offering hosting and pool services via
a la carte packages to third-party miners and market
participants.
Research Upgrade
On average, $8400 on BTC was a key trigger where most miners
begin making profit from mining operations. BTC had found
resistance trying to break above that price from its recent run up,
but the surge of BTC to near $9000 may start lighting up the crypto
sector, and especially the miner.
For that reason, Ludlow Research has issued an upgrade to INTV
as near-term play within the Bitcoin crypto sector. Based on BTC
performance going into Tuesday’s open INTV may be expected to open
strongly as traders take on new positions.
Ludlow will be releasing a more detailed research opinion on
INTV, and investors can request this upcoming report by registering
at https://ludlowresearch.com/investors
http://wallstreetnewscast.com/intv-0526/
About Integrated Ventures Inc:
The Company operates as Technology Holdings Company with focus
on cryptocurrency sector. For more information, please visit
company's website at www.integratedventuresinc.com.
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