Integrated Ventures Places Purchase Order For BTC Mining Equipment
February 03 2021 - 9:30AM
InvestorsHub NewsWire
Integrated
Ventures Places Another Purchase Order For
WhatsMiners
Philadlphia, PA -- February 3, 2021 --
InvestorsHub NewsWire -- Integrated Ventures Inc, (OTCQB: INTV)
(“Company”) is pleased to confirm and disclose the following
details for the purchase order of cryptocurrency (ASICs) mining
equipment:
-
Qty: 121 units
-
Models: M31S and M32S
-
Hashing Range:
66th-80th
-
Total Value: $349,329.00 (paid in
full)
-
Average Cost Per Unit:
$2,887.00
-
Projected Daily Revenues:
$1,800.00
-
Delivery Timeline: estimated arrival by
02/20/21
Steve Rubakh, CEO of Integrated Ventures, Inc
adds:
“Major cryptocurrency coins such as BTC and ETH,
just recently reached, all time high pricing and showing an amazing
strength. The main reason is a significant interest and massive
open market purchases by public companies, hedge funds and other
financial institutions. INTV's financial position is very
solid.
Driving factors are:
-
balance sheet with $675,000+ in cash/liquid
digital currencies
-
core business (mining) generates a consistent
cash flow
-
reduction of outstanding short term
debt
-
decrease in operating
expenses
-
deployment of power efficient and profitable
mining equipment
-
consistent performance of the cryptocurrency
markets.
The Company is booking its highest revenues to
the date, with 3 full months to be reported on Q3 report. INTV is
in process of raising additional capital and plans to purchase
Avalon 1246 miners from Canaan with hashing rates of
85TH/87TH/90TH”.
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.
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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