Integrated Ventures Joins USA Based Mining Pool Managed And Operated By Foundry Digital, LLC
September 03 2021 - 9:00AM
InvestorsHub NewsWire
Integrated Ventures Joins USA Based
Mining Pool Managed And Operated By Foundry Digital, LLC
Philadelphia, PA -- September 3, 2021 --
InvestorsHub NewsWire -- Integrated Ventures, Inc, (OTCQB:
INTV) (“Company”) is pleased to announce joining USA based
mining pool, managed and operated by Foundry Digital, LLC, a
wholly-owned subsidiary of Digital Currency Group (“DCG”), focused
on digital asset mining.
INTV
is the latest mining company to partner with Foundry USA Pool,
which speciliazes on providing mining pool services to the many
institutional clients located in USA. The Company is planning to
transfer all existing miners to Foundry pool as well as connect an
additional 2,400 more S19J 100 TH miners, manufactured by Bitmain
and scheduled to be deployed on monthly basis, by July 30,
2022.
About Foundry Digital, LLC -
(“Foundry”):
Foundry USA Pool offers unique miner focused
treasury management services, powered by Digital Currency Group's
subsidiary Genesis. Those services include ability to generate
yield in Bitcoin (BTC) on the in-house mined BTC, which will allow
INTV to maximize the overall BTC yield of their operations. Other
Genesis-powered products include high-security custody, BTC
collateralized lending, derivative products and seamless
liquidation.
Foundry serves as a strong US-based alternative
to the China-dominated pool industry and delivers its clients some
of the most competitive payouts in the industry along with
institutional-level standards of transparency and services that
fully meet the requirements of publicly-traded
companies.
Backed
with financial support from its parent company DCG, Foundry is the
first North American cryptocurrency mining pool to pay its clients
through the Full-Pay-Per-Share (“FPPS”) payout method, which relies
on an external party, guaranteeing stable, consistent and risk-free
payouts.
“We are
100% and 24/7 focused on growing shareholder value,” said Steve
Rubakh, CEO of Integrated Ventures, Inc. “This partnership with
industrial quality mining pool, based n USA is very important
to us, as we continue to execute our growth plan. Shortly, we will
be filing our 2021/10K and providing shareholders with details on
business progress, made during last 90
days”
About Integrated Ventures
Inc:
The
Company operates as Technology Holdings Company with focus on
cryptocurrency sector. Additional information is available by
visiting 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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