Integrated Ventures Purchases Mobile Mining Containers To Double Its Mining Rig Capacity As Bitcoin Trades Above $50,000
February 17 2021 - 9:00AM
InvestorsHub NewsWire
PHILADELPHIA, PA -- February 17, 2021 --
InvestorsHub NewsWire
-- Integrated Ventures Inc, (OTCQB: INTV)
(“Company”) is pleased to confirm a purchase of 7 turn-key, fully
equipped and build out, 20” mobile containers, manufactured by
Digital Shovel, for deployment at PetaWatt facility, located in
upstate New York.
This mining farm in-the-box is powered by
versatile “MiniPods” are (1) capable of hosting 500+ miners,
combined, (2) the most flexible solution, in terms of miner type,
(3) power efficient, (4) cost effective and (5) designed for fast
and easy assembly, by placing near any power
source.
The specs are as follow:
-
Maximum Rig Capacity Per Container: Antminer
S17/S19 (70 units), WhatsMiner/Avalon (90 units), 4U GPU rigs (40
units)
-
Power Capacity Per Container: 305
KW
-
Total Power Capacity: 2.1
MW
-
Size: 20”
-
Shelving With CNC Cut Hot Isle Containment
Barrier
-
Voltage: 415 volts, 5 Wire, 220-240 Volts
Primary
-
Ventilation: Hot Isle With 26,000 CFM
Fan
-
Digital Smart PDUS (C14/C19 Outlets/20Amp
Breakers) with virtual power monitoring, switching, auto rebooting
+ for maximum wattage and protection
-
Magnetic Door Touch Screen Lock
System
-
Automated Warm Air
Recirculation
-
Purchase Price:
$131,700.00
-
Manufacturing & Delivery Schedule: 6-8
weeks
-
Additional information is available at
www.digitalshovel.com.
Steve Rubakh, CEO of Integrated Ventures,
adds:
“This purchase allows us to double number of
miners and our annual revenues, from estimated (based on BTC at
$48,000 and ETH at $1,800.00) $3,000,000 to
$6,000,000.
Once Chinese New Year vacation is over, we expect
to place orders for 500+ miners and to complete an additional
$1.8mil+ funding round.
Moving forward, the management is very confident
of accelerated cash flow, revenue growth and profit
margins.”
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. "project,"
"intend," and similar expressions.
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