Integrated Ventures Signs An Authorized Reseller Agreement And Purchases 50 GPU Powered PandaMiners
PHILADELPHIA, February 2, 2018 /PRNewswire/ -- Integrated Ventures Inc. (OTCQB: INTV) (“Company”) is pleased to announce that the signing of an Authorized Reseller Agreement with Shenzhen Halley Cloud Technology Company, the exclusive manufacturer of PandaMiners.
PandaMiner is GPU integrated altcoin mining device which supports multiple hashing algorithms like ETH and other cryptocurrencies. It is assembled using a high configuration graphics cards, customized and highly compatible case and other optimized accessories for the highest mining efficiency.
As part of this Agreement, the Company agreed to purchase 50 PandaMiner B3 Pro mining rigs with total purchase value is $213,500. The total cost includes 50 Power Source Units (valued at $6,250) and DHL shipping (valued at $3,750).
PandaMiner B3 Pro Specifications:
Hash Rate: 230MH/s (ETH), 2050H/S (Zcash), 5520H/S (XMR)
Power Consumption: 1250W +10% (ETH), 1025W+10%(Zcash), 980W+10% (XMR) (on the wall, 93% efficiency, 25°C ambient temp)
Rated Voltage: 12.4-12.6V
Installed memory (RAM): 4GB
GPUs per unit:; 8 X AMD RX470
Cooling: 6 Fans
Network Connection: Ethernet
System type:Inter(R) Celeron(R) CPU 3215U @1.70 GHZ
Operation system: Windows 10
“We are very excited to launch this collaboration with makers of PandaMiner” said Steve Rubakh, CEO of Integrated Ventures. “We envision expanding this relationship further to include manufacturing aspect designed to fast track and power sales of Nemesis Brand in USA. We are confident that GPU based mining is the future and intend to build out our mining operation with focus on this exciting technology.”
About Integrated Ventures Inc: Integrated Ventures is focused on acquiring, launching and operating companies in the cryptocurrency sector (“BitcoLab”), mainly in digital currency mining, equipment manufacturing, sales of branded mining rigs (“Nemesis”) and blockchain software development (“LoanFunder”).
For more details, please visit www.integratedventuresinc.com.
PandaMiner is a global leading and professional manufacturer of hardware devices and GPU integrated miners, who provides multi-cryptocurrencies hashing algorithm solutions. Along with in the expanding of cryptocurrencies mining, the Company boats the best industrial professionals focused on developing the best GPU integrated miners. The mission is to perfect core products and to meet the demands of the ever-growing mining industry. Goal is to become the top GPU brand in the world that provides the smartest and most efficient mining devices.
For more details, please visit www.pandaminer.com.
***About Cryptocurrency Investments & Risks***
Integrated Ventures urges all current and potential investors to visit: (1) SEC website: https://www.sec.gov/news/public-statement/statement-clayton-2017-12-11, (2) NASAA website: http://www.nasaa.org/44073/nasaa-reminds-investors-approach-cryptocurrencies-initial-coin-offerings-cryptocurrency-related-investment-products-caution/ and (3) FINRA website: https://www.finra.org/investors/highlights/dont-fall-cryptocurrency-related-stock-scams to understand the risks involved in cryptocurrency investing.
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.