Integrated Ventures Purchases Mining Containers To Double Its Mining Capacity As BTC Passes 50K
PHILADELPHIA, February 17, 2021 / PRNewswire/ - Integrated Ventures Inc, (OTCQB: INTV) (“Company”) is pleased to confirm a purchase of turn-key, fully equipped and build out, mining ready, 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 7 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:
Maximym 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
Voltage: 415 volts, 5 Wire, 220-240 Volts Primary
Ventilation: 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) $3,000,000 to $6,000,000. Once Chinese New Year vacation is over, we expect to execute more purchase orders for miners and to complete an additional 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.