{"id":383124,"date":"2020-11-17T09:48:17","date_gmt":"2020-11-17T14:48:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=383124"},"modified":"2020-11-17T09:48:17","modified_gmt":"2020-11-17T14:48:17","slug":"integrated-ventures-purchases-whatsminer-mining-equipment-valued-at-190000-as-bitcoin-pricing-reaches-17000","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/integrated-ventures-purchases-whatsminer-mining-equipment-valued-at-190000-as-bitcoin-pricing-reaches-17000\/","title":{"rendered":"Integrated Ventures Purchases WhatsMiner Mining Equipment, Valued at $190,000 As Bitcoin Pricing Reaches 17,000"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">PHILADELPHIA<\/span>, <span class=\"xn-chron\">Nov. 17, 2020<\/span> \/PRNewswire\/ &#8212; Integrated Ventures Inc, (OTCQB:\u00a0INTV) (&#8220;Company&#8221;) is pleased to confirm this purchase and provide additional details, in regards to all recent purchases of cryptocurency mining equipment. <\/p>\n<p>The purchasing summary (Q4\/2020 thru Q1\/2021) of all mining eqipment is as follows:<\/p>\n<ul type=\"disc\">\n<li>Antminer S17Pro\/56TH \u2013 100 units (*) <\/li>\n<li>Antminer S17Pro\/73TH \u2013 72 units (*) <\/li>\n<li>Antminer Z11\/138 \u2013 5 units (*) <\/li>\n<li>Antminer S19Pro\/110TH \u2013 2 units (*) <\/li>\n<li>WhatsMiner M31\/74TH \u2013 110 units (**)<\/li>\n<\/ul>\n<p>Total Units Purchased: 289<\/p>\n<p>In total, 395 units (including previously purchased Antminer T17 and GPU powered units) will be connected by <span class=\"xn-chron\">December 15, 2020<\/span>.<\/p>\n<p>\n        <span class=\"xn-person\">Steve Rubakh<\/span>, CEO of Integrated Ventures, Inc, comments: <\/p>\n<p>&#8220;The Company is deploying recently raised capital for purchases of the mining equipment, driven by: <\/p>\n<ul type=\"disc\">\n<li>decrease in power and general operating costs <\/li>\n<li>improved profitability and efficience of the mining equipment <\/li>\n<li>recovery and recent performance of the cryptocurrency markets\u00a0 <\/li>\n<li>significant BTC purchases, reported by major institutions <\/li>\n<li>cryptocurrency sector&#8217;s maturity, positive developments and acceptance as a viable investment. <\/li>\n<\/ul>\n<p>Estimated unaudited annual mining revenues, based on BTC price of <span class=\"xn-money\">$17,000<\/span> are tracking at $950,000+ vs actual revenues of <span class=\"xn-money\">$454,170<\/span> for year 2020. <\/p>\n<p>Thus, subject to the equipment availability, the Company intends to execute purchases of the mining equipment, on bi-weekly basis, mainly relying on current and future cash flow.\u00a0We expect to deliver revenue and profitability growth and see a great potential for the M&amp;A driven business expansion opportunities, going forward&#8221;.<\/p>\n<p>(*) connected units<\/p>\n<p>(**) units to be connected by <span class=\"xn-chron\">December 15<\/span>.<\/p>\n<p>About Integrated Ventures Inc: The Company operates as Technology Holdings Company with focus on blockchain and cryptocurrency sector. For more information, please visit company&#8217;s website at <u><a target=\"_blank\" href=\"http:\/\/www.integratedventuresinc.com\/\" rel=\"nofollow noopener noreferrer\">www.integratedventuresinc.com<\/a><\/u>. <\/p>\n<p>Safe Harbor Statement: <\/p>\n<p>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 &#8220;may,&#8221; &#8220;will,&#8221; &#8220;should,&#8221; &#8220;plans,&#8221; &#8220;explores,&#8221; &#8220;expects,&#8221; &#8220;anticipates,&#8221; &#8220;continue,&#8221; &#8220;estimate,&#8221; &#8220;project,&#8221; &#8220;intend,&#8221; 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&#8217;s control.<\/p>\n<p>CONTACT: <a target=\"_blank\" href=\"mailto:sr@emsfindapp.com\" rel=\"nofollow noopener noreferrer\">sr@emsfindapp.com<\/a>, (215) 613-1111<\/p>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LN94648&amp;sd=2020-11-17\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/integrated-ventures-purchases-whatsminer-mining-equipment-valued-at-190-000-as-bitcoin-pricing-reaches-17-000--301174939.html\">http:\/\/www.prnewswire.com\/news-releases\/integrated-ventures-purchases-whatsminer-mining-equipment-valued-at-190-000-as-bitcoin-pricing-reaches-17-000&#8211;301174939.html<\/a><\/p>\n<p>SOURCE  Integrated Ventures Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LN94648&amp;Transmission_Id=202011170945PR_NEWS_USPR_____LN94648&amp;DateId=20201117\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire PHILADELPHIA, Nov. 17, 2020 \/PRNewswire\/ &#8212; Integrated Ventures Inc, (OTCQB:\u00a0INTV) (&#8220;Company&#8221;) is pleased to confirm this purchase and provide additional details, in regards to all recent purchases of cryptocurency mining equipment. The purchasing summary (Q4\/2020 thru Q1\/2021) of all mining eqipment is as follows: Antminer S17Pro\/56TH \u2013 100 units (*) Antminer S17Pro\/73TH \u2013 72 units (*) Antminer Z11\/138 \u2013 5 units (*) Antminer S19Pro\/110TH \u2013 2 units (*) WhatsMiner M31\/74TH \u2013 110 units (**) Total Units Purchased: 289 In total, 395 units (including previously purchased Antminer T17 and GPU powered units) will be connected by December 15, 2020. Steve Rubakh, CEO of Integrated Ventures, Inc, comments: &#8220;The Company is deploying recently raised capital for purchases of the mining &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/integrated-ventures-purchases-whatsminer-mining-equipment-valued-at-190000-as-bitcoin-pricing-reaches-17000\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Integrated Ventures Purchases WhatsMiner Mining Equipment, Valued at $190,000 As Bitcoin Pricing Reaches 17,000&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-383124","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Integrated Ventures Purchases WhatsMiner Mining Equipment, Valued at $190,000 As Bitcoin Pricing Reaches 17,000 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/integrated-ventures-purchases-whatsminer-mining-equipment-valued-at-190000-as-bitcoin-pricing-reaches-17000\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Integrated Ventures Purchases WhatsMiner Mining Equipment, Valued at $190,000 As Bitcoin Pricing Reaches 17,000 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire PHILADELPHIA, Nov. 17, 2020 \/PRNewswire\/ &#8212; Integrated Ventures Inc, (OTCQB:\u00a0INTV) (&#8220;Company&#8221;) is pleased to confirm this purchase and provide additional details, in regards to all recent purchases of cryptocurency mining equipment. The purchasing summary (Q4\/2020 thru Q1\/2021) of all mining eqipment is as follows: Antminer S17Pro\/56TH \u2013 100 units (*) Antminer S17Pro\/73TH \u2013 72 units (*) Antminer Z11\/138 \u2013 5 units (*) Antminer S19Pro\/110TH \u2013 2 units (*) WhatsMiner M31\/74TH \u2013 110 units (**) Total Units Purchased: 289 In total, 395 units (including previously purchased Antminer T17 and GPU powered units) will be connected by December 15, 2020. Steve Rubakh, CEO of Integrated Ventures, Inc, comments: &#8220;The Company is deploying recently raised capital for purchases of the mining &hellip; Continue reading &quot;Integrated Ventures Purchases WhatsMiner Mining Equipment, Valued at $190,000 As Bitcoin Pricing Reaches 17,000&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/integrated-ventures-purchases-whatsminer-mining-equipment-valued-at-190000-as-bitcoin-pricing-reaches-17000\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-17T14:48:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LN94648&amp;sd=2020-11-17\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/integrated-ventures-purchases-whatsminer-mining-equipment-valued-at-190000-as-bitcoin-pricing-reaches-17000\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/integrated-ventures-purchases-whatsminer-mining-equipment-valued-at-190000-as-bitcoin-pricing-reaches-17000\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Integrated Ventures Purchases WhatsMiner Mining Equipment, Valued at $190,000 As Bitcoin Pricing Reaches 17,000\",\"datePublished\":\"2020-11-17T14:48:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/integrated-ventures-purchases-whatsminer-mining-equipment-valued-at-190000-as-bitcoin-pricing-reaches-17000\\\/\"},\"wordCount\":399,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/integrated-ventures-purchases-whatsminer-mining-equipment-valued-at-190000-as-bitcoin-pricing-reaches-17000\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=LN94648&amp;sd=2020-11-17\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/integrated-ventures-purchases-whatsminer-mining-equipment-valued-at-190000-as-bitcoin-pricing-reaches-17000\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/integrated-ventures-purchases-whatsminer-mining-equipment-valued-at-190000-as-bitcoin-pricing-reaches-17000\\\/\",\"name\":\"Integrated Ventures Purchases WhatsMiner Mining Equipment, Valued at $190,000 As Bitcoin Pricing Reaches 17,000 - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/integrated-ventures-purchases-whatsminer-mining-equipment-valued-at-190000-as-bitcoin-pricing-reaches-17000\/","og_locale":"en_US","og_type":"article","og_title":"Integrated Ventures Purchases WhatsMiner Mining Equipment, Valued at $190,000 As Bitcoin Pricing Reaches 17,000 - Market Newsdesk","og_description":"PR Newswire PHILADELPHIA, Nov. 17, 2020 \/PRNewswire\/ &#8212; Integrated Ventures Inc, (OTCQB:\u00a0INTV) (&#8220;Company&#8221;) is pleased to confirm this purchase and provide additional details, in regards to all recent purchases of cryptocurency mining equipment. The purchasing summary (Q4\/2020 thru Q1\/2021) of all mining eqipment is as follows: Antminer S17Pro\/56TH \u2013 100 units (*) Antminer S17Pro\/73TH \u2013 72 units (*) Antminer Z11\/138 \u2013 5 units (*) Antminer S19Pro\/110TH \u2013 2 units (*) WhatsMiner M31\/74TH \u2013 110 units (**) Total Units Purchased: 289 In total, 395 units (including previously purchased Antminer T17 and GPU powered units) will be connected by December 15, 2020. Steve Rubakh, CEO of Integrated Ventures, Inc, comments: &#8220;The Company is deploying recently raised capital for purchases of the mining &hellip; Continue reading \"Integrated Ventures Purchases WhatsMiner Mining Equipment, Valued at $190,000 As Bitcoin Pricing Reaches 17,000\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/integrated-ventures-purchases-whatsminer-mining-equipment-valued-at-190000-as-bitcoin-pricing-reaches-17000\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-17T14:48:17+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=LN94648&amp;sd=2020-11-17","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/integrated-ventures-purchases-whatsminer-mining-equipment-valued-at-190000-as-bitcoin-pricing-reaches-17000\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/integrated-ventures-purchases-whatsminer-mining-equipment-valued-at-190000-as-bitcoin-pricing-reaches-17000\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Integrated Ventures Purchases WhatsMiner Mining Equipment, Valued at $190,000 As Bitcoin Pricing Reaches 17,000","datePublished":"2020-11-17T14:48:17+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/integrated-ventures-purchases-whatsminer-mining-equipment-valued-at-190000-as-bitcoin-pricing-reaches-17000\/"},"wordCount":399,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/integrated-ventures-purchases-whatsminer-mining-equipment-valued-at-190000-as-bitcoin-pricing-reaches-17000\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=LN94648&amp;sd=2020-11-17","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/integrated-ventures-purchases-whatsminer-mining-equipment-valued-at-190000-as-bitcoin-pricing-reaches-17000\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/integrated-ventures-purchases-whatsminer-mining-equipment-valued-at-190000-as-bitcoin-pricing-reaches-17000\/","name":"Integrated Ventures Purchases WhatsMiner Mining Equipment, Valued at $190,000 As Bitcoin Pricing Reaches 17,000 - 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