$INTV Hit $7 during the 2017 $BTC.X Rush Anticipating Much More
MINING RIG COUNT: 650 units ordered or operating as of 4/18/2018. 2500 unit capacity
INTV Partners:
Bitmain
bitmain.com/
Innosilicon
innosilicon.com/
INTV Subsidiaries:
BitcoLab
bitcolab.io/
Projected Revenues as of
BTC's current Price at the moment:
integratedventuresinc.com/single-post/2019/05/15/Revenues-Profitability-Projections-for-05152019
5/8/19 PR: INTV MULTI-YEAR_HOSTING_&_MARKETING_AGREEMENT_WITH_PETAWATT_PROPERTIES,_LLC!!!!_finance.yahoo.com/news/integrated-ventures-signs-multi-hosting-133500144.html
EXCERPT FROM LINKED PR BELOW:
Integrated Ventures Signs A Multi Year Hosting And Marketing Agreement With PetaWatt Properties, LLC
PHILADELPHIA, PA / ACCESSWIRE / May 8, 2019 / Integrated Ventures Inc (INTV) ("Company") is pleased to announce a signing of a Hosting and Marketing Agreement with PetaWatt Properties, LLC. As result, the previously contemplated transaction to acquire Erie Power, LLC has been terminated, due to (1) need for a significant capital requirements to re-start plant and build out mining infrastructure, (2) up to 6 months time line for launch of mining operations, (3) need for a significant dilution due to the recent stock pricing weakness and (4) company's ability to secure a similar deal, in terms of power cost, without any additional investment.
>The Agreement
On May 7, 2019, Integrated Ventures has signed a three-year Agreement with PetaWatt Properties, LLC, which will allow Integrated Ventures (1) to consolidate and streamline all mining operations (NC, PA and NJ) into one location, (2) to eliminate Company's lease obligations and payroll expense and (3) to lower its power costs by over 50%, thus greatly enhancing mining profitability and long-term viability.
In addition, Integrated Ventures intends to market PW's services to diversify its business by offering hosting and pool services via a la carte packages to third-party miners and market participants.
> Crypto Market Is Coming Back!
Digital currencies are an emerging asset class underpinned by blockchain, a transformational technology with use cases in virtually every industry.
After experiencing historic growth (growing from a $7 billion market cap in January 2016 to a more than $600 billion market cap by late 2017), the cryptocurrency market entered a bear phase.
However, recovery has been strong in recent months, with Bitcoin's value increasing nearly 70% from December 2018 to May 2019.
Growing Institutional interest, a low cost of mining equipment and ROI are key factors for investment at these levels.
> Business Strategy
The company has formulated and plans to execute a 6 step plan, designed to position INTV for the next bull cycle:
1. Operational Restructuring. To streamline and improve profitability of current operations, the company is switching from warehouse mining to third party hosting model, based on monthly flat fee and resulting in elimination of all major expenses such monthly lease, payroll, etc. All mining equipment (775+ rigs) is scheduled to be connected by May 30th.
2. Securing Competitive Electricity Rates. By partnering with PetaWatt, Integrated Ventures will secure access to a lowest power pricing structure.
3. Generating Cash Flow via Hosting & Mining Revenue Share Services. Integrated Ventures intends to generate significant revenue through reselling of hosting and revenue share services.
4. Locking-In Record Low Hosting Rate. Newly secured Integrated Ventures' access to the most competitive power cost, will allow the company to utilize and market one of the the most competitive hosting rates in the industry, thus driving profitability and demand for long-term hosting contracts.
5. Implementing All-In-One "Plug-and-Mine" Mining Solution. Integrated Ventures will offer clients an access to best hosting and pool rates for ASIC and GPU miners, creating a "We Work" -style turn-key mining option for miners seeking a fast market entry combined with a cost effective hosting and pool space.
6. Purchasing Discounted Mining Rigs from Secondary Markets. Integrated Ventures will keep costs low by purchasing equipment on the secondary market, a strategy that was not possible when the market was in its infancy.
INTV Partners:
Bitmain
bitmain.com/
Innosilicon
innosilicon.com/
INTV Subsidiaries:
BitcoLab
bitcolab.io/
Projected Revenues as of
BTC's current Price at the moment:integratedventuresinc.com/single-post/2019/05/15/Revenues-Profitability-Projections-for-05152019
5/8/19 PR: INTV MULTI-YEAR_HOSTING_&_MARKETING_AGREEMENT_WITH_PETAWATT_PROPERTIES,_LLC!!!!_finance.yahoo.com/news/integrated-ventures-signs-multi-hosting-133500144.html
EXCERPT FROM LINKED PR BELOW:
Integrated Ventures Signs A Multi Year Hosting And Marketing Agreement With PetaWatt Properties, LLC
PHILADELPHIA, PA / ACCESSWIRE / May 8, 2019 / Integrated Ventures Inc (INTV) ("Company") is pleased to announce a signing of a Hosting and Marketing Agreement with PetaWatt Properties, LLC. As result, the previously contemplated transaction to acquire Erie Power, LLC has been terminated, due to (1) need for a significant capital requirements to re-start plant and build out mining infrastructure, (2) up to 6 months time line for launch of mining operations, (3) need for a significant dilution due to the recent stock pricing weakness and (4) company's ability to secure a similar deal, in terms of power cost, without any additional investment.
>The Agreement
On May 7, 2019, Integrated Ventures has signed a three-year Agreement with PetaWatt Properties, LLC, which will allow Integrated Ventures (1) to consolidate and streamline all mining operations (NC, PA and NJ) into one location, (2) to eliminate Company's lease obligations and payroll expense and (3) to lower its power costs by over 50%, thus greatly enhancing mining profitability and long-term viability.
In addition, Integrated Ventures intends to market PW's services to diversify its business by offering hosting and pool services via a la carte packages to third-party miners and market participants.
> Crypto Market Is Coming Back!
Digital currencies are an emerging asset class underpinned by blockchain, a transformational technology with use cases in virtually every industry.
After experiencing historic growth (growing from a $7 billion market cap in January 2016 to a more than $600 billion market cap by late 2017), the cryptocurrency market entered a bear phase.
However, recovery has been strong in recent months, with Bitcoin's value increasing nearly 70% from December 2018 to May 2019.
Growing Institutional interest, a low cost of mining equipment and ROI are key factors for investment at these levels.
> Business Strategy
The company has formulated and plans to execute a 6 step plan, designed to position INTV for the next bull cycle:
1. Operational Restructuring. To streamline and improve profitability of current operations, the company is switching from warehouse mining to third party hosting model, based on monthly flat fee and resulting in elimination of all major expenses such monthly lease, payroll, etc. All mining equipment (775+ rigs) is scheduled to be connected by May 30th.
2. Securing Competitive Electricity Rates. By partnering with PetaWatt, Integrated Ventures will secure access to a lowest power pricing structure.
3. Generating Cash Flow via Hosting & Mining Revenue Share Services. Integrated Ventures intends to generate significant revenue through reselling of hosting and revenue share services.
4. Locking-In Record Low Hosting Rate. Newly secured Integrated Ventures' access to the most competitive power cost, will allow the company to utilize and market one of the the most competitive hosting rates in the industry, thus driving profitability and demand for long-term hosting contracts.
5. Implementing All-In-One "Plug-and-Mine" Mining Solution. Integrated Ventures will offer clients an access to best hosting and pool rates for ASIC and GPU miners, creating a "We Work" -style turn-key mining option for miners seeking a fast market entry combined with a cost effective hosting and pool space.
6. Purchasing Discounted Mining Rigs from Secondary Markets. Integrated Ventures will keep costs low by purchasing equipment on the secondary market, a strategy that was not possible when the market was in its infancy.
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