Integrated Ventures Partners With Wattum Management And Bitmain For Mining Business

Integrated Ventures, an OTCQB-listed ( INTV) diversified holding company is delving in the digital currency mining business.

A new partnership with mining solutions provider Wattum Management and bitcoin mining manufacturer Bitmain is an essential part of the company’s strategic growth plan.

The company agreed to purchase 4,800 BTC mining rigs from Bitmain for $34 Million to be delivered within 12 months in equal batches starting on August 2021.

Wattum Management will host and manage INTV’s mining operations which will give the company an estimated 0.5 million TH/s  once full shipment of mining rigs is delivered in 2022.

Steve Rubakh, CEO of Integrated Ventures, Inc., provides the following commentary regarding the partnership,

“The Company is very pleased to secure this large scale purchase agreement, especially during a period of scarce supply of mining hardware. Going forward, INTV is committed to deploy any raised capital for purchases of the mining equipment. This purchase effectively  resulting in significant increase of the Company’s projected revenue growth rate.”

#SmartCrypto