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Integrated Ventures Reaches An Important Operational Milestone With Installation Of Its 100th Mining Rig


News provided by

Integrated Ventures, Inc.

Dec 12, 2017, 08:30 ET

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PHILADELPHIA, Dec. 12, 2017 /PRNewswire/ -- Integrated Ventures, Inc., (OTCQB: INTV) is pleased to announce that as of 12/11/2017, the Company has successfully reached the following operational milestones:

  • The number of connected and revenue generation mining rigs has reached 104
  • Mining revenues up to date stand at $34,000 
  • Sales of mining equipment have reached $21,700.00
  • Installation of remaining mining units scheduled to be completed by 12/18/2017.

Steve Rubakh, CEO of Integrated Ventures, Inc., comments: "In less than three weeks, since the launch of our cryptocurrency operations on 11/22/2017, the Company has generated revenues in excess of $55,700 which equates to the annual revenues of $668,400. We have been following and executing our diversified mining strategy which has been validated by the market activity with BTC, ETH and LTC reaching all time high prices. We believe the Company is in a great position and on target to deliver significant returns to its shareholders and investors."

About Integrated Ventures, Inc: the Company is focused on acquiring, launching and operating  companies in the cryptocurrency sector, mainly in digital currency mining, an equipment manufacturing, sales of branded mining rigs as well as blockchain software development.

  • For more details about please visit www.integratedventuresinc.com.

About BitcoLab: This majority owned subsidiary is pursuing opportunities in cryptocurrency sector with focus on bitcoin mining, hosting, pooling, manufacturing and distributing of own brand of mining equipment and the development of blockchain based applications for financial markets.

  • For more details about BitcoLab, Inc , please visit www.bitcolab.io.

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.

SOURCE Integrated Ventures, Inc.

Related Links

http://www.integratedventuresinc.com

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