Integrated Ventures, Inc. Signs Multi Year Colocation Agreement with Wattum Management
May 20, 2021 at 10:00 am EDT
Share
Integrated Ventures, Inc. confirmed the execution of a 24-month colocation and hosting contract for cryptocurrency mining services with Wattum Management, Inc. The official operations have been launched on 05/15/2021, with 100 WhatsMiners being currently connected and generating an estimated $60,000, in monthly revenues. The container facility is located in Kennerdel, PA with power being supplied by large power plant. This deal is expected to reduce direct mining operational costs, maximize and optimize hash rate and provide growth and expansion opportunities for INTV.
Integrated Ventures, Inc. is a diversified holdings company, which develops, acquires, operates, and invests in businesses, focused on e-commerce, entertainment, information technology, data center design and cryptocurrency mining. The Company focuses on blockchain applications, information technology, cryptocurrency mining which includes mining, design, management, and operation of the data centers and power plants. Its operations include consist of cryptocurrency mining and retail sales of the mining equipment.