Stockholm IT Ventures AB announced that the company has officially commenced with crypto mining and production through its first mining unit, Cryptoplants, a subsidiary of Stockholm IT Ventures. The unit will serve as a demonstration of the MMC capability and its ability to scale in preparation for a more upscaled production funded by the Bytemine (BYTM) token. The fully operational, secured facility utilizes a technology that incorporates real-time information on market fluctuations to automatically switch the coins being mined to ensure the profitability of the tokens. Stockholm IT Ventures will increase the number of mining containers with advanced, next generation mining units that will deliver more power in the coming months. It is anticipated that up to 20 units could be deployed on a monthly basis in Stockholm IT Ventures existing hosting locations.