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Seeking Alpha 2022-07-06 14:01:53

Integrated Ventures inks 5 MW hosting contract for cryptocurrency mining

Integrated Ventures (OTCPK:INTV) on Wednesday announced a 5-year 5-MW collocation and hosting contract for cryptocurrency mining services with Compute North, a data center infrastructure provider.INTV CEO Steve Rubakh said the firm plans to start shipping 1575 of S19J Pro 100-104TH miners to Compute North's facility in Wolf Hollow, Texas starting Jul. 15.INTV expects full deployment to be completed by mid-Aug.The firm expects to have over 3K miners online, using over 10 MW of power.To complete the latest hosting deal, INTV secured equity-based funding of $500K.

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