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Integrated Ventures Will Spend $35 Million To Buy Bitcoin Mining Equipment
Summary: Integrated Ventures, a crypto mining company in Pennsylvania, USA, has signed a purchase agreement with Wattum Management, a mining management company in New York, to spend $35 million on Bitcoin mining equipment. Under the agreement, Integrated Ventures will purchase 4,800 S19J Antminers from Bitmain at a total price of $34 million, 150 WhatsMiners at a price ...
Integrated Ventures, a crypto mining company in Pennsylvania, USA, has signed a purchase agreement with Wattum Management, a mining management company in New York, to spend $35 million on Bitcoin mining equipment.
Under the agreement, Integrated Ventures will purchase 4,800 S19J Antminers from Bitmain at a total price of $34 million, 150 WhatsMiners at a price of $1 million.
From August 2021 to July 2022, Bitmain will deliver 400 miners in 12 batches each month. Integrated Ventures predicts that at least 2,000 miners will be operational by December 2021.
By Mary Liu
Tags: Bitcoin,Bitcoin Miner,Bitmain,Integrated Ventures
Link: Integrated Ventures Will Spend $35 Million To Buy Bitcoin Mining Equipment [Copy]
