Vancouver, Canada – December 29, 2020 (Investorideas.com Newswire) Cryptocurrency Media alert for Integrated Ventures Inc. (OTCQB: INTV), a company focused on acquiring, launching and operating assets in the cryptocurrency sector.
LESTIN WEALTH ASSET MANAGEMENT ANNOUNCES OWNERSHIP STAKE IN INTEGRATED VENTURES INC.
Full news https://www.lestinwealth.com/post/lestin-wealth-asset-management-announces-ownership-stake-in-integrated-ventures-inc
We are pleased to announce our acquisition as of 12.28.2020 in Integrated Ventures Inc. We believe thanks to the recent regulation and taxability of cryptocurrencies, Integrated Ventures has tremendous upside as a cryptocurrency miner, equipment manufacturer, seller of mining rigs and blockchain software. With the appreciation of crypto currency prices and Integrated Ventures’ large crypto position we expect tremendous growth.
The CEO and founder of Ark Invest, one of the biggest gainers of 2020 with its investments in Tesla and other disruptor and innovation companies has an estimate for the Bitcoin crypto currency alone to rise to $500,000 which would greatly benefit Integrated Ventures Inc. and their stock price; especially considering Bitcoin is not the only cryptocurrency held by the company.
Lestin Wealth Asset Management Research sees the growth in revenue to continue its upward trend and for the company to reach profitability by Q2 2021. As the price of bitcoin continues making record highs, with Integrated Ventures as a large holder we esteem them to be an undervalued asset.
Integrated Ventures owns and operates more than 1,000 miners that mine Bitcoin (BTC), Litecoin (LTC) and Ethereum (ETH). Mining is the process by which cryptocurrencies are created resulting in new blocks being added to the blockchain and new bitcoins being issued to the miners. Miners engage in a set of prescribed complex mathematical calculations in order to add a block to the blockchain and thereby confirm cryptocurrency transactions included in that block’s data. Miners that are successful in adding a block to the blockchain are automatically awarded a fixed number of bitcoins for their effort. To begin mining, a user can download and run the network mining software, which turns the user’s computer into a node on the network that validates blocks.
Cryptocurrency payouts are paid, and the digital currency produced is stored in a cryptocurrency wallet or sold in the open market. Payout proceeds are automatically deposited in corporate bank accounts.
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