Integrated Ventures acquired from Bitmain 4 800 ASIC Mainers Antminer S19J-Bits Media

The American company Integrated Ventures announced the purchase 4 800 ASIC miners Antminer S19J from the Chinese manufacturer Bitmain. The transaction value was more than $34 million.

Wattum Management acted as an intermediary between Integrated Ventures and Bitmain, it will also place miners on its sites and will help start the device to work. Deliveries will begin next year - every month the company from Pennsylvania will receive 400 devices. After completion of supplies, the company's hashrate will increase by 500 000 Th / s.

Integrated Ventures is developing software, However, recently pays attention to cryptocurrencies. Now the hashrate of the company's equipment is approximately 500 000 Th / s, And after the delivery of devices, it will double. At the same time, the transaction provides for the protection of Integrated Ventures - in the event of a rate of bitcoin, the company will receive compensation.

“We are very happy to conclude this large -scale agreement, especially during the extreme deficiency of mining equipment. In the future, we plan to invest all excess funds in the purchase of such devices ", - said the General Director of the company Steve Rubakh (Steve Rubakh).

In the nearest 12 months Integrated Ventures hopes to make a profit from the amount of $19 million to $21 million. Recall, what previously about buying 42 000 Antminer S19J ASIC Mainers was announced by Riot Blockchain..