Integrated Ventures is mastering mining. We are discussing the company
Mining cryptocurrencies was, is and remains, perhaps, the most profitable way to make money on digital assets. It is by processing transfers and receiving new currency units as a reward that you can get huge profits. However, unfortunately, this simple truth is understood not only by ordinary users. But also serious companies that invest huge capital in the beginning of their own mining developments. One of these was the organization Integrated Ventures, which purchased the corresponding equipment for 35 million dollars. Below we will discuss how the company’s actions will affect the industry and what you need to know about these initiatives. So let’s get started.
About the enterprise
Integrated Ventures is a fairly large American company with a technological bias. The company is engaged in the development and maintenance of high technologies. Among other things, the organization has the authority to interact with the Blockchain. Next-generation protocols are obviously of interest to advanced entrepreneurs who are gradually mastering the virtues of digital currencies. Including using mining. The total cost of the equipment purchased by the company is about $ 35 million. This is a colossal amount of money collected in partnership with another well-known company – Wattum Managment. More specifically, these companies, albeit in a commonwealth, have purchased 4,800 Antminer S19Js devices. It also purchased about 150 WhatsMiner M31S installations. This combination will allow you to maximize the range of supported cryptocurrencies and calmly interact with a variety of currency assets.
Integrated Ventures Plans
We have no doubt that the organization is serious. After the news about the beginning of the development of mining, the value of the company’s shares increased sharply. After all, the beginning of the mining of cryptocurrencies almost always promises commercial success. Especially if we are talking about such a large scale. Note that Integrated Ventures has previously shown its own interest in digital assets. For example, back in 2017, a tech enterprise was issuing its own securities backed by cryptocurrencies. So mastering mining was a logical consequence of this interest. But the question is: will such big players get in the way of ordinary users of the industry like us? Let’s figure it out.
How will the company’s actions affect the industry?
The arrival of major figures in the cryptoindustry almost always means a change in market attitudes. Indeed, now, after the connection and the start of operation of the Integrated Ventures equipment, the networks of the largest cryptocurrencies will begin to work more actively. And on the one hand, this is an obvious plus. After all, in this way, you can transfer money faster and, in general, smoothly work with a currency asset. However, the competition is growing strongly.
Nevertheless, we are confident that the arrival of such large companies is an extremely positive trend. After all, the Blockchain is fraught with many advantages and unusual features that will allow all of us to work and earn in the digital industry in peace. The main thing is an attentive approach to details, the correct setup of the equipment and the initially correct strategy of work. Only with such a courteous approach will anyone be able to compete with both Integrated Ventures and larger organizations.
We just need to follow the news of the cryptoindustry in order to stay up to date with current events from the world of high technologies and Blockchain. Stay with us. We publish only high-quality, interesting material. Thanks for attention. Good luck!