Integrated Ventures Launches Nemesis - Its Own Brand Of Bitcoin Mining Equipment
PHILADELPHIA, Sept. 29, 2017 /PRNewswire/ -- BitcoLab, Inc, a wholly owned subsidiary of Integrated Ventures, Inc, (OTC: INTVD) announced today that it has officially secured a China based manufacturing partner and launched its own line of Bitcoin Mining Equipment, under brand name of Nemesis.
Initially, the Company plans to manufacture and distribute two GPU based models: Nemesis 6G and Nemesis 8G and expects to act as an Exclusive Distributor for North America.
Estimated pricing structure is as follows:
Retail Cost: Nemesis 6G - $2,995.00, Nemesis 8G - $3,495.00.
The Specifications of Nemesis 6G and Nemesis 8G are:
Steve Rubakh, CEO of Integrated Ventures, Inc, states: "There is a significant demand for this type of equipment. Availability of inventory is not consistent and after sales service is not consistent. Thus, we believe that this business opportunity is well timed and will prove to be extremely profitable. We expect our first full shipment of 50 units to be manufactured and delivered by the end of December, upon the satisfactory testing of the initial batch of 5 units."
About Integrated Ventures, Inc: the Company is focused on acquiring, launching and operating companies, primarily in the technology, mobile applications and healthcare transportation sectors.
About BitcoLab, Inc: This wholly owned subsidiary is pursuing opportunities in the crypto currency sector with focus on bitcoin mining, hosting, pooling, manufacturing and distributing of own brand of mining equipment and the development of blockchain based applications for financial markets.
Safe Harbor Statement: The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, and various other factors beyond the Company's control.
SOURCE Integrated Ventures, Inc