Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
it was closer to .88 but who's watching..
that's nothin anyway, I once saw a ticker dilute from $6.80 to under 01
and bought it all the way down...
INTV!
LOL and ended up purchasing 16 million $ worth of mining machines... its one thing to dilute shareholders and get nothing in return. Shareholders now own a mining company, and I have already shown the revenue guidance once all those machines are humming along.
Nature of the beast, another stock in the ev cobalt sector has an ATM program going on right now. Some short sighted investors are pissed because they are like toddlers wanting instant gratification, but they are building an immense operation and patience is needed.
Others with patience see the assets being built up for future operations. I see the same with INTV, yes it sucks buying at the top happens to everyone at some point. Be prudent investor and mitigate the risks of a fundraise by accumulating prudently.
Here however we are looking at a discounted price to book value for INTV, so for older investors looking to average down they have an opportunity, or those that sold for profit have an opportunity to regain shares, new investors have an opportunity for a great entry imo.
Dont forget another cherry on top... Bitmain payments of about 400k monthly are stopping soon am I right?
Compute North facilities are behind the meter, anyone who understands this knows that those sources of energy come from renewables. The operators of those renewable sources are billing out in INTV's case at 0.06 per kwh.
Anyone who understands anything about behind the meter electricity usage knows that it is used and billed before it gets to the public utility grids.
I guess some out there need more time to load
$INTV
Look at the 1 year chart here... This is what the CEO has done for shareholders! Diluted it from 60 cents to 4 cents!
Actually the INTV Accountant is constantly screwing shareholders here with the CEO!! This CEO has done nothing for shareholders but mislead them. This CEO and his Accountant have no clue on simple data center operations cost.
INTV's accountants havent made any public declarations
M&K CPAS, PLLC
363 North Sam Houston Parkway East
Suite 650
Houston, TX 77060
www.mkacpas.com
LOLOL you havent called anything
I CALLED IT! JUST AS I SAID that Press Release just turned out to be a PUMP snd DUMP by the Accountant and CEO! I posted this the other day... still the ceo cant respond to the most simple questions.
CEO/Accountant state "PLANS to START Shipping" DOES NOT even provide a target date to have these miners in operation and producing revenue. With the global backlog of goods and even several articles pointing at the backlog of shipping miners being 7+ months a "PLAN to Start" shipping means nothing! If the CEO has evidence they will all be shipped within the time frame then show pictures of them arriving at the site. Just like Tioga is was announced in Oct 2021 and still not online after 10 months, these new miners would be lucky to be online in the next year. Until then the cash burn will continue to increase and they will have to continue to dilute to pay bills, especially if BTC price stays int his range.
Is the electrical infrastructure for a full 10mW operation actually already in place or does it have to be constructed. The lead time on power distribution gear is 60 weeks for a simple setup.
Seriously underestimates the cost of electricity, no wonder why this CEO and Accountant are burning through cash, they have no clue the true operating cost of the data centers. Press Release Claims a average cost of electricity at 6 cents, but actually neglects to say what is 6 cents because the guy is a idiot. Ill assume the CEO meant 6 cents kWh which is a industry standard. The three states mentioned:
NE 8.97 cents/kWh
TX 8.36 cents/kWh
PA 9.7 cents/kWh
Average 9.1 cents/kWh
To give INTV the benefit of the doubt, lets say that the actual cost of electricity with a substantial discount brings it down to 7.5cents kWh. That 1.5 cent/kWh difference would still increase the yearly operational cost from $5.25million to $6.57million for that simple 1.5cent miscalculation adding $1.3 Million to the bottom line cost of operation. Then oh my... If they actually paid the average price without discount it would bring the yearly electricity cost to $7.97million adding a unexpected $2.7million to the electricity cost.
https://neo.ne.gov/programs/stats/inf/204.htm
This CEO should have had someone else other than his accountant read the press release.
In all reality this is garbage and is missing all the definite criteria that investors want to know:
(1) When the miners will all be powered up and actually mining/producing revenue?
(2) What is the true operating cost?
(3) What is our profit going to be?
Seems the 200k or so wall is gone off the ask (got their out? with the bidder), could be light if it starts moving up from here.
Good thing that INTV is diversifying locations.
Agree mainly, except if there is no electricity to run the machines, then there are no coins being mined. That is a problem.
IMO INTV and the other bitcoin stocks are not about electricity, they're all about bitcoin bear market. When bitcoin changes direction bitcoin stocks will be all about bitcoin bull market and again not electricity or other distractions. Bitcoin is strictly a teriffic money making machine in both directions. It's so easy you don't have to hit tops or bottoms. The trend is your friend until the end.
Have read 3 articles today about the electric grid in Texas being on the brink because of the weather. And they're stating most of the big miners will be or already have shut down most of their miners. Letting that electricity to go back to the grid for now.
How or is this going to affect our shipment of miners heading there? Will the miners just sit idle? Or is our agreement with Compu-North covered and we're fully set for operation once rigs are up?
Pretty cool, HAM radio sends BTC transaction.
https://www.coindesk.com/markets/2019/03/04/bitcoin-coders-send-international-lightning-payment-over-ham-radio/
No amount of bolded CAPITAL scary red text can say this was a bad week. Looking up lets see what next week brings!
Steady BUYs all week!
Also price to book value ratio is 0.77 for this stock. People buying here are buying at a discount to book value.
Price/Book (MRQ) 0.77x (per TDA)
Have a great weekend.
Bid strong and moving up. 163000 on 0.04.
21.9k BTC price nets INTV about 376k profit per month UP from 340k yesterday.
Exponential if BTC keeps rising.
https://www.coinwarz.com/mining/bitcoin/calculator?h=283550&p=9718400&pc=0.06&pf=1&d=29152798808272.00000000&r=6.25000000&er=1&btcer=21913.75520000&ha=TH&hc=17999.99&hs=-1&hq=1
Agree totally on long play, I'm holding just under 1M shares, praying for just that.
but $150K on $500K for 6 months is a 60% apr. Loan shark terms. So I'm hoping I'm reading that wrong, I'm not a financial guru when it comes to that part of the equation. We are still a startup basically, and hard times are still here, so these huge loans terms are costly when any extra monies could be going towards buying more machines.
Steve's not a stupid man, so I'm sure this was the best that could be done to lock up the 5-year plan now. Maybe the $130K just needed to be paid up front, instead of spreading over 5 years. If that's the case, then the 60% would drop to 12.5% which makes much more sense. Again, all of this is above my pay grade.
Would really like to see our current mining numbers and projected once the transfer of machines is completed.
Good day to all.
I don't really care about the loan terms. We mine BTC and will easily pay off the loan in advance if INTV chooses too.. it's peanuts.. 3000 plus machines across 3 farms and growing. It's generated profits the last 3 qtrs and it's growing. Don't lose site of the bigger picture here.
Ive got to be reading the 8k wrong? $500k loan agreement for 5 yrs agreement. But has a $130k interest payment to cover thru 12/22? Plus 2M shares pledged? In case of default interest rate goes to 18%? Isnt $130K in interest for 6 months on a $500K loan a hell of a lot more than 18% annual rate?
Anyone with better understanding, please help on this one.
Good day to all.
EVERYTHING $INTV is tangible. ANYONE can visit a location to physically touch whats been Press released 8k'd and touted.
https://www.sec.gov/cgi-bin/browse-edgar?company=lightcollar&match=contains&action=getcompany
Not so with that other PIG.
Thats the difference to recognize
Any mention of even the tinyest insider buying at INTV(who is Jane)? No, not yet , 3 cents still too high huh? Speaks volumes. Follow the money not the bs.
Seriously what is TANGIBLE here? Nothing was actually answered, this is just another misleading press release!
CEO/Accountant state "PLANS to START Shipping" DOES NOT even provide a target date to have these miners in operation and producing revenue. With the global backlog of goods and even several articles pointing at the backlog of shipping miners being 7+ months a "PLAN to Start" shipping means nothing! If the CEO has evidence they will all be shipped within the time frame then show pictures of them arriving at the site. Just like Tioga is was announced in Oct 2021 and still not online after 10 months, these new miners would be lucky to be online in the next year. Until then the cash burn will continue to increase and they will have to continue to dilute to pay bills, especially if BTC price stays int his range.
Is the electrical infrastructure for a full 10mW operation actually already in place or does it have to be constructed. The lead time on power distribution gear is 60 weeks for a simple setup.
Seriously underestimates the cost of electricity, no wonder why this CEO and Accountant are burning through cash, they have no clue the true operating cost of the data centers. Press Release Claims a average cost of electricity at 6 cents, but actually neglects to say what is 6 cents because the guy is a idiot. Ill assume the CEO meant 6 cents kWh which is a industry standard. The three states mentioned:
NE 8.97 cents/kWh
TX 8.36 cents/kWh
PA 9.7 cents/kWh
Average 9.1 cents/kWh
To give INTV the benefit of the doubt, lets say that the actual cost of electricity with a substantial discount brings it down to 7.5cents kWh. That 1.5 cent/kWh difference would still increase the yearly operational cost from $5.25million to $6.57million for that simple 1.5cent miscalculation adding $1.3 Million to the bottom line cost of operation. Then oh my... If they actually paid the average price without discount it would bring the yearly electricity cost to $7.97million adding a unexpected $2.7million to the electricity cost.
https://neo.ne.gov/programs/stats/inf/204.htm
This CEO should have had someone else other than his accountant read the press release.
In all reality this is garbage and is missing all the definite criteria that investors want to know:
(1) When the miners will all be powered up and actually mining/producing revenue?
(2) What is the true operating cost?
(3) What is our profit going to be?
This is what TANGIBLE developments look like. Tell Dan, maybe he'll learn how to be a successful CEO
“Starting on July 15th, Integrated Ventures plans to start shipping, 1575 of S19J Pro 100-104TH miners, which were recently purchased from Bitmain, to the Compute North newest facility, located in Wolf Hollow, Texas. This is a second transaction between, INTV and Compute North. INTV expects the full deployment to be completed by the middle of August. Between 3 hosting locations in NE, TX and PA, the Company expects to have over 3,000 miners online, with average electricity cost under 6 cents and total power of 10MW+
https://www.integratedventuresinc.com/single-post/integrated-ventures-expands-its-mining-operations-by-signing-5yr-5mw-hosting-dea-with-computenorth
🚨 Milestone alert - all 163 containers have been installed in Granbury, Texas! pic.twitter.com/izlYhENrUN
— Compute North (@computenorthllc) July 7, 2022
8k is out check filings.
Thought we might get the 8K today since Steve had said it'd be yesterday, but the PR for Tues came out yesterday. So was guessing a day late on the 8K too.
Shocked we were down today with all the other miners have great days. Fingers crossed we're just lagging and tomorrow will be a big run for us. Which seems to be the norm.
Sure thing, you're welcome!!! Ill be making them weekly from this point on, you can always take those numbers at anytime and paste them here:
https://www.cryptocompare.com/mining/calculator/btc?HashingPower=283550&HashingUnit=TH%2Fs&PowerConsumption=9718400&CostPerkWh=0.06&MiningPoolFee=1
Very clear video of the completion of operation on intv's twitter page.
Recent aerial imagery (blurry) of the progress on the 163 containers installed by Compute North!
Location of the newly installed containers
I agree with both of you. I'm in it for the long haul. Let's go INTV!
Love the calculations DT. I woke up this morning and started to try and do them, but it's way above my pay grade. Then I click on here and you've done. A million thanks.
At BC price levels we're making a nice tidy profit, so with an easy jump to $40K all the additional should go directly to profit as the rest of the calcs should be somewhat set. I'm getting a tingly feeling for the next couple years.
I am curious for the 8K though. It'll be interesting to see how much of the profit goes straight to Steve. Last time a whole lot of it did and it left a sour taste. I don't begrudge him making a nice income, he deserves it, but no way he deserved what he got. Not for a startup company. All in my opinion, but I know others felt the same as well.
Thanks again for the calculations.
Good day to all.
Today is a good day, been starting to get onto reddit more and more, and r/pennystocks has some decent restrictions on who can post etc.
Today I am allowed to post and not just comment.
https://www.reddit.com/r/pennystocks/comments/vtlzzi/intv_miner_calculation_estimates_as_of_today/
I like profits. Let's keep making them and grow them.. Everything else will take care of itself..
LOL I feel a few here are selling and wasting their shares down here to make a point for their own egos, go ahead sell em. This company has a bright future.
Price estimates are insanely BULLISH!!!!
Profit per month 360k as of today price point.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169336821
Except that they are profitable and making money, sorry you bought at top (no im not).. average down, hold or capitulate are your options. FOH with your scam calls, as you can plainly see they are executing, and profitable.
For investors who were patient and prudent this is an amazing opportunity... and if BTC keeps rising that profit estimate I just posted will be insanely higher as/if BTC goes higher.
$INTV Miner Calculation Estimates as of today.
Lets do an estimate of all miners that INTV will be running, which will amount to about 3000 miners. Profit estimates at the bottom.
1576 - S19 Pro (from recent PR ComputeNorth deal)
https://www.computenorth.com/
Other Miners they currently have from my estimates that are or will operate in NE and Tioga:
300 Avalons/model 1166Pro/assorted 75TH-82TH
150 WhatsMiners/model M31S/82TH
250 Avalons/model 1166Pro/75TH-82TH
approx: 724 more S19 Pro models from what I can tell from website, and investor presentations.
Thats 3000 miners.
Total estimated hashing power of INTV combined above:
2300 S19 TH total: 100TH * 2300 = 230,000 combined TH
550 Avalons TH total: 75TH * 550 = 41,250 combined TH
150 WhatsMiners TH total: 82TH * 150 = 12,300 combined TH
Total estimated TH = 283,550
Costs kwh
S19 3200 watts per machine x 2300 machines = 7,360,000 watts
Avalon 3400 watts per machine x 550 = 1,870,000 watts
WhatsMiners 3256 watts per machine x 150 = 488,400 watts
Total mining operational wattage: 9,718,400 watts total.
PROFIT ESTIMATE Now the fun part the $INTV profit estimate of BTC price as of today:
Lets assume pool fee 1%
Cost per kwh: $0.06
PROFIT PER MONTH as of today: 340k per month.
This SCAM has been regurgitating the same BS PR's and game changing deals for 7 years now
Exactly and precisely why the dinosaurs are wrong nearly 100% of the time.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169292021
Says who Jim Cramer LMAO.... hes is the kings fool.
Contagion will be contained potentially with acquisitions across the board. BTC is being adopted now by institutions, and the IBS even told banks worldwide to put BTC on their balance sheets.
If anything this is the spring board for which the institutions, will make their way into the system and integrate themselves into this.
I also love chartists, considering the most epic rally any asset or commodity or currency depending on how you look at BTC would defy almost all norms.
The overwhelming feature of the bitcoin chart is a series of lower highs and lower lows. Bear market rallies can occur at any time and not only is this a bear market it is a papa-bear market.
That makes sense and nice chart. Looking for an upswing..
BTC rounding out the bottom of the support zone here... Double bottom potentially done, and now looking to test higher.
BTC looking to retest higher? If unprofitable exchanges, and custodians are bought up and recapitalized there will be less urgent need to sell BTC to pay creditors.
GS, IBS, and many countries are now looking to put a portion of BTC now on their balance sheets. The institutional wave is coming.
Next Fibo bitcoin support zone is around 14k with more substantial support around 8k. Let's see if it can hold this time.
10MWs of power would power about 12,000 homes in California.. I like the size of this in the news release... That's Expansion alrighty..
https://finance.yahoo.com/news/integrated-ventures-expands-mining-operations-130000324.html
Sometimes $INTV's CEO has a way of making people look stupid
MPIDs starting to move and shake the tree a bit.... looking for some good eod slaps.
Qty: 121 units
Models: M31S and M32S
Hashing Range: 66th-80th
Total Value: $349,329.00 (paid in full)
Average Cost Per Unit: $2,887.00
Projected Daily Revenues: $1,800.00
Delivery Timeline: estimated arrival by 02/20/21
******************************************************************************
600 Miners purchased 3-1-21
Model: Avalon 1246
Hashing Rate: 90TH
Qty: 600
Total Cost: $2,713,000 + shipping
Delivery Schedule: 300/March, 50/May, 250/August.
$INTV
Integrated Ventures Signs 3 Year Colocation Agreement With Compute North, LLC
https://www.integratedventuresinc.com/single-post/integrated-ventures-signs-3-year-colocation-agreement-with-compute-north-llc
Compute North TIER 0™ Data Centers info
https://www.computenorth.com/facilities/
https://www.youtube.com/watch?v=qwzCr1xwkog
Update as of 3-12-2021
MINER DELIVERY UPDATE 4-12-21
Below is detailed shipping schedule for all in-coming mining equipment for the rest of 2021:
300 Avalons/model 1166Pro/assorted 75TH-82TH - April delivery
150 WhatsMiners/model M31S/82TH - May delivery
200 Antminers/model S19JPro/100TH - August delivery
250 Avalons/model 1166Pro/75TH-82TH - August delivery
200 Antminers/model S19JPro/100TH - September delivery
200 Antminers/model S19JPro/100TH - October delivery
200 Antminers/model S19JPro/100TH - November delivery
200 Antminers/model S19JPro/100TH - December delivery.
As of 4-12-21
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |