Integrated Ventures Inc (INTV)

[Imperial Whazoo]

Thanx vely vely much 4 that. Excellent link.

And here's a noteworthy item, I'd say; From that PR:
"Upon a timely delivery and full deployment, including an installation and setup, BitcoLab's Bitcoin mining operations are expected to generate approximate $1.1 million in annual revenue. Factoring in the general expenses including electricity and hosting, EBITDA from the Bitcoin Mining Operations is projected to be at $750,000 thousand per year.

.....With the recent market price of $4,250.00 per Bitcoin...."

OK, so Bitcoin hit $8375 yesterday. Thats $4125 higher, or in % terms, 97%. For simplicity, I''ll use 100%.

So, electricity is 350K & revs are 1.1 Million. So, thats roughly 1/3 of revs.

At $8375, electric would be the same cost for the units already in the numbers recited in the PR. So, assuming the 340 machines they intend to deploy, just to be conservative and give place in the thumbnailing for unexpected expenses, 340 is a little more than 2X the 160 count. So, I'm going to use 2X as my thumbnail for machine count.

Thats 4.4 revs and 700K electric, and also I'll use $400K for new hardware costs. I'll double the elec to 1.4 mill to cover the double # of machines.

Thats 4.4 mil minus 1.4 mill elec - 400K = 2.6 mill per year.

I know thats really sloppy, but I just threw it out there. Even plus or minus a chunk of change, this is a wildly profitable operation.

Imperial Whazoo