Tuesday, May 04, 2021 5:17:03 PM
This is somewhat nuts and I would venture to guess it will be short lived, but any mining operation that is large enough, is also likely diversified in some of their mining machines. Many of the mining machines and pools allow the miner to do dual mining at the same time. In the past, the dual mining was negligible because you were gaining some basically worthless alt coins that had no real market value. You just kind of opened an account and let it accumulate.....
Today, I did some math and have proven that any litecoin mining operations that are dual mining (dogecoin happens to be the only available option for dual mining while mining litecoin), the dogecoin payout alone is approximately double the earnings of the litecoin mined. In other words, if INTV was 65% profitable operations on their litecoin equipment, they are currently running above 200% profitability.
I am exchanging dogecoin in for bitcoin for long term hold because I don't think it is sustainable at this rate.
On top of that, I also know INTV exchanged a lot for Chainlink which is also up huge from when they posted their purchase(s).
INTV holdings will likely surprise when they get released. Just a little bonus for those who can hold through the dip.
Good luck all
Recent INTV News
- Integrated Ventures Delivers 376% Q2-to-Q1 Growth With Revenues Of $1,728,108 vs $1,059,064. • InvestorsHub NewsWire • 02/08/2024 01:30:00 PM
- Integrated Ventures Reports Preliminary Q1/2024 Revenue Results Of $1,059,064 vs $555,365 for Q1/2022 • InvestorsHub NewsWire • 11/10/2023 01:30:00 PM
- Integrated Ventures Buys Additional Miners With Focus On $7 Million In Yearly Revenues • InvestorsHub NewsWire • 11/08/2023 01:30:00 PM
- Integrated Ventures Reports $3,862,849 In Yearly Mining Revenues With 162 Bitcoins Produced • InvestorsHub NewsWire • 09/29/2023 02:00:00 PM
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Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM
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North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM