Company: Integrated Ventures (OTCQB:INTV)
Exposure: cryptocurrency mining, bitcoin, blockchain, loan software
Features
- Cryptocurrency mining – BTC, ETH, LTC
- Expanding mining operation
- Development of blockchain financial apps
- LoanFunder software
- Market Cap – 13.6 million (as of 1/24/18)
Top reasons to be Bullish
INTV provides an ever growing mining operation paired with an aggressive move into the blockchain sector with a variety of high upside projects providing value to consumers.Top reasons to be Bearish
Fierce competition from competitors with deep pockets and near limitless resources. Share price volatility given low trading volume and minimal liquidity.
Bottom Line
INTV appears to have balls. They announce their plans and see them through in regards to mining operations. As more products are brought to market this company will compete with powerhouses to develop financial applications utilizing blockchain technology.
Research this position for exposure to the mining and hodling of three of the top market cap cryptoassets. INTV offers added potential if any of their products achieve a breakthrough. Given the large addressable markets they are seeking to tackle.
that sounds interesting.
Do they offer a kind of cloud mining for people like us or do they just mine for themselves?
nice post
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I would refer to them as a publicly funded private miner. What I mean is they raised capital in the equity markets to purchase mining equipment without being interested in becoming a service provider. So as opposed to mining on behalf of others for a fee or mining and then selling the coins to fund ongoing operations.
They raised money first. Bought the neccessary equipment for mining. So they could hold onto the proceeds of their mining expecting a rise in the value of the currencies instead of having to sell them to fund operations or deposit them directly into users wallets like a cloud provider would.
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