Eatontown, NJ, Dec. 07, 2021 (GLOBE NEWSWIRE) — Investview, Inc. (OTCQB: INVU), a diversified monetary know-how firm that by way of its subsidiaries and world distribution community supplies monetary know-how, schooling instruments, content material, analysis, and administration of digital asset applied sciences with a give attention to Bitcoin mining and the brand new era of digital belongings, pronounces its manufacturing and operational updates, together with its Bitcoin (“BTC“) manufacturing for November 2021.
November 2021 BTC Manufacturing and Digital Asset Holdings
- Gross Income of $2.1 million, up 46% Yr-Over-Yr November
- Gross Revenue of $1.6 million, up 90% Yr-Over-Yr November
- Gross Revenue Margin of 76%
- Bitcoin Mined over 19 months interval ending November 2021, 1,200.18 BTC
- As of November 30, 2021, Investview holds over 37.95 BTC
- As of November 30, 2021, Investview holds over 75,129.23 NDAU
Operations Replace and Announcement of SAFETek’s New Cellular Mining Information Middle Trailer Product Providing
In October, SAFETek accomplished the strategic relocation of 1,500 Bitcoin ASIC miners to a brand new greater high quality and decrease value internet hosting facility. Throughout this relocation course of, these mining servers have been cleaned and up to date to optimize efficiency at SAFETek’s Bitcoin Miner Restore Facility in Texas. SAFETek additionally repaired and put in a further 700 Bitcoin miners by way of our Restore facility. Mixed, these relocated and repaired miners will generate almost 77 Petahash (“PH”) of mining capability which, at present Bitcoin costs and issue ranges, will generate an estimated $830,000 in gross income and $650,000 in gross revenue in December.
SAFETek continues to make progress on the restore of almost 2,800 further Bitcoin ASIC miners which can be being consolidated at SAFETek’s Texas Restore facility. SAFETek’s Restore Technicians and Engineers are deploying an enhanced Meeting Line Course of utilizing new and revolutionary restore methods and supplies to speed up the restore, refurbishment, and reinstallation of those mining servers again into manufacturing over the following two months. When absolutely deployed, these refurbished Bitcoin miners are anticipated to extend manufacturing by almost 110 PH which, at present Bitcoin costs and issue ranges, is estimated to generate an estimated $1,130,000 in further gross income and $880,000 in further gross revenue.
SAFETek additionally pronounces the event and development of recent cellular industrial turn-key Bitcoin Mining Information Middle Trailers. These cellular industrial information facilities shall be used internally by SAFETek and also will be made obtainable on the market or lease to different industrial Bitcoin mining operators. The primary two cellular mining information facilities are at present underneath development with the primary information middle unit anticipated to be prepared for deployment or sale earlier than the top of December, 2021. These industrial turn-key mining information facilities are on wheels with air-ride suspension and 45,000 lb. heavy load capability, so they’re absolutely cellular and have the capability to carry not less than 768 “s19″ or ”s17” sort Bitcoin Miners with a complete potential energy capability of two.75 MW every.
Rob Walther, SAFETek’s EVP of Crypto operations commented that ” SAFETek is worked up to construct and deploy these state-of-the-art cellular Bitcoin mining information middle trailers that can allow SAFETek and our prospects to uniquely entry low value and renewable power sources in a well timed and inexpensive approach. These cellular mining information facilities are being constructed utilizing solely licensed electrical parts to make sure the uptime, reliability, and safety of the extremely invaluable ASIC mining server techniques. The extra internet hosting capability supplied by these trailers will allow SAFETek to proceed to efficiently develop our personal mining capability and income in 2022. The development and sale of those cellular information middle techniques to different industrial mining operators may also add one other nice line of enterprise income to SAFETek over the following few years. SAFETek expects to start accepting orders for Cellular Mining Information Facilities in January 2022.”
Word: The numbers included on this launch are preliminary anticipated outcomes and are un-audited and will differ from numbers reported in our SEC filings attributable to compliance with US GAAP and are topic to last evaluate by the Firm’s impartial auditors. Remaining audited monetary statements might be present in our annual SEC Kind 10-Ok filings.
About Investview, Inc.
Investview, Inc. is a diversified monetary know-how and world distributor group that operates by way of its subsidiaries to offer monetary schooling instruments, content material, analysis, and administration of digital asset know-how that mines cryptocurrencies, with a give attention to Bitcoin mining and the following era of digital belongings. Investview – driving decentralization of schooling and finance by way of a dedication to blockchain know-how. For extra data on Investview and its household of wholly owned subsidiaries, please go to: www.investview.com.
All statements on this launch that aren’t primarily based on historic truth are “forward-looking statements” throughout the that means of Part 27A of the Securities Act of 1933 and Part 21E of the Securities Change Act of 1934. Ahead-looking statements, that are primarily based on sure assumptions and describe our future plans, methods, and expectations, can usually be recognized by way of forward-looking phrases resembling “consider,” “anticipate,” “might,” “ought to,” “might,” “search,” “intend,” “plan,” “objective,” “estimate,” “anticipate” or different comparable phrases. These forward-looking statements are primarily based on Investview’s present beliefs and assumptions and data at present obtainable to Investview and contain recognized and unknown dangers, uncertainties and different elements which can trigger the precise outcomes, efficiency, or achievements of the corporate to be materially completely different from any future outcomes, efficiency or achievements expressed or implied by these forward-looking statements. Extra data on potential elements that might have an effect on Investview’s monetary outcomes is included occasionally in Investview’s public experiences filed with the U.S. Securities and Change Fee (the “SEC”), together with the Firm’s Annual Report on Kind 10-Ok, Quarterly Experiences on Kind 10-Q, and Present Experiences on Kind 8-Ok. The forward-looking statements made on this launch converse solely as of the date of this launch, and Investview, Inc. (“INVU”) assumes no obligation to replace any such forward-looking statements to mirror precise outcomes or modifications in expectations, besides as in any other case required by legislation.
Contact: Mario Romano
Cellphone Quantity: 732.889.4308
Electronic mail: [email protected]