SAFETek, Investview’s (INVU) main Bitcoin mining subsidiary opens state-of-the-art ASIC mining restore heart in Conroe, Texas, USA providing Crypto Miners within the US and North America the power to have their ASIC mining rigs repaired and optimized regionally, saving vital money and time. The opening of the brand new Texas facility will allow SAFETek to quicken the tempo of innovation and roll out its mining manufacturing models on the pace and scale wanted to stay extremely aggressive.

Eatontown, NJ, July 20, 2021 (GLOBE NEWSWIRE) — Investview, Inc. (OTCQB: INVU), a diversified monetary know-how firm that by its subsidiaries and world distribution community offers monetary know-how, training instruments, content material, analysis, and administration of digital asset applied sciences with a deal with Bitcoin mining and the brand new technology of digital belongings, at present introduced the opening of its new SAFETek state-of-the-art ASIC Bitcoin miner business restore, gross sales, and digital-asset administration network-operations-center (NOC)facility in Texas USA.

Investview by its subsidiary SAFETek (safeteksolutions.com), a number one Bitcoin cryptocurrency mining operator has opened and can function an impartial business ASIC miner restore facility and digital-asset administration Community-Operations-Middle (NOC) in Texas.

“We opened this new state-of-the-art ASIC restore facility as a part of our general imaginative and prescient to help and streamline our personal SAFETek mining operational effectivity whereas offering a lot wanted restore providers to different Crypto Miners. We count on the brand new facility will allow SAFETek and our clients to tremendously improve the effectivity and uptime of their mining operations by as a lot as 30% over time and can prolong the life-expectancy of mining gear a few years into the longer term. Such operational effectivity enhancements are anticipated to translate into vital ROI for the Firm and our clients” mentioned Rob Walther, SAFETek EVP of Crypto Operations.

The brand new facility grew to become absolutely operational on Might 14^th, 2021 and is designed to allow SAFETek to course of and restore greater than 200 ASIC bitcoin miners per day. Texas would be the hub for SAFETek’s provide chain, restore heart and network-operations-center. The brand new mixed 20,000 sq ft (10,000 sq ft under-roof/ 10,000 sq ft exterior) facility has been developed on roughly 1.75 acres and is positioned within the Houston metropolitan space.

Moreover, the brand new facility was additionally designed to incorporate a self-hosting operation for SAFETek’s mining and testing, which is able to working and testing 100+ miners at a time.

”The opening of the brand new Texas facility may also allow SAFETek to analysis and develop a wide range of modern mining internet hosting, software program and cooling applied sciences for elevated mining manufacturing and effectivity. This can assist SAFETek stay extremely aggressive and on the cutting-edge of mining know-how” mentioned Joe Cammarata, Investview CEO.

”We count on the brand new enterprise to be instantly accretive to Investview’s income, earnings per share, and free money move within the 2nd quarter of fiscal ‘22. We additionally challenge that between now and 2030, the brand new enterprise will proceed to tremendously profit from elevated demand for ASIC miners and required restore providers within the US, and North America” added Joe Cammarata, Investview CEO.

There’s scarcity of mining gear spurred by the latest rise in BTC pricing which has attracted new miners and elevated want for current miners. There’s nice stress on ASIC foundries and producers for brand new mining gear the place estimated wait instances are at the very least six months. Because of this, there was as a lot as a 200% value improve within the secondary market.

SAFETek seeks to resolve this rising downside by offering restore providers for current mining gear all through the U.S. and North America. There are a whole bunch of hundreds of Bitcoin and Ethereum mining rigs experiencing excessive failure charges, creating an ever-growing demand for restore providers, which SAFETek can now tackle.

“SAFETek providers will allow Crypto Miners the power to effectively have their ASIC miner machines repaired with native reconditioned elements whereas lowering the numerous downtime and expense of sending mining machines again to China. Additional, by offering these restore and administration providers to crypto miners and internet hosting companies, we purpose to foster a extra collaborative surroundings wanted for the worldwide help and adoption of crypto currencies” added Rob Walther, SAFETek EVP of Crypto Operations.

Whereas SAFETek provides a dependable restore service in Texas, the service group is able to journey all through North America and past to satisfy set up, upkeep and restore wants for ASIC miners.

The brand new state-of-the-art facility offers licensed engineers who can promptly diagnose issues and restore gear with authentic elements. Model fashions supported for restore are: Bitmain, Innosilicon, Canaan, and Whatsminer ASIC mining machines.

In the end, the brand new SAFETek restore facility and Community Operations Middle in Texas is aimed to help Miners to:

• Improve and keep mining hashrate and profitability.
• Cut back downtime by permitting repairs to occur in North America, avoiding lengthy worldwide transport delays.
• Considerably cut back restore prices.
• Optimize and improve mining server operation, monitoring, administration, help and efficiency.

“This announcement marks one other milestone step for Investview as our firm continues its sturdy enterprise momentum throughout all our enterprise verticals to realize our enterprise goals,” acknowledged Joe Cammarata, CEO.

To study extra about SAFETek providers, please go to safeteksolutions.com

About Investview, Inc.

Investview, Inc. is a diversified monetary know-how and world distributor group that operates by its subsidiaries to supply monetary training instruments, content material, analysis, and administration of digital asset know-how that mines cryptocurrencies, with a deal with Bitcoin mining and the technology of digital belongings. For extra data on Investview and its household of wholly owned subsidiaries, please go to: www.investview.com.

Ahead-Trying Statements

All statements on this launch that aren’t primarily based on historic truth are “forward-looking statements” throughout the which 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,” “count on,” “might,” “ought to,” “may,” “search,” “intend,” “plan,” “aim,” “estimate,” “anticipate” or different comparable phrases. These forward-looking statements are primarily based on Investview’s present beliefs and assumptions and knowledge at the moment obtainable to Investview and contain identified and unknown dangers, uncertainties and different elements which can trigger the precise outcomes, efficiency, or achievements of the corporate to be materially totally different from any future outcomes, efficiency or achievements expressed or implied by these forward-looking statements. Extra data on potential elements that would have an effect on Investview’s monetary outcomes is included infrequently in Investview’s public reviews filed with the U.S. Securities and Change Fee (the “SEC”), together with the Firm’s Annual Report on Type 10-Okay, Quarterly Studies on Type 10-Q, and Present Studies on Type 8-Okay. The forward-looking statements made on this launch communicate 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 regulation.

Contacts

Investor Relations
Contact: Arthur Rome
Cellphone Quantity: 732.889.4308
Electronic mail: [email protected]