Eatontown, NJ, Dec. 07, 2021 (GLOBE NEWSWIRE) — Investview, Inc. (OTCQB: INVU), a diversified monetary know-how firm that by its subsidiaries and world distribution community supplies monetary know-how, schooling instruments, content material, analysis, and administration of digital asset applied sciences with a concentrate on Bitcoin mining and the brand new era of digital property, 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 Cell Mining Knowledge Heart 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 price 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 an extra 700 Bitcoin miners by our Restore facility. Mixed, these relocated and repaired miners will generate practically 77 Petahash (“PH”) of mining capability which, at present Bitcoin costs and problem 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 practically 2,800 extra 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 progressive restore strategies 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 practically 110 PH which, at present Bitcoin costs and problem ranges, is estimated to generate an estimated $1,130,000 in extra gross income and $880,000 in extra gross revenue.
SAFETek additionally pronounces the event and building of recent cell business turn-key Bitcoin Mining Knowledge Heart Trailers. These cell business knowledge facilities might be used internally by SAFETek and also will be made out there on the market or lease to different business Bitcoin mining operators. The primary two cell mining knowledge facilities are at present underneath building with the primary knowledge middle unit anticipated to be prepared for deployment or sale earlier than the top of December, 2021. These business turn-key mining knowledge facilities are on wheels with air-ride suspension and 45,000 lb. heavy load capability, so they’re absolutely cell and have the capability to carry at the least 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 happy to construct and deploy these state-of-the-art cell Bitcoin mining knowledge middle trailers that can allow SAFETek and our clients to uniquely entry low price and renewable power sources in a well timed and reasonably priced method. These cell mining knowledge facilities are being constructed utilizing solely licensed electrical parts to make sure the uptime, reliability, and safety of the extremely worthwhile ASIC mining server programs. 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 cell knowledge middle programs to different business 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 Cell Mining Knowledge Facilities in January 2022.”
Notice: The numbers included on this launch are preliminary anticipated outcomes and are un-audited and should differ from numbers reported in our SEC filings attributable to compliance with US GAAP and are topic to remaining overview by the Firm’s unbiased auditors. Ultimate audited monetary statements will be present in our annual SEC Kind 10-Okay filings.
About Investview, Inc.
Investview, Inc. is a diversified monetary know-how and world distributor group that operates by its subsidiaries to supply monetary schooling instruments, content material, analysis, and administration of digital asset know-how that mines cryptocurrencies, with a concentrate on Bitcoin mining and the following era of digital property. Investview – driving decentralization of schooling and finance by 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 reality 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 typically be recognized by way of forward-looking phrases resembling “imagine,” “count on,” “could,” “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 present out there 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 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 once in a while in Investview’s public stories filed with the U.S. Securities and Change Fee (the “SEC”), together with the Firm’s Annual Report on Kind 10-Okay, Quarterly Stories on Kind 10-Q, and Present Stories on Kind 8-Okay. 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 replicate precise outcomes or modifications in expectations, besides as in any other case required by legislation.
Contact: Mario Romano
Telephone Quantity: 732.889.4308
Electronic mail: [email protected]