Eatontown, NJ, Nov. 09, 2021 (GLOBE NEWSWIRE) — Investview, Inc. (OTCQB: INVU), a diversified monetary know-how firm that by way of its subsidiaries and international distribution community offers monetary know-how, schooling instruments, content material, analysis, and administration of digital asset applied sciences with a deal with Bitcoin mining and the brand new era of digital property, broadcasts its manufacturing and operational updates, together with its unaudited Bitcoin (“BTC“) manufacturing for October 2021.
October 2021 BTC Manufacturing and Digital Asset Holdings
Gross Income of $2.5 million, up 186% 12 months-Over-12 months October
Gross Revenue of $1.9 million, up 381% 12 months-Over-12 months October
Gross Revenue Margin of 77%
Bitcoin Mined over 18 months interval ending October 2021, 1,167.56 BTC
As of October 31, 2021, Investview holds over 49.13 BTC
As of October 31, 2021, Investview holds over 74,706.12 NDAU
Operations Replace: Bitcoin Mining Server Relocation, Refurbishment and Hashrate Growth Plan Replace
SAFETek broadcasts the strategic relocation of almost 1,500 Bitcoin ASIC miners (roughly 55 Petahash) to a brand new increased high quality and a 20% decrease value internet hosting facility. SAFETek has additionally consolidated and relocated almost 3,000 of its mining servers from current mining amenities all over the world to its new and not too long ago expanded Bitcoin Miner Restore facility in Texas, the place these mining servers are being cleaned, refurbished, and additional optimized.
Rob Walther, SAFETek’s EVP of Crypto operations commented that, “the relocation of 1,500 of our current miners to a brand new and decrease value facility is presently in progress and anticipated to be accomplished by late November 2021. When full, this transfer is anticipated to extend the associated gross revenue generated by these miners by an estimated 20%. As well as, we are actually absolutely leveraging our new and not too long ago expanded Bitcoin Mining Restore Facility in Texas to wash, refurbish and additional optimize almost 3,000 of our Bitcoin miners again into manufacturing. Given the excessive worth and international challenges with acquiring model new Bitcoin mining servers, SAFETek has determined to aggressively deal with the upkeep and optimization of our current fleet of Bitcoin miners by way of our new restore facility. This will probably be a quicker and far decrease value possibility to keep up and enhance our hashrate.”
Mixed, the roughly 1,500 Bitcoin miners that SAFETek is relocating and the almost 3,000 Bitcoin Miners that SAFETek is refurbishing and optimizing will assist assist the corporate’s plan of reaching 10,000 miners and 400 petahash over the following two months.
Be aware: The numbers included on this launch are preliminary anticipated outcomes and are un-audited and should differ from numbers reported in our SEC filings on account of compliance with US GAAP and are topic to ultimate overview by the Firm’s impartial auditors. Ultimate audited monetary statements might be present in our annual SEC Kind 10-Okay filings.
About Investview, Inc.
Investview, Inc. is a diversified monetary know-how and international distributor group that operates by way of its subsidiaries to supply monetary schooling instruments, content material, analysis, and administration of digital asset know-how that mines cryptocurrencies, with a deal with Bitcoin mining and the following era of digital property. Investview – driving decentralization of schooling and finance by way of a dedication to blockchain know-how. For extra info 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” inside 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 typically be recognized by way of forward-looking phrases reminiscent of “imagine,” “count on,” “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 presently accessible to Investview and contain recognized and unknown dangers, uncertainties and different components 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 info on potential components that might have an effect on Investview’s monetary outcomes is included every so often in Investview’s public studies filed with the U.S. Securities and Change Fee (the “SEC”), together with the Firm’s Annual Report on Kind 10-Okay, Quarterly Studies on Kind 10-Q, and Present Studies on Kind 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 replicate precise outcomes or adjustments in expectations, besides as in any other case required by legislation.
Contact: Mario Romano
Telephone Quantity: 732.889.4308