Wattum is pleased to announce that we have secured a 12-month supply of 1,200 WhatsMiner rigs. This expansion of our mining equipment inventory gives our clients around the world access to powerful mining equipment at competitive prices, even amidst a globally recognized shortage.
Wattum has committed to purchasing 1,200 units each of the model M31S/M30S WhatsMiner rigs, manufactured by MicroBit. These units offer a power efficiency of up to 42W/T and boast a hashrate between 80T - 110T based on the model selected. MicroBit will manufacture and ship miners beginning in July 2021 on a monthly, on-demand basis. Integrated Ventures has also committed to securing a number of units for their own inventory.
Wattum CEO Arseniy Grusha stated: “We are pleased to work with INTV and to be an integral part of a 12-month Purchase Agreement with MicroBit, securing a supply of 1,200 units of the most profitable and energy-efficient miners available. We are looking forward to the next phase of mutually beneficial and profitable cooperation, with a focus on establishing Wattum and our partners as leaders in the rapidly growing cryptocurrency market.”
“[Integrated Ventures] is very pleased to partner with Wattum and secure this valuable 12-month purchase agreement, especially during a period of a limited supply of mining equipment,” commented Steve Rubakh, CEO of Integrated Ventures, Inc., “This agreement expands the existing relationship with Wattum and represents another step in our strategic growth plan, designed to rapidly increase the Company's projected revenue growth rate.”
This transaction is the latest in a set of actions taken by Wattum in order to fuel international expansion plans. Most notably, we recently announced a multi-year partnership with Integrated Ventures to execute colocation and hosting for their cryptocurrency mining operations in Kennerdell, Pennsylvania. This agreement will maximize and optimize hash rate, reduce direct mining operational costs, and provide further international reach of both companies.
Wattum has additionally begun expansion into Kazakhstan, adding to its existing operations in the U.S., Canada, and Russia. This is not our only recent geographical expansion as we have also opened a sales office in Argentina, kindling our growth into the South American market with a dedicated team to contribute to the up-and-coming Bitcoin mining hotspot.
With this large acquisition of Bitcoin miners, Wattum is once again taking steps to ensure our customers have access to high quality mining equipment at competitive prices. To get started on your Bitcoin mining adventure, browse our available mining rigs today.