Cryptocurrency Mining Operatio – GuruFocus.com

Cryptocurrency Mining Operatio – GuruFocus.com

BOCA RATON, Fla., June 06, 2022 (GLOBE NEWSWIRE) — Alltemp, Inc. (“Alltemp” or “the Company”) (OTCPK: LTMP) declares that the Company’s first 10 nodes of its immersion cooled cryptocurrency mining operation have been deployed and are totally operational. The Company at present has 6Gh/s on-line and is in negotiations to accumulate 11Gh/s within the subsequent 60 days. Further, Alltemp plans to buy 200 bitcoin AntMiners within the coming months, with future purchases of AntMiners topic to the provision of capital. Pursuant to the Company’s deliberate enlargement, it’s looking for a bigger house to accommodate its wants for important computing energy, bandwidth, and digital storage. The Company is investigating areas for a Company-owned knowledge middle for big-scale mining operations, knowledge storage, and its closely trafficked digital advertising platforms within the enterprise-pleasant states of Texas and Florida. “The launch of our mining operation units the stage for the Company’s purpose of changing into a multi-faceted expertise firm starting with a basis as a holistic digital advertising, internet advertising, and knowledge storage and administration firm, with lengthy-time period plans to supply customized e-commerce options by means of a local net browser,” said Ted DeFeudis, CEO. The Company’s client-going through digital advertising platform and suite of instruments is at present in growth with Los Angeles-based design agency, PurposeLab (www.purposelab.com) and the Beta model is anticipated to launch this summer time, with a last launch within the fall. About Alltemp, Inc. Alltemp, Inc., owns and operates a cryptocurrency mining operation and, by means of its wholly owned subsidiary Digi Messaging & Advertising, Inc. (“Digi”), owns and operates a number of proprietary digital advertising platforms for e-mail and SMS dissemination, push notifications, quick hyperlinks, and extra. Digi additionally offers net design and copywriting companies for digital promoting campaigns and manages its shoppers’ search engine optimisation, SMM, Content Marketing, and Online Advertising. Digi is at present constructing an built-in digital advertising platform to permit people and enterprises, each giant and small, to leverage large knowledge to micro-goal prospects with disruptive will increase in effectivity. Forward-Looking Statements This press launch comprises “ahead-trying statements” throughout the which means of The Private Securities Litigation Reform Act of 1995 (the “Act”), in addition to Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. In explicit, when used within the continuing dialogue, the phrases “plan,” “assured that,” “consider,” “anticipate,” or “intend to,” and comparable conditional expressions are meant to determine ahead-trying statements throughout the which means of the Act and are topic to the protected harbor created by the Act. Such statements concerning the Company’s future expectations, together with future revenues and earnings, and all different ahead-trying statements are topic to sure dangers and uncertainties which are topic to alter at any time, and the Company’s precise outcomes might differ materially from these expressed in any of the ahead-trying statements. Such dangers and uncertainties embody, however should not restricted to, market circumstances, the provision of parts for and delays within the begin of manufacturing, basic acceptance of the Company’s merchandise and applied sciences, aggressive components, the flexibility to efficiently full further financing, and different dangers. Ben Hansel(720) 288-8495

https://www.gurufocus.com/information/1782768/cryptocurrency-mining-operation-totally-operational-and-on-line

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