Business
iMD Upgrades Server Mining Rigs for Bitcoin and Alternative Coins, and Implements Solar Powered Crypto Mining to Offset Power Cost
iMD Upgrades Server Mining Rigs for Bitcoin and Alternative Coins, and Implements Solar Powered Crypto Mining to Offset Power Cost.
About this update from Imd Companies, Inc.
[{"type":"text","content":"\n CARSON CITY, NV, Aug. 11, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – iMD Companies, Inc. (OTC: ICBU), announced today that the company has upgraded our server mining rigs and implemented Solar powered crypto mining to offset power cost. The company is focused on mining bitcoin as well as alternative coins. After much research and testing, iMD will be moving our mining activity to that of bitcoin, Ethereum, ADA Cardano, Litecoin, and Bitcoin Cash. We’ve decided to move in this direction due to the market moves and growth within the above coins. We are determined to utilize our servers to mine the most profitable coins at this time with the best possible solutions to add revenue to the company. This also aids in the development of our own iMD Crypto Utility/Asset-based Coin. The company is continuing to develop our own coin. We look to have a launch date for our coin by the end of the month. The number of coins is set for 110,000,000 for the initial coin offering. In addition, iMD is going to back its coin with assets. The iMD Coin will be tethered or “backed” by a basket of assets from bitcoins, Ethereum, litecoin, bitcoin Cash, ADA and more. iMD will utilize this coin for trading, financial transactions, and ultimately build it to reward those who use it, and transact with it as well. iMD is excited to release this new coin ecosystem and we will keep our shareholders apprised of our updates and the ability to purchase our coin and participate in the NFT auctions we expect to provide as well. Follow iMD Companies, Inc. Social Media Twitter @ https://twitter.com/imd_inc Instagram @ https://www.instagram.com/imdcompaniesinc/ About iMD Companies, Inc. iMD Companies, Inc. (OTC: ICBU) is a Florida Corporation. The company has been re-positioned to be a holding company for acquisitions and technology development in the financial, blockchain, cryptocurrency, and NFT (non fungible token) markets. iMD's goal is to combine the expertise of our team members to create a cohesive force, which will carry the company forward in the marketplace. Safe Harbor Statement Certain statements made in this press release constitute forward-looking statements that are based on management's expectations, estimates, projections and assumptions. Words such as \"expects,\" \"anticipates,\" \"plans,\" \"believes,\" \"scheduled,\" \"...