CARSON CITY, NV, Aug 11, 2021 (GLOBE NEWSWIRE) – via NewMediaWire – iMD Companies, Inc. (OTC: ICBU), today announced that the company has upgraded our server mining platforms and implemented solar powered cryptocurrency mining to offset the power cost. The company focuses on bitcoin mining as well as alternative coins.
After much research and testing, iMD will shift our mining activity to that of Bitcoin, Ethereum, ADA Cardano, Litecoin and Bitcoin Cash. We have decided to go in this direction due to the market movements and the growth of the above coins.
We are determined to use our servers to mine the most profitable coins at the moment with the best possible solutions to increase the company’s revenue. It also helps in the development of our own iMD Crypto Utility / Asset-based Coin.
The company continues to develop its own coin. We hope to have a launch date for our coin by the end of the month. The number of coins is set at 110,000,000 for the initial coin offering. Additionally, iMD will back up its coin with assets. The iMD Coin will be tethered or “backed” by a basket of assets of bitcoin, Ethereum, litecoin, bitcoin Cash, ADA and more.
iMD will use this coin for trading, financial transactions and ultimately build it to reward those who use it and also transact with it. iMD is excited to launch this new coin ecosystem and we will keep our shareholders informed of our updates and the opportunity to purchase our coin and participate in the NFT auctions that we also plan to offer.
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About iMD Companies, Inc.
iMD Companies, Inc. (OTC: ICBU) is a Florida corporation. The company has been repositioned to become a holding company for acquisitions and technology development in the finance, 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 move the company forward in the market.
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iMD Companies, Inc.