Envoy Group Corp’s (ENVV) BitReturn New Mining Hardware Increases Profitability

Las Vegas, Nevada – July 18, 2017 (ACCESSWIRE) – Envoy Group Corp. (ENVV) (the “Company” or “Envoy”), a digital currency and Blockchain technology company, is extremely pleased to release the results of a two-week test run with several Graphic Processor Units (“GPUs”) equivalent to the new cards that will be installed in its BitReturn subsidiary processing facility by the end of July. The pilot program allowed BitReturn management to test the cost-effectiveness of its planned new hardware.

 

On June 27th, Envoy announced the shipment of its first large block of cryptocurrency mining hardware to its BitReturn Tier 3 Datacenter. This new shipment will allow BitReturn to employ over 500 additional advanced GPUs produced by NVIDIA (NVDA).

 

“We view our operations much like a gold mine, and this test run is the equivalent of a pre-feasibility study that allows us to stress test the hardware and examine critical operating costs and profitability. The results validated our selection of the hardware and design configuration of our new cryptocurrency mining rigs,” commented Matt deFouw, BitReturn President.

 

The test program rated the GPUs for operational uptime, performance per watt, and profitability in mining a variety of cryptocurrencies. The results demonstrated that revenue performance by the NVIDIA GPUs was exceptional for the mining of Ethereum, a burgeoning cryptocurrency currently on pace to intersect and potentially outpace Bitcoin’s market cap valuation.

 

The highlight was a gross revenue increase of 135% over the current GPUs operating at the Datacenter due to an increase in design efficacy and decreased electrical consumption.

 

Harp Sangha, Envoy CEO, affirmed the Management Team’s excitement with the results and indicated that a second significant order is planned after the installation of the current shipment.

 

About Envoy Group, Corp.
Envoy Group, Corp. (OTC Markets:ENVV) is a digital currency and Blockchain technology company. BitReturn, a division of the Envoy Group Corp, has first targeted a high positive cash flow method of Mining of Digital Currencies that has been de-risked by employing the most effective Graphic Processor (GPU) technology and BitReturn’s secure Tier3 (T3) facility in Kamloops, B.C. Hundreds of 7 to 13 GPU arrays will be working 24/7 within the climate controlled facility. Mining of Digital Currencies will be constantly directed to which currencies provide maximized profitability. New digital coins drop into the world every 10 minutes and BitReturn will be there to catch them. Block Chain is an incorruptible publically distributed digital ledger that allows for transparent and secure validation of online information.

 

Corporate Contact:
Harp Sangha
Chairman,  CEO & CFO
Tel: 1-702-595-2247
Email: hsangha@envoygroupcorp.com

 

Investor Relations Contact:
Louis Silver
Director of Investor Relations
Tel: 1-610-710-1303
Email: lsilver@envoygroupcorp.com

 

Investor Contact Information
Hayden IR
Tel: 1-917-658-7878
Email: hart@haydenir.com

 

Forward-Looking Statements
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