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Interactive Strength Works To Sign Binding Acquisition Agreement That Would Transform The Digital Fitness Company Into A Profitable, High-Growth Business Across B2B and B2C Markets

Benzinga

By Rachael Green, Benzinga Interactive Strength, Inc. (NASDAQ: TRNR), doing business as FORME, is currently working towards signing a definitive agreement to acquire a connected hardware “target” after announcing a non-binding letter of intent last month. The combined Company is projected to generate $10 million in 2023, more than $25 million in gross revenue in 2024, and is expected to be cashflow positive and adjusted EBITDA profitable by the fourth quarter of 2024. The potential transaction is expected to accelerate FORME’s commercialization path, result in immediate scale across all functions and create a high-growth and profitable platform that sells connected hardware/software fitness platform across B2B and B2C channels. The premium smart home gym and virtual personal training provider is aiming to execute a definitive acquisition agreement by the fourth quarter of this year. Here are some of the growth opportunities investors can look for as FORME works toward a binding agreement by the end of this year. The Potential Acquisition Would Create A Significantly Scaled Up Connected Fitness Equipment Business “We believe this will be a transformational acquisition that can accelerate our commercialization path,” said FORME Founder and CEO Trent Ward. “We expect this transaction can help us achieve immediate scale across all of our cost centers, resulting in a high-growth, profitable platform that sells connected fitness equipment and digital fitness services across B2B and B2C channels.” In addition to scaling FORME’s sales, engineering, logistics and other functions, the connected fitness acquisition would be a synergistic merger that would immediately create cross-selling opportunities across both FORME’s and the target’s customer base. It also has the potential to bring in a strong B2B distribution partner for FORME’s premium smart home gym equipment, allowing FORME to ramp up its commercialization efforts. Combined, FORME and the target acquisition are projected to bring in over $10 million in gross revenue for 2023 and over $25 million in for 2024, achieving both positive cash flow and positive adjusted EBITDA by the fourth quarter of next year. The Upside Potential Of FORME’s Transition To A B2B-Led Platform Right now, FORME primarily targets the B2C market, offering smart home gym equipment and a variety of virtual personal training plans directly to consumers. But as the rapid decline of Peloton (NASDAQ: PTON) suggests, that home fitness market just isn’t big enough to sustain long-term growth as post-pandemic consumers return to the gym. Peloton recently reported net losses of over $241 million for its fourth quarter, as sales and subscriptions continue to decline. FORME has a differentiated market strategy that addresses changing consumer habits and developed a flexible approach to its B2C segment. The Company offers both premium equipment and a range of monthly subscription options at different price points that offer live one-on-one coaching with a personal trainer through the user’s connected fitness mirror or their mobile device. But its biggest growth opportunity comes from its pivot into the B2B space, delivering its equipment and services to hotels, gyms and other enterprise customers that want to offer premium fitness options to their customers. FORME has already made some moves in this B2B channel but the potential acquisition, which is said to derive most of its sales from the B2B space, would dramatically increase its exposure to that more profitable, more scalable market. This would allow FORME to become a B2B-led platform while still maintaining and growing its B2C channel, potentially sidestepping the profitability challenges faced by Peloton and other B2C-focused companies in the connected fitness space. In an August report on FORME, Goldman Small Cap Research calls the digital fitness platform “a rare, high growth, low valuation firm offering significant upside potential.” Goldman cited the potential acquisition slated for the fourth quarter as well as the opportunity for similar deals in the future as FORME targets other acquisitions over the next few years. To watch a video with the product in action, CLICK HERE This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 05, 2023 09:15 AM Eastern Daylight Time

ToolsGroup Announces New User Interface for Enhanced User Experience and Supply Chain Performance

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, is announcing the launch of a dramatically improved user experience for its industry-leading Service Optimizer 99+ (SO99+) supply chain planning solution. SO99+ release 8.62 introduces a sleek and modern interface, incorporating the latest UI/UX design principles. This reflects ToolsGroup’s continued commitment to creating products that are intuitive and user-friendly, leading to greater adoption and improved business performance. With a clean, sophisticated interface and feature enhancements, SO99+ aligns the latest software design trends with user requirements to elevate the user experience. While familiar favorite capabilities remain – including personalized dashboards and custom alerts – ToolsGroup has also added important new capabilities to SO99+ in this release, such as enhanced seasonality clustering and aggregate forecasting functions. The latest enhancements make it easier than ever for companies to leverage machine learning, streamline processes, and maximize efficiency, empowering teams to make better, faster planning and execution decisions. “At ToolsGroup, we pride ourselves on our close collaboration with our customers, gathering their input to continuously improve our product so that we can empower users to navigate the supply chain,” said Sahil Gupta, Chief Product Officer. “This refresh of our user interface is the result of deep conversations with the people who work closely with our software to plan on a day-to-day basis and the latest trends in modern web design. Ultimately, our goal is to deliver AI-powered supply chain solutions that are easy to use – as this is how modern users are best able to drive business results.” “Our customers rely on SO99+ every day to drive the supply chain decisions that power enhanced business performance and customer experience. We have been eagerly anticipating the new user interface and look forward to imminently implementing a wealth of enhanced capability,” said James Triggs, Managing Director at Brookes Supply Chain Solutions. “We’re thrilled to collaborate with such a dynamic and technologically innovative supply chain technology partner that we have in ToolsGroup.” Watch ToolsGroup’s new SO99+ product video for a first look at the enhanced interface HERE. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

October 05, 2023 09:00 AM Eastern Daylight Time

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Energy Efficient Crypto Miners Maximize Profits

ASICRUN

ASICRUN has recently introduced three energy efficient crypto miners that are helping users maximize their mining profits. These power-packed ASIC miners are capable of mining Bitcoin, Litecoin, and Dash, delivering unmatched performance and ease of use. Most Powerful Miners AR1, AR2, and EliteAR miners from ASICRUN are arguably the most powerful mining rigs ever because of their high hash rates. Many industry experts strongly believe that the hash rates of these mining rigs are unprecedented in the industry. AR1 Miner: Bitcoin 1050 TH/s, Litecoin/Doge 400 GH/s, Dash 20 TH/s AR2 Miner: Bitcoin 2200 TH/s, Litecoin/Doge 900 GH/s, Dash 45 TH/s EliteAR Miner: Bitcoin 4900 TH/s, Litecoin/Doge 2200 GH/s, Dash 100 TH/s Energy Efficiency and Profit Maximization Though ASICRUN miners have very high processing power, their energy consumptions are moderate. AR1, AR2, and EliteAR have consumptions of 650 W, 1300 W, and 2800 W, respectively, translating into monthly energy expenditures ranging from $50 to $250 only. This is a key factor behind the high profitability of ASICRUN miners. Mentioned below are the projected monthly profits for AR1, AR2, and EliteAR. Another important advantage of ASICRUN miners is their ease of use. Unlike any other mining hardware designed so far, the rigs from ASICRUN require no prior mining experience or knowledge. This has allowed many common mining enthusiasts to start crypto mining successfully. To maximize mining profits of its customers, ASICRUN covers the delivery and custom fees for them. The products are delivered across the globe within just seven days. The company also provides comprehensive warranty coverage for all hardware and software problems. “High energy cost has always been an obstacle to profitable mining for many. If you are tired of losing your time and hard-earned money on power-hungry mining rigs, ASICRUN is here for you. Whether you are a seasoned mining expert or just a small time enthusiast, you would love using our powerful, user-friendly, and high-profit mining hardware,” said Matias Kotila, CTO from ASICRUN. To find out more, please visit https://asicrun.com/ About Us: ASICRUN is a technology company headquartered in Hong Kong with multiple offices across the globe. Led by a team of noted industry experts, the company is dedicated to improving the cryptocurrency mining space by leveraging the unique capabilities of the latest ASIC technology. Contact Details David Warner press@asicrun.com

October 05, 2023 05:34 AM Eastern Daylight Time

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SIGMA Announces 10-18mm F2.8 DC DN | Contemporary, the World's Smallest and Lightest F2.8 Zoom Lens for APS-C Mirrorless Cameras

SIGMA CORPORATION OF AMERICA

SIGMA Corporation of America, the US subsidiary of SIGMA Corporation (CEO: Kazuto Yamaki. Headquarters: Asao-ku, Kawasaki-shi, Kanagawa, Japan) is pleased to announce the SIGMA 10-18mm F2.8 DC DN | Contemporary lens. This is the first SIGMA lens being announced and released concurrently for the L-Mount, Sony E-mount and Fujifilm X Mount. The lens will be available through authorized retail partners on October 26, 2023 for $599. This is the world's smallest and lightest F2.8 zoom lens designed for APS-C format mirrorless systems at just 2.8 x 2.4 inches (72.2 x 62mm) and 9.2 ounces (260g)*. The lens covers a 15-36mm (35mm equivalent) focal range, with a fast F2.8 constant aperture. Paired with the 18-50mm F2.8 DC DN | Contemporary, this duo of lenses covers a 15-75mm (35mm equivalent) range with the same bright F2.8 maximum aperture at a combined weight of under 19.5 ounces (550g). * As an AF F2.8 zoom lens for mirrorless cameras with an APS-C sensor. As of October 2023 by SIGMA. Figures are for L-Mount. Additional specifications included in the full press release below. The SIGMA 10-18mm F2.8 DC DN | Contemporary uses an aspherical concave lens with a large polarization ratio and high refractive index in the first group, reducing the number of elements in the first group and shortening the overall length. Additionally, a new push-on petal type hood has been developed. Thanks to the new structure with a spring and lever, which is not utilized by any other manufacturer, the hood has been made both thinner and smaller, which also contributes to the overall compactness of the lens. The optical design of the lens delivers a short 4.6 inch (11.6cm) minimum focusing distance and a maximum magnification ratio of 1:4 at the wide end, allowing for close-up photography with pleasing background separation. The optical design also minimizes focus breathing, and the stepping motor delivers swift, quiet autofocus during both still and video use. Thanks to its high optical quality and compact size, the SIGMA 10-18mm F2.8 DC DN | Contemporary lens is an excellent choice for travelers, adventure photographers, vloggers, content creators, and family photographers who want great image quality when paired with today's leading lightweight crop-sensor cameras on the three supported mirrorless platforms. Learn more about the SIGMA 10-18mm F2.8 DC DN | Contemporary lens: https://www.sigmaphoto.com/10-18mm-f2-8-dc-dn-c #SIGMA #SIGMA1018mmContemporary #SIGMAContemporary #SIGMAContemporaryZoom Designed exclusively for APS-C mirrorless cameras C | Contemporary SIGMA 10-18mm F2.8 DC DN Small lens, big personality. Large-aperture, ultra-wide-angle zoom with expressive imaging capabilities Extremely compact and lightweight Ideal for landscapes, travel, video and online content creation Available: October 26, 2023 Supplied accessories: Push-on petal type hood LH706-02, FRONT CAP LCF-67mm III, REAR CAP LCR II Available mounts: L-Mount, Sony E-mount, FUJIFILM X Mount * The appearance and specifications of the product are subject to change. * This product is developed, manufactured and sold based on the specifications of E-mount which was disclosed by Sony Corporation under the license agreement with Sony Corporation. * L-Mount is a registered trademark of Leica Camera AG * L-Mount is a registered trademark of Leica Camera AG. Create expressive images on the go with the world's smallest and lightest ultra-wide-angle zoom lens for APS-C cameras* The SIGMA 10-18mm F2.8 DC DN | Contemporary is the world's smallest and lightest ultra-wide- angle zoom lens for APS-C cameras*, covering an effective focal range of 15-27mm (35mm equivalent). With ultra-sharp optics, a bright F2.8 aperture and a newly developed push-on petal type lens hood, photographers can create expressive images anytime, anywhere. The lens features a unique aspherical element that reduces the overall size of the lens and enhances image quality. An 11.6cm (1:4) minimum focusing distance to produce unique compositions, with expansive backgrounds and pleasing bokeh. With a weight of only 260g*, a fast AF stepping motor and minimal focus breathing, the lens can be easily mounted onto a motorized gimbal to create impressive video content for social media use and professional projects. The lens is available for L-Mount, Sony E-Mount and FUJIFILM X Mount systems. * As an AF F2.8 zoom lens for mirrorless cameras with an APS-C sensor. As of October 2023 by SIGMA. * L-Mount specification. [ Key Features ] 1) Large-aperture, ultra-wide-angle zoom with expressive imaging capabilities By utilizing unique optics which have been designed to correct lens aberrations, the SIGMA 10-18mm F2.8 DC DN | Contemporary produces images that are sharp across the entire image. Aspherical lens, special low-dispersion glass The use of an aspherical lens with large eccentricity and refractive index as the first lens element has enabled a lens construction with a reduced number of elements. Used in conjunction with multiple aspherical lenses and special low-dispersion glass, the lens can produce high resolution images whilst remaining compact and lightweight. Minimum focusing distance 11.6cm, maximum magnification ratio 1:4 Create expressive close-up images using the 11.6cm minimum focusing distance when shooting at 10mm. With a magnification ratio of 1:4, the lens captures unique portraits, still life and more. 2) Extremely compact and lightweight The SIGMA 10-18mm F2.8 DC DN | Contemporary is the world's smallest and lightest ultra-wide angle zoom lens for APS-C cameras*, with a length of 62.0mm, a maximum diameter of 72.2mm, and a weight of 260g*. The lens can be carried around with ease or attached to an APS-C mirrorless camera and a gimbal to create an ultra-portable video setup. * As an AF F2.8 zoom lens for mirrorless cameras with an APS-C sensor. As of October 2023 by SIGMA. * The values are for L-mount. Newly developed push-on petal type hood A newly developed push-on petal type hood is included with the lens. Unlike the conventional bayonet type lens hoods that attach with a rotating movement, this push-on type lens hood is attached onto the lens using a spring and lever system. The implementation of this new design reduces the size and thickness of the hood so that it matches the compact size of the lens. Compact, lightweight, high-performance F2.8 constant aperture zoom lens series When combined with the SIGMA 18-50mm F2.8 DC DN | Contemporary, a total, unbroken focal range of 15-75mm (35mm equivalent) with a constant F2.8 aperture can be covered. The combined weight of both lenses is only 550g. *The values are for L-mount. Fast-growing lineup of lenses for APS-C mirrorless cameras In addition to the SIGMA 18-50mm F2.8 DC DN | Contemporary, the lineup of lenses for APS-C mirrorless cameras includes 16mm, 23mm, 30mm, and 56mm prime lenses, all with F1.4 brightness. This flexible lens selection can be used for a wide variety of photographic applications. *Lineup is as of October 2023. Mount with dust and splash resistant structure The lens mount incorporates rubber sealing to protect it from dust and water drops. 3) Ideal for landscapes, travel, video and online content creation With ultra-wide focal length, portable body and razor-sharp optics, the SIGMA 10-18mm F2.8 DC DN | Contemporary is the perfect portable option for landscape, travel, interior and street photography. It also boasts impressive video capability owing to its bright F2.8 aperture, which makes it well-suited to shooting in low-light environments and creating a shallow depth-of-field. The ultra-wide angle-of-view is ideal for hand-held vlogging that requires the capture of both the subject and the environment. Designed to minimize focus breathing The lens has been designed to suppress focus breathing. The change in angle-of-view due to focus shift is minimized, creating a natural-looking focus shift when recording video. Supports various camera functions The lens is compatible with the electronic image stabilization function, aberration correction function, DMF, and AF+MF in camera bodies from various manufacturers. The advantage using this ultra-wide-angle lens is that it provides a generous angle-of-view even when the electronic image stabilization function crops the image. * Function available on supported cameras only. Available corrections or auto correction functionality may vary depending on the camera model. Stepping Motor A fast and quiet stepping motor is used to deliver precise AF when shooting stills and video. It is fully compatible with in-camera AF tracking modes. [ Additional Features ] Lens construction: 13 elements in 10 groups (3 FLD, 1 SLD, and 4 aspherical elements) Inner focus system Compatible with high-speed autofocus Stepping motor Compatible with Lens Aberration Correction * Function available on supported cameras only. Available corrections and auto correction functionality may vary depending on the camera model. * On cameras where lens aberration correction is controlled with 'ON' or 'OFF' in the camera menu, please set all aberration correction functions to 'ON' (AUTO). Supports DMF and AF+MF Compatible with AF assist (Sony E-mount only) Super Multi-Layer Coating Support for switching between linear and non-linear focus ring settings on L-Mount bodies * Function available on supported cameras only. Mount with dust and splash resistant structure Push-on petal type hood LH706-02 Compatible with SIGMA USB DOCK UD-11 (sold separately / for L-Mount only) Designed to minimize flare and ghosting Every single lens undergoes SIGMA's proprietary MTF measuring system 7-blade rounded diaphragm High-precision, durable brass bayonet mount Mount Conversion Service available "Made in Japan" craftsmanship Learn more about SIGMA's craftsmanship here: https://www.sigma-global.com/en/about/craftsmanship/ [ Key Specifications ] Lens Construction: 13 elements in 10 groups (3 FLD, 1 SLD, 4 aspherical) Angle of view: 109.7°-76.5° (APS-C) Number of diaphragm blades: 7 (rounded diaphragm) Minimum aperture: F22 Minimum focusing distance: 11.6 (W) - 19.1 (T) cm / 4.6 (W) - 7.6 (T) in. Maximum magnification ratio: 1:4 (W) - 1:6.9 (T) Filter size: 67mm Dimensions (Max. Diam. x Length): 2.8 x 2.4 in. / 72.2 x 62mm (L-Mount) 2.8 x 2.5 in. / 72.2 x 64mm (Sony E-mount) 2.8 x 2.5 in. / 72.2 x 64.3mm (Fujifilm X Mount) Weight: 9.2 oz. / 260g (L-Mount) 9.0 oz. / 255g (Sony E-mount) 8.8 oz. / 250g (Fujifilm X Mount) [ Product Barcode ] [ Contact ] For further information, please contact your local authorized SIGMA Service Station listed here: https://www.sigma-global.com/en/world-network/ [ Information ] SIGMA Corporation: https://www.sigma-global.com/en/ Product information: https://www.sigma-global.com/en/lenses/c023_10_18_28/ [ About SIGMA Corporation ] Craftsmanship. Precision. Dedication. Since 1961, SIGMA has been devoted to the pursuit of advancing photographic technology. Unique to the industry, the family-owned business produces its high-quality, award-winning still photo and cinema camera lenses, DSLR and mirrorless cameras, flashes, filters and accessories from its state-of-the-art manufacturing facility located in Aizu, Japan. In 2012, the company introduced SIGMA Global Vision with three distinct lens lines: Art, Contemporary and Sports. Designed for industry camera mount systems including Canon, Fujifilm, Leica, Nikon, Olympus, Panasonic, Sony and SIGMA, each lens is handcrafted and tested in Japan to ensure a high-performance, premium product that is purpose-built to last. In 2016, the SIGMA Cine lens lineup was launched, further cementing SIGMA as an innovator in imaging engineering. Embodying the core optical DNA that has defined the SIGMA benchmark of excellence, SIGMA Cine lenses meet the needs of advanced 6k and 8k cinema production. Forming the landmark L-Mount alliance alongside Leica and Panasonic in 2018, SIGMA continues its storied tradition of imaging excellence through groundbreaking innovations such as the native L-mount SIGMA fp and fp L full-frame mirrorless digital cameras, announced in July 2019 and March 2021 respectively. These products, along with over 30 award-winning SIGMA Global Vision lenses available in native L-Mount format, demonstrate SIGMA's continued commitment to the creative community through expanded product offerings. With the fp, fp L and these lenses, even more users can now leverage SIGMA's renowned optical formula to achieve their creative vision with ease. For more information about SIGMA America, please visit sigmaphoto.com and SIGMA Blog. Follow SIGMA America (Photo): Facebook | Twitter | Instagram Follow SIGMA America (Cine): Facebook | Twitter | Instagram Contact Details SIGMA +1 631-585-1144 SIGMA.PR@Sigmaphoto.com Company Website https://www.sigma-global.com/en/

October 05, 2023 04:00 AM Eastern Daylight Time

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The Futurum Group Acquires The CTO Advisor

The Futurum Group

The Futurum Group, a leading global technology advisory, media and research firm today announced it agreed to acquire the CTO Advisor brand and business assets for an undisclosed amount. Founded by Keith and Melissa Townsend, the CTO Advisor business includes advisory projects, test labs, research and content production in podcasts such as CTO Advisor and CTO Dose. Keith Townsend will remain the President of the CTO Advisor maintaining his role as chief advisor, researcher, and media personality where he will continue with his engaged style of connecting the dots between business, technology, and IT practitioners. We are thrilled to add The CTO Advisor to The Futurum Group bringing its expansive knowledge that helps deliver insights to many of the world’s largest technology vendors and practitioners through advisory, consulting research, and its popular media and podcast series. Geared towards the technical c-suite audience, practitioners, and dev ops leaders, the CTO Advisor offers conversational exchanges with Keith, ranging from application development to IT governance, and infrastructure architecture with some of the brightest people in the industry. Rebranded as ‘Futurum.CTOAdvisor’, Keith will continue to produce and broadcast weekly episodes now tapping into the vast Futurum Group network. Keith brings 25 years of experience as an enterprise architect and analyst. Keith has lead innovation at companies that include Lockheed Martin, AbbVie, and the Tribune Company. As a senior consultant at PwC, Keith has helped Fortune 50 clients transform their business model. Taking his experience to the CTO Advisor, Keith and his team built an impressive brand via research projects sponsored by customers including Intel, Dell Technologies, Veeam, and HPE. “As a technology management consultant with more than two decades of experience in designing, implementing, and managing data center technologies, I am thrilled to join the most reputable independent advisory firm”, said Mr. Townsend. “The hands-on and deep exchanges we delve in with our guests will continue to evolve into tangible projects and implementations, some of which can now be featured on a grand scale”, he adds. “We are thrilled to have The CTO Advisor as part of the Futurum Group. Having worked in and around The CTO Advisor for many years, we have witnessed his in depth insights and its influence in the market, said Daniel Newman, CEO of the Futurum Group. Growing our interactions with practitioners, developers, and the rest of the CTO Advisor audience will be a focal point for our business and we look forward to a long and successful growth path for the CTO advisor as part of our family of companies.” The acquisition will take effect immediately, and Futurum.CTO series podcast will launch October 23. Visit FuturumGroup.com for more information, and connect with TFG on Twitter, LinkedIn and YouTube Learn more about the CTO Advisor platform here; About The Futurum Group The Futurum Group is a global technology advisory, media and research firm. We focus on research, market intelligence, analysis, advisory, lab evaluation, marketing, and lead generation services. The Futurum Group’s range of services are focused on analyzing emerging and market-disrupting technologies, identifying and validating trends, delivering data and insights, and developing and executing sales and marketing campaigns that empower clients to find and leverage their competitive edge. In 2022 and 2023, Futurum Research expanded its strategy, becoming The Futurum Group, growing from an analyst firm into a full-fledged global business with a broader market approach. To support this new strategy. About CTO Advisor’s Keith Townsend: Keith Townsend started The CTO Advisor LLC back in 2016 in an effort to create a job that didn’t exist at the time. Keith loves telling stories and helping IT decision-makers navigate an ever-changing landscape that at the time included OpenStack, Containers, and the hopes of deploying a private cloud. The CTO Advisor was born to guide organizations via advisory services. Keith and Melissa Townsend pivoted the business to embrace the focus on research and new media. They’ve been creating innovative research around hybrid infrastructure, which comes along an advisory business. Keith’s areas of expertise include virtualization, networking, and storage solutions for Fortune 500 organizations. He holds a BA in computing and an MS in information technology from DePaul University. Contact Details The Futurum Group Nati Katz nkatz@futurumgroup.com Company Website https://futurumgroup.com/

October 04, 2023 03:04 PM Eastern Daylight Time

New Powerful Crypto Miners are Energy Efficient

ASICRUN

ASICRUN, a leading crypto technology company, is redefining the experience of mining enthusiasts by combining extraordinary power and high energy efficiency. The company’s new ASIC miners AR1, AR2, and EliteAR have already made an impact on the market with their ability to generate handsome profits for all types of users. Industry Leading Hash Powers The most attractive feature of ASICRUN miners is their high hash rates. Out of all crypto miners available in the market, the hash rates offered by AR1, AR2, and EliteAR miners are the highest. *AR1 Miner: Bitcoin 1050 TH/s, Litecoin/Doge 400 GH/s, Dash 20 TH/s *AR2 Miner: Bitcoin 2200 TH/s, Litecoin/Doge 900 GH/s, Dash 45 TH/s *EliteAR Miner: Bitcoin 4900 TH/s, Litecoin/Doge2200 GH/s, Dash 100 TH/s Low Power Consumption In general, crypto miners with high processing powers are known to consume huge amounts of energy, reducing the profitability of the hardware. Even though ASICRUN miners are the most powerful ones in the market, their power consumptions are very low. The monthly power cost for running AR1, AR2, and EliteAR miners come to a nominal $50 to $250. The projected monthly profits of these energy efficient miners are described below. User-Friendly Design While most of the mining hardware in the market requires serious mining knowledge and experience, ASICRUN has created a suite of plug and play miners that can be used by anyone with minimum effort. These miners are delivered preconfigured, and can start mining as soon as they are connected to a power socket. Naturally, many beginners have started making decent mining profits using these miners. ASICRUN delivers its products all over the world, and the delivery time is just 7 working days. Buyers need not worry about the delivery and custom fees because the company takes care of both. All products sold are covered by comprehensive warranty for software as well as hardware issues. To find out more, please visit https://asicrun.com/ Contact Details David Warner press@asicrun.com

October 04, 2023 01:50 PM Eastern Daylight Time

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News Release

Dash Woes Continues As Exchanges Shun Privacy Coins. Is Borroe.Finance the Top AI Crypto?

Blockchain Digest

The world of cryptocurrencies is filled with constant developments and challenges. Recently, Dash, a well-known privacy-focused cryptocurrency, has encountered a significant setback, leading to more exchanges shunning the coin. In the midst of Dash's woes, Borroe.Finance ($ROE) stands out as a leading AI cryptocurrency. >>BUY $ROE TOKENS NOW<< Dash's Production Halt Raises Concerns The crypto community recently received concerning news regarding Dash's blockchain. Samuel Westrich, the Chief Technology Officer (CTO) of Dash Core Group, took to Twitter to inform users about issues related to the v19 activation of Dash Core. Westrich revealed that the Dash blockchain had encountered problems, leading to a complete halt in block production. An ongoing investigation is underway to determine the root cause of the issue, with Westrich pledging to provide further updates on Twitter once more information becomes available. In the wake of these challenges, the Binance cryptocurrency exchange has taken the precautionary measure of temporarily suspending the distribution of DASH mining rewards. This decision by one of the world's largest crypto exchanges adds to the uncertainty surrounding Dash and its future. Exchanges Shun Privacy Coins Dash's recent troubles are not occurring in isolation. Exchanges have been increasingly cautious about listing and supporting privacy-focused cryptocurrencies due to regulatory concerns and potential risks associated with these coins. Dash, known for its privacy features, has faced growing scrutiny from regulators and exchanges alike. This shift in sentiment towards privacy coins highlights the importance of transparency and compliance in the evolving crypto landscape. As exchanges take steps to align with regulatory guidelines, some coins, including Dash, find themselves facing challenges. Borroe.Finance ($ROE): The Leading AI Crypto Amid the uncertainties surrounding privacy coins like Dash, Borroe.Finance ($ROE) emerges as a standout in the cryptocurrency space. Borroe.Finance is not only immune to the privacy coin regulatory issues but also offers a unique value proposition as an AI-powered cryptocurrency. Borroe.Finance operates as an AI-powered funding marketplace that empowers content creators and participants within the Web3 ecosystem. This innovative platform allows users to access immediate cash by trading their future earnings, including income streams from subscriptions, invoices, royalties, and more. It represents a pioneering approach to finance and embraces the future of AI technology in the crypto world. >>BUY $ROE TOKENS NOW<< Why Borroe.Finance is the Top AI Crypto Borroe.Finance's status as the leading AI cryptocurrency is underpinned by its commitment to financial innovation and technological advancement. The platform's versatility and inclusivity make it an attractive option for both retail and institutional investors. Borroe.Finance's ongoing presale, with over 94 million $ROE tokens available at just $0.0150 per token, offers a compelling opportunity for those seeking the best crypto investment for long-term growth. As the crypto landscape continues to evolve, Borroe.Finance's AI-driven approach remains ahead of the curve. While Dash grapples with challenges and regulatory scrutiny, $ROE stands as a beacon of innovation, resilience, and financial empowerment. Don't Miss Out on Borroe.Finance's Presale For investors seeking a crypto investment with strong potential, Borroe.Finance's presale presents an enticing prospect. In a world where regulatory uncertainties can impact the fate of cryptocurrencies, $ROE's unique AI funding marketplace offers a way to navigate the changing tides of the crypto market. While Dash faces hurdles, Borroe.Finance charts a different path—one that embraces AI, financial inclusivity, and long-term growth. For those in search of the top crypto coins or a good crypto to buy today, Borroe.Finance ($ROE) stands out as a promising choice in the ever-evolving world of digital assets. Learn more about Borroe.Finance ($ROE) here: Visit Borroe.Finance Presale | Join The Telegram Group | Follow Borroe on Twitter Contact Details Borroe Finance media@borroe.finance

October 04, 2023 10:30 AM Eastern Daylight Time

News Release

Will Cardano (ADA), Borroe.Finance ($ROE) or SUI (SUI) Reach $1 First?

Blockchain Digest

NFT trading volume has been declining leading to fears about how Cardano's (ADA) network activity will be affected. Likewise, Sui (SUI) has been on a consistent fall since it launched its Mainnet in May 2023. Meanwhile, analysts say profit projections seem to lie with Borroe.Finance, the decentralized lending marketplace. $ROE is already one of the most popular new ICOs. Yet, can it outclass ADA and SUI? Let's see what analysts are saying. >>BUY $ROE TOKENS NOW<< Borroe.Finance ($ROE): Connecting Web 3 Businesses to Easy Loans Timely and efficient funding is crucial to the development of any sector of the business world. This is more true of the Web 3 industry, which often struggles to find funding opportunities. With a strong recognition of this need, Borroe.Finance ($ROE) was created. The platform uses community-based lending to create efficient avenues to instant cash. Borroe.Finance companies raise funding from supportive communities by facilitating the trade of future and outstanding invoices. When users want to raise funds on Borroe.Finance, they allocate future earnings that they'll sell at discounted prices. Once allocated, these future invoices are minted into collateralized NFTs and placed on a live market. Borroe.Finance's creative use of NFTs to solve real-world problems makes it one of the top DeFi projects. Furthermore, perks like discounted marketplace fees, priority notifications, and voting rewards make Borroe.Finance ($ROE) attractive to investors. Over 100 million $ROE tokens have been sold since the start of Borroe.Finance’s presale. $ROE's current price is $0.0150 in Stage 2 of its presale. When $ROE's presale ends, it would have grown by 166.6% to reach $0.0400. Projections are pretty realistic, considering its Beta Stage investors have already pocketed 50% ROI to date. >>BUY $ROE TOKENS NOW<< Cardano (ADA) Affected by Decline In NFT Market A report from CryptoSlam shows a consistent decline in NFT trading volume. The reports have caused concern in Cardano's (ADA) community. Cardano (ADA) has become one of the most popular NFT networks in recent years. Yet, the decline in general NFT activity is set to affect Cardano's user adoption. As Cardano's community panicked over falling NFT activity, ADA has fallen in the market following the September market crash. ADA was trading at $0.27 on August 29. By September 25, it fell by 11.1% to $0.24 as the market was overwhelmed with bearish pressures. Cardano's falling DeFi activity will undoubtedly affect ADA’s possible recovery. Analysts say Cardano's (ADA) falling adoption will worsen as it faces competition from Solana and Ethereum. With Cardano's continued decline in NFT activity, ADA could drop to $0.22. SUI Records Sharp Drop Since Mainnet Launch in May The bearish pressures in the market over the past few months have taken a sharp toll on Sui. Despite launching its mainnet on May 3, 2023, SUI has fallen sharply. The September 1 market crash has worsened SUI's market performance. It was trading at $0.58 on August 27. By September 1, the market crashed, sending SUI's price down by 17.2% to $0.48. The bearish pressure continued, causing SUI to close at $0.44 on September 25, falling by 8.3%. SUI has lost over 50% value from its May 3 price of $1.40 after its mainnet launch. Given the rising bearish pressures, analysts say SUI might not recover until next year. If this happens, SUI could fall to $0.39. Learn more about Borroe.Finance ($ROE) here: Visit Borroe.Finance Presale | Join The Telegram Group | Follow Borroe.Finance on Twitter Contact Details Blockchain Digest Team noreply@blockchaindigest.net

October 04, 2023 10:01 AM Eastern Daylight Time

Velocity Global Recognized as Leader in Everest Group’s Global EOR PEAK Matrix®

Velocity Global

Velocity Global, the world’s expert on work, announced today that it was named a Leader in Everest Group’s PEAK Matrix® Assessment 2023 for Employer of Record (EOR) Solutions. The report evaluated 20 EOR solution providers on their vision, capability, and market impact, taking into account hard metrics, client references as well as an ongoing analysis of the EOR market. “Velocity Global has been recognized as a Leader in Everest Group’s EOR Solutions PEAK Matrix® Assessment 2023 for the breadth and depth of its services that span across EOR, supplemental benefits and perks, and equity management along with local expertise across multiple geographies. Its focus on compliance and continuous investment in compliance, advanced analytics, technology sophistication, and improving the customer experience along with a strong product roadmap is well aligned with the market needs and expectations to position it well in the EOR market.” stated Priyanka Mitra, Vice President, Everest Group. Being a Leader in Everest Group’s PEAK Matrix for EOR Solutions, Velocity Global distinguishes itself by its extensive depth of offerings, investment in technology that has further advanced its capabilities, diverse portfolio of partnerships, and strong customer support. Specifically, the Everest Group report highlights several strengths contributing to Velocity Global’s positioning as a Leader, including: Breadth and depth of offerings. Velocity Global’s offerings span across EOR, supplemental benefits and perks, and equity management in over 185 countries. It supports clients of all sizes with global immigration, statutory benefits such as international pension, and health and wellness, and supports global equity awards issued as employee and non-employee grants/equity, including stock options and Restricted Stock Units (RSUs). Investment in technology. Velocity Global’s Global Work Platform™ allows clients to compliantly onboard, manage, and review payroll for employees through a single platform, augmenting its capabilities and market impact in the EOR market. Diverse partnerships and integrations. Customers can manage core HR functions through seamless bi-directional data synchronization with leading HRIS and ATS providers, including BambooHR, Oracle HCM, HiBob, Namely, Greenhouse, Lever, and Ashby providing them with a comprehensive end-to-end EOR self-serve solution that offers sourcing, faster hiring, and reliable talent management. Strong customer support. Clients referenced strong customer support, expertise in different regions, and sharp focus on compliance. “It is a testament to our continued innovation and customer-focus to be recognized as a Leader in our industry by Everest Group for the second year in a row,” said Frank Calderoni, CEO of Velocity Global. “For businesses of all sizes, international expansion and hiring is incredibly complex. As a strategic partner to our customers, we are marrying our in-depth expertise in compliance and local customs with constantly improving our technology platform so they can easily hire, manage, and retain the best talent anywhere in the world.” For more information on how Velocity Global makes opportunity borderless for people everywhere, visit www.velocityglobal.com. To learn more about what differentiates us as a leading EOR company, download the report here. About Velocity Global Velocity Global gives you the power to build your team everywhere—combining seamless technology and local expertise in 185+ countries. We make it simple to compliantly hire, pay, and manage talent anywhere. With Velocity Global, the world is yours. Contact Details Media Contact press@velocityglobal.com Company Website https://velocityglobal.com/

October 04, 2023 08:00 AM Mountain Daylight Time

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