RANCHO CORDOVA, CA - October 1, 2025 (NEWMEDIAWIRE) - iMD Companies, Inc. (OTC: ICBU) is thrilled to announce its strategic initiative to engage in cloud mining, a cutting-edge approach to cryptocurrency mining that positions the company to capitalize on the growing digital asset market without the complexities of managing physical hardware.
What is Cloud Mining?
Cloud mining enables iMD Companies, Inc. to lease computational power, or "hash rate," from advanced data centers operated by specialized providers. These providers manage all aspects of mining operations, including hardware, electricity, cooling, and maintenance, allowing iMD to focus on earning mining rewards. When the leased hardware contributes to successfully mining a block on the blockchain, iMD receives a proportional share of the rewards, primarily in Bitcoin, based on the allocated hash rate.
This innovative model, often described as "mining as a service," eliminates the need for costly equipment or technical expertise, making it an accessible entry point into cryptocurrency mining. By leveraging cloud mining, iMD bypasses the high barriers of traditional mining, which have intensified due to Bitcoin’s escalating mining difficulty and competition from large-scale operations.
How iMD is Implementing Cloud Mining
iMD Companies is actively exploring partnerships with leading cloud mining platforms to secure contracts tailored to its strategic goals. These contracts, such as leasing 10 TH/s of hash rate for 30 days, will specify the computational power, contract duration, and associated fees. This approach allows iMD to efficiently participate in mining Bitcoin and potentially other proof-of-work cryptocurrencies, aligning with its vision to diversify revenue streams in the digital asset space.
Strategic Importance for iMD
"Cloud mining represents a significant opportunity for iMD to enter the cryptocurrency market with minimal overhead while maximizing potential returns," said Rick Wilson, CEO for iMD Companies, Inc. "This initiative aligns with our mission to innovate and expand our portfolio in high-growth sectors like blockchain technology."
For additional details on iMD’s cloud mining strategy and other corporate developments, visit imdcompaniesinc.com or review the company’s latest filings on OTC Markets. Follow iMD Companies, Inc. on social media for real-time updates:
- Twitter: twitter.com/imd_inc
- Instagram: instagram.com/imdcompaniesinc
About iMD Companies, Inc.
iMD Companies, Inc. (OTC: ICBU) is a Florida-based holding company focused on acquisitions and technology development in the healthcare and blockchain sectors. With a mission to drive innovation, iMD combines the expertise of its team to create a dynamic force in the marketplace, delivering value to stakeholders through strategic growth initiatives.
Safe Harbor Statement
Certain statements in this press release are forward-looking and based on management’s current expectations, estimates, and projections. Words such as “expects,” “anticipates,” “plans,” “believes,” and similar expressions identify forward-looking statements, made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve risks and uncertainties that may cause actual results to differ materially from those forecasted. iMD Companies, Inc. does not undertake any obligation to update forward-looking statements to reflect events or changes in expectations after the date of this release.
Contact:
iMD Companies, Inc.
Email: info@imdcompaniesinc.com
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