About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

Contact Cabling Installation & Maintenance

Editorial

Patrick McLaughlin

Serena Aburahma

Advertising and Sponsorship Sales

Peter Fretty - Vice President, Market Leader

Tim Carli - Business Development Manager

Brayden Hudspeth - Sales Development Representative

Subscriptions and Memberships

Subscribe to our newsletters and manage your subscriptions

Feedback/Problems

Send a message to our general in-box

 

MGT Capital Investments (OTCQB: MGTI) Announces LOI to Merge with Bit5ive, LLC to Bolster Position in Bitcoin Mining

MGT Capital Investments, Inc. (OTCQB: MGTI) is engaged as a Bitcoin mining company, which conducts operations in its facility located in LaFayette, Georgia. As of May 2022, MGT maintained ownership of 430 S17 Antminer Pro and 37 Antminer S19 Pro mining machines. Shares of the Bitcoin mining company are soaring 63% through afternoon trading on Wednesday, September 14, 2022. Over the past thirty days, MGT Capital Investments has seen average daily volume of 1.01 million shares. However, volume of 18.24 million shares or dollar volume of around $193,344, has already exchanged hands through afternoon trading.

Shares of MGT Capital Investments are surging after the company announced that it has entered into a non-binding letter of intent to merge with Bit5ive, LLC, in a stock swap transaction. The deal remains subject to execution of definitive agreements, completion of Bit5ive’s financial audit, as well as approval from Bit5ive’s stockholders.

Under the terms of the LOI, MGT Capital would issue between 70% and 80% of outstanding MGTI common stock to Bit5ive’s existing members. As a result, Bit5ive founder, Robert Collazo would be appointed as the new CEO of the combined entity.

Bit5ive was originally founded in 2015 by Robert Collazo and serves as an innovative Bitcoin and cryptocurrency mining company. The company is responsible for developing the popular Pod5ive mobile mining system, which can help miners quickly deploy mining operations. Bit5ive is also an official distributor of Bitmain PTY machines across Central and South America.

In conjunction with the LOI news, MGT also announces that it has issued $1.5 million in senior secured convertible notes and warrants, which is providing the company with net proceeds of $1,335,000.

“We are excited to be entering the public market and bringing our company’s vision to the world.  Bit5ive has been growing rapidly, and we’re delighted about this next chapter which will help us continue to innovate and provide new opportunities for our investors, partners, and employees,” noted Bit5ive founder Mr. Collazo.

Disclosure: No position. Spotlight Growth has no relationships with any of the companies mentioned in this article and did not receive payment in any form for its creation. This is an opinion article and is not meant to be financial advise. We are not broker-dealers or investment professionals. Please conduct your own due diligence. For more information on our disclosures, please visit: https://spotlightgrowth.com/disclosures/

The post MGT Capital Investments (OTCQB: MGTI) Announces LOI to Merge with Bit5ive, LLC to Bolster Position in Bitcoin Mining appeared first on Spotlight Growth.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.