NetworkNewsBreaks – ISW Holdings Inc. (ISWH) Ann
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ISW Holdings Inc. (OTC: ISWH), a global brand-management holdings company, is initializing production of an exclusive data center design, engineered from the ground up to deliver 1MW of computing mining power. The initial pod delivery of the new Proceso S19 Pod5ive data center design is headed to a 100-MW renewable energy Bit5ive LLC (“Bit5ive”) project in Pennsylvania. “We are set to begin phase two of a four-phase process that we believe will drive strong and rapidly growing cash flows in ISW’s mining and data center division by Q1 2021 as we fast-track positioning as a leading cryptocurrency mining equipment supplier. The first phase was about integrating leading design solutions from our expert Bit5ive partners, as well as establishing a supply chain to bring in industry-leading parts and equipment. The second phase is assembling and shipping our first units, which is now underway. The third phase, which begins in September, is about bringing in revenues from participation in the Bit5ive Pennsylvania project while simultaneously building a track record for the Proceso S19 Pod5ive Data Center Pods as a global best-in-class solution for mining facilities around the world. Phase four starts in January 2021, when we begin to fully bring this solution to the market, backed by support from our experienced Bit5ive partners and the network that comes with that powerful package, as well as our own established quantitative track record of success,” ISW Holdings president Alonzo Pierce stated in the news release.
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