NetworkNewsBreaks – ISW Holdings Inc. (ISWH) Pro
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Posted On: 06/22/2021 3:36:25 PM
NetworkNewsBreaks – ISW Holdings Inc. (ISWH) Provides Update on Bit5ive Partnership, Crypto Mining Status
ISW Holdings (OTC: ISWH), a global brand management holdings company with commercial operations in telehealth and renewable energy cryptocurrency mining, has released a status update of its cryptocurrency mining operations; the company partners with Bit5ive LLC in this space; Bit5ive is North America’s largest provider of collective management services and mining equipment. The two companies together are focused on offering turnkey solutions for delivering cost-efficient and reliable hosting, distribution of mining equipment, complete facility management and mining pool operations. In the announcement, the company noted that ISW Holdings will continue to benefit from 24/7 technician support to handle monitoring, troubleshooting, upgrades, firmware management and more. In addition, the two companies anticipate new growth opportunities related to acquisitions and potential partnerships. “Our partnership with Bit5ive has provided us with a state-of-the-art POD5 infrastructure and the ability to develop efficient and expandable mining operations. We look forward to further expansion and optimization in this domain over the coming months,” said ISW Holdings president and chair Alonzo Pierce in the press release. “We continue to make huge progress, recently increasing our hashrate to 72,000 Th/s, driving an expected $484,000 in monthly revenue — or over $5.8 million annually — through the Bitmain Antminer s17 fleet we already have online and working. As we continue to maximize our hashrate, we should see a reduction in proportional direct costs associated with mining operations.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
ISW Holdings (OTC: ISWH), a global brand management holdings company with commercial operations in telehealth and renewable energy cryptocurrency mining, has released a status update of its cryptocurrency mining operations; the company partners with Bit5ive LLC in this space; Bit5ive is North America’s largest provider of collective management services and mining equipment. The two companies together are focused on offering turnkey solutions for delivering cost-efficient and reliable hosting, distribution of mining equipment, complete facility management and mining pool operations. In the announcement, the company noted that ISW Holdings will continue to benefit from 24/7 technician support to handle monitoring, troubleshooting, upgrades, firmware management and more. In addition, the two companies anticipate new growth opportunities related to acquisitions and potential partnerships. “Our partnership with Bit5ive has provided us with a state-of-the-art POD5 infrastructure and the ability to develop efficient and expandable mining operations. We look forward to further expansion and optimization in this domain over the coming months,” said ISW Holdings president and chair Alonzo Pierce in the press release. “We continue to make huge progress, recently increasing our hashrate to 72,000 Th/s, driving an expected $484,000 in monthly revenue — or over $5.8 million annually — through the Bitmain Antminer s17 fleet we already have online and working. As we continue to maximize our hashrate, we should see a reduction in proportional direct costs associated with mining operations.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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