NetworkNewsBreaks – ISW Holdings Inc. (ISWH) Clo
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Posted On: 07/01/2021 3:55:00 PM
NetworkNewsBreaks – ISW Holdings Inc. (ISWH) Closes on First Phase of Georgia Crypto Mining Farm
ISW Holdings (OTC: ISWH), a global brand management holdings company with commercial operations in telehealth and renewable energy cryptocurrency mining, has finalized a land lease development agreement granting the company full use of a first-phase, seven-acre property in Georgia. The property is designed for cryptocurrency mining operations and includes access to energy resources capable of powering more than 100 MW of cryptocurrency mining capacity. The agreement marks the company’s expansion into hosting mining operations; this first phase consists of more than 20 MW of power being deployed among 20 separate New Generation 1-MW POD5 units. The company also plans to execute additional agreements with some of the world’s largest and best-known mining companies that are seeking additional accommodation for expanded mining operations. “This agreement puts us in position to scale up into a top-five global cryptocurrency mining position by volume,” said ISW Holdings president and chair Alonzo Pierce in the press release. “We control an ideal plot of land, to initiate the 1st phase with additional access to over 100 megawatts of power for use in crypto mining. We also have our close partner Bit5ive LLC — North America’s largest provider of collective management of renewable, clean energy services and mining equipment — right on premises to manage and develop the mining operations at the site. China is cracking down hard and shutting down its domestic crypto mining industry. This has enormous consequences because more than half of the world’s cryptocurrency mining has been taking place in China. As a result, we are already fielding calls from mining firms seeking a new home. We are now equipped to handle this at scale. We have the power!”
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 finalized a land lease development agreement granting the company full use of a first-phase, seven-acre property in Georgia. The property is designed for cryptocurrency mining operations and includes access to energy resources capable of powering more than 100 MW of cryptocurrency mining capacity. The agreement marks the company’s expansion into hosting mining operations; this first phase consists of more than 20 MW of power being deployed among 20 separate New Generation 1-MW POD5 units. The company also plans to execute additional agreements with some of the world’s largest and best-known mining companies that are seeking additional accommodation for expanded mining operations. “This agreement puts us in position to scale up into a top-five global cryptocurrency mining position by volume,” said ISW Holdings president and chair Alonzo Pierce in the press release. “We control an ideal plot of land, to initiate the 1st phase with additional access to over 100 megawatts of power for use in crypto mining. We also have our close partner Bit5ive LLC — North America’s largest provider of collective management of renewable, clean energy services and mining equipment — right on premises to manage and develop the mining operations at the site. China is cracking down hard and shutting down its domestic crypto mining industry. This has enormous consequences because more than half of the world’s cryptocurrency mining has been taking place in China. As a result, we are already fielding calls from mining firms seeking a new home. We are now equipped to handle this at scale. We have the power!”
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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