NetworkNewsBreaks – ISW Holdings Inc. (ISWH) Ink
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Posted On: 07/22/2021 3:51:38 PM
NetworkNewsBreaks – ISW Holdings Inc. (ISWH) Inks Hosting/Mining Agreement to Launch Phase One Cryptocurrency Mining Operation
ISW Holdings (OTC: ISWH), a global brand management holdings company with commercial operations in telehealth and renewable energy cryptocurrency mining, has finalized an agreement outlining a cryptocurrency mining hosting operation Bitmain Technologies, the world’s leading producer of cryptocurrency mining hardware and a leading global cryptocurrency mining firm. The agreement is the beginning of ISWH’s launch of phase one cryptocurrency hosting and mining operation in Georgia. Calling the agreement a “pioneering project” and “milestone,” Bitmain officials noted that the company expects to further expand the project moving forward to support the development of the industry. A recent crackdown on mining activities by the Chinese government has led to vast opportunities in the space as miners look to relocate geographically. “Bitmain is probably the most recognizable name in the mining space, and we are excited that they will be a major piece of our success in Georgia,” said ISW Holdings president and chair Alonzo Pierce in the press release. “Once our 200 MW power tranche is fully utilized, we anticipate annualized revenues of over $200 million, but that will only close the first phase of our vision. We look forward to discussing our next phases in due course. If we are able to execute according to our full vision, we have the potential to drive exponential revenue growth ahead. . . . We are grateful for the opportunity to work closely with some of the best in the business. Bitmain has solidified itself as a trailblazer in the cryptocurrency mining industry, and we look forward to a bright future together in Georgia.”
To view the full press release, visit https://nnw.fm/Cr7X9
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 an agreement outlining a cryptocurrency mining hosting operation Bitmain Technologies, the world’s leading producer of cryptocurrency mining hardware and a leading global cryptocurrency mining firm. The agreement is the beginning of ISWH’s launch of phase one cryptocurrency hosting and mining operation in Georgia. Calling the agreement a “pioneering project” and “milestone,” Bitmain officials noted that the company expects to further expand the project moving forward to support the development of the industry. A recent crackdown on mining activities by the Chinese government has led to vast opportunities in the space as miners look to relocate geographically. “Bitmain is probably the most recognizable name in the mining space, and we are excited that they will be a major piece of our success in Georgia,” said ISW Holdings president and chair Alonzo Pierce in the press release. “Once our 200 MW power tranche is fully utilized, we anticipate annualized revenues of over $200 million, but that will only close the first phase of our vision. We look forward to discussing our next phases in due course. If we are able to execute according to our full vision, we have the potential to drive exponential revenue growth ahead. . . . We are grateful for the opportunity to work closely with some of the best in the business. Bitmain has solidified itself as a trailblazer in the cryptocurrency mining industry, and we look forward to a bright future together in Georgia.”
To view the full press release, visit https://nnw.fm/Cr7X9
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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