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.”
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About ISW Holdings Inc.
ISW Holdings, based in Nevada, is a diversified portfolio company comprised of essential business lines that serve consumer product demands. The company’s expertise lies in strategic brand development and early growth facilitation, as well as brand identity through its proprietary procurement process. Together with its partners, ISW Holdings seeks to provide a structure that meets large scalability demands, as well as anticipated marketplace needs. The company is able to meet these needs through a variety of strategic innovative processes. ISWH is creating and managing brands across a spectrum of disruptive industries. It maneuvers its proprietary companies through critical stages of market development, which includes conceptualization, go-to-market strategies, engineering, product integration and distribution efficiency. The company has also partnered with a well-known software development and consulting company, Bengala Technologies LLC, which is developing significant enhancements in the supply chain management space, and the partnership has a vitally needed patent now pending. For more information about the company, please visit www.ISWHoldings.com.
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