ISW Holdings Inc. (ISWH), Bit5ive JV Timing Ideal as North America Crypto-Mining Market Expected to Explode

Rhea-AI Summary

ISW Holdings Inc. (OTC: ISWH) has released an audio broadcast titled, “North America to Become Crypto-Mining Central Now That China Miners Have Gone Dark.” The company anticipates a significant shift in the cryptocurrency mining landscape following China's crackdown, which is projected to reduce its mining capacity by 90%. This presents an opportunity for North America to dominate the market, leading to potential increases in revenue for miners. ISWH's recent partnership with Bit5ive LLC emphasizes its commitment to sustainable mining practices.

Positive

• Projected 90% reduction in China's mining capacity allowing North America to dominate cryptocurrency mining.
• Strategic partnership with Bit5ive LLC focusing on carbon-neutral cryptocurrency mining.
• Expanded business operations in response to changing market conditions in cryptocurrency.

Negative

• None.

NEW YORK, July 16, 2021 (GLOBE NEWSWIRE) -- NetworkNewsAudio – ISW Holdings Inc. (OTC: ISWH) announces the availability of a broadcast titled, “North America to Become Crypto-Mining Central Now That China Miners Have Gone Dark.”

To hear the AudioPressRelease, please visit: The NetworkNewsAudio News Podcast

To view the full editorial, please visit: https://nnw.fm/AQaXE

Lower hashrate, effectively less competition, equates to higher revenue and profits for miners. Ultimately, the hashrate will continue to eke back upward as, much like the digital ledger tracking Bitcoin transactions, the marketplace becomes more decentralized. Estimates are that Beijing’s crackdown will slash the country’s mining capacity by 90% with North America expected to become the dominant crypto mining market.

ISW Holdings Inc. (OTC: ISWH) is a diversified portfolio company specialized in strategic brand development, early-growth facilitation and brand identity. The Nevada-based company has a healthcare division focused on telehealth and a partnership with Bengala Technologies for innovations in the supply chain management space. In addition, last year ISWH teamed up with Bit5ive LLC on a mission to mine cryptocurrency with zero carbon footprint. With consideration for the significant shift in mining activity that is underway, the joint venture between ISWH and Bit5ive couldn’t have been timed better.

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, 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, visit www.ISWHoldings.com.

NOTE TO INVESTORS: The latest news and updates relating to ISWH are available in the company’s newsroom at http://ibn.fm/ISWH

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FAQ

What is the significance of ISWH's recent press release regarding cryptocurrency mining?

ISW Holdings Inc. anticipates a shift in the cryptocurrency mining landscape due to China's crackdown, which could reduce its mining capacity by 90%, allowing North America to become a leading market.

How does the partnership between ISWH and Bit5ive LLC impact their cryptocurrency mining strategy?

The partnership focuses on mining cryptocurrency with zero carbon footprint, positioning ISWH as a sustainable player in the evolving crypto landscape.

What opportunities does ISWH foresee in the aftermath of China's mining restrictions?

ISWH expects increased revenue and reduced competition in cryptocurrency mining as North America takes advantage of the situation created by China's crackdown.

What are ISWH's main business areas according to the press release?

ISWH specializes in strategic brand development, telehealth, and supply chain management innovations, alongside its cryptocurrency mining ventures.