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ISW Holdings Inc. (OTC: ISWH) has been featured in an editorial by NetworkNewsWire, highlighting the shift of cryptocurrency mining from China to North America due to regulatory actions in China aimed at reducing carbon emissions. The editorial emphasizes ISW Holdings' focus on cleaner energy solutions, positioning it favorably in the evolving crypto-mining landscape. The company's diversified portfolio aims to meet consumer demands through strategic brand development and innovation. ISW has also partnered with Bengala Technologies to enhance supply chain management, with a patent pending for their advancements.
ISW Holdings, Inc. (OTC: ISWH) has secured $8 million in funding from RB Capital Partners, Inc. for its cryptocurrency mining and telehealth operations. This funding, structured as a convertible note at $1.50 per share, will facilitate infrastructure development for its mining facility in Georgia and other strategic investments aimed at operational efficiency. RB Capital may provide an additional $12 million under similar terms. The company expresses confidence in its growth potential and aims for a Nasdaq uplist, supported by the elimination of toxic debt and favorable geopolitical conditions in cryptocurrency.
ISW Holdings (OTC: ISWH) announced a significant land lease agreement for a 7-acre site in Georgia dedicated to cryptocurrency mining. This site boasts access to over 100 MW of energy resources, positioning the company to potentially become a top-five global player in the sector. With a strategic partnership with Bit5ive, the largest provider of renewable energy services for mining, ISW Holdings anticipates a gross revenue run rate exceeding $100 million annually upon full operation. The move comes as China restricts domestic mining, creating new opportunities for ISW.
ISW Holdings, Inc. (OTC: ISWH) announced the completion of a full audit for its 2020 financial records, following previous audits for 2018 and 2019. This audit allows ISWH to file Form 10 for becoming a fully-reporting entity with the SEC, aiding in its goal to uplist shares to a major exchange pending revenue growth. The company benefits from reduced competition in cryptocurrency mining, with a significant portion of global hash rate dropping, and has secured a new land lease in Georgia for mining operations.
ISW Holdings (OTC: ISWH) has secured a land lease for a 7-acre site in Georgia dedicated to cryptocurrency mining, harnessing over 100 MW of power. The first phase aims to deploy 20 MW through 20 POD5 units, with projected gross revenues over $10 million annually. The company anticipates becoming a top player in the global cryptocurrency mining sector, especially as China reduces its mining operations. Plans for scalability are in progress, with potential revenues exceeding $100 million annually once the full capacity is operational.
ISW Holdings (OTC: ISWH) has provided an update on its cryptocurrency mining operations in partnership with Bit5ive. The company reports a current market cap of approximately $25 million and a hashrate increase to 72,000 Th/s, leading to projected monthly revenues of $484,000. The operations, located in Pennsylvania, leverage efficient energy resources to optimize costs. Additionally, ISW Holdings is exploring growth opportunities and will participate in the Mining Disrupt Expo in Miami on July 20-21.
ISW Holdings (OTC: ISWH) announces significant progress in its convertible debt resolution, successfully eliminating over $2.4 million in obligations to GPL Ventures, covering 92% of its outstanding debt. The company has commenced cryptocurrency mining operations in Pennsylvania and Georgia, targeting a carbon-neutral approach and aiming for robust topline growth. An audit of 2020 performance is forthcoming, with plans to file Form 10 with the SEC, strengthening prospects for uplisting. President Alonzo Pierce emphasizes ongoing efforts to enhance shareholder value and operational growth.
ISW Holdings, Inc. (OTC: ISWH) has announced the delivery of 300 cryptocurrency miners for its POD5IVE Mining pods, marking a significant expansion in its mining operations. President Alonzo Pierce mentioned that this order enhances efficiency and scalability amidst rising demand for mining equipment and a global microchip shortage. Partnering with Bit5ive LLC has facilitated access to increased production capacity. The company is committed to achieving a carbon-neutral footprint in its mining activities, which are currently profitable due to favorable Bitcoin prices.
ISW Holdings (OTC: ISWH) recently featured its President, Alonzo Pierce, on the Waypoint Podcast, addressing the company's partnership with Bit5ive in the crypto mining space. Highlights included the move towards carbon-neutral mining operations and a coordinated pooled mining strategy. The partners emphasized their sourcing ability amidst a global chip shortage, aided by a strong relationship with Bitmain for mining hardware. Additionally, they discussed upcoming operational expansions and profitability potential with Bitcoin prices above $25,000. The joint venture aims for long-term growth in cryptocurrency mining.
ISW Holdings (OTC: ISWH) is launching its cryptocurrency mining operations this week with its POD5IVE mining pods at the Bit5ive project in Pennsylvania. The Company anticipates profitability with Bitcoin prices above the low $20,000s. President Alonzo Pierce stated they have strong technology, partners, and a high hash rate, aiming for zero carbon footprint mining. Additionally, ISW is participating in Bit5ive’s pooling strategy, entering the Bitmain mining pool. The company positions itself to meet increasing demands in the evolving crypto market.
