- ISW Holdings adds two revolutionary POD5IVE datacenters, triples its cryptocurrency mining fleet
- Each new datacenter brings potential $2.9 million in annualized revenues
- ISWH firmly committed to strategic vision for cryptocurrency mining amid record-high margins and growing acceptance of cryptocurrency assets
ISW Holdings (OTC: ISWH), a diversified global portfolio company comprised of essential business lines focused on telehealth and cryptocurrency mining, recently boosted its active cryptocurrency mining fleet with additional POD5IVE datacenters (https://nnw.fm/R7iOf). Despite inevitable pandemic-related supply chain challenges, ISWH managed to add two POD5IVE datacenters. With these newly added units, the company effectively tripled its initial mining fleet; the company now operates three POD5IVE data center units, expected to significantly impact its financial fundamentals.
ISWH’s Pod5 Cryptocurrency Mining Pod is a fully self-contained, high-PUE mining solution designed, assembled and installed in partnership with Bit5ive LLC at the Bit5ive 100 MW renewable energy cryptocurrency mining facility in Pennsylvania. The pod’s elegant, powerful and efficient design provides revolutionary dynamic plug-and-play operation that offers industry top-of-the-range 1.06 power usage effectiveness score. Self-managed and with virtually no maintenance requirements, this state-of-the-art datacenter pod is a unique cryptocurrency mining equipment solution.
ISW Holdings began implementing a four-phase growth plan last year. Phase 1 and 2, which involved developing the design and establishing a supply chain to build its revolutionary Pod5 mining solution in partnership with Bit5ive, has been completed.
Further advancement on the path towards robust growth continues with phase 3, which includes the mining launch, targeting revenue generation from participation in the Bit5ive Pennsylvania project and expanding the mining activities through additional Pod5 units. The final phase 4 will include further expansion in total mining capacity and initial sales of Pod5 units, with the support from the company’s Bit5ive partnership and the track record from phase 3 operations (https://nnw.fm/lUPOZ).
The expansion phase involves assembling, equipping and powering up additional Pod5 units that can house 300 miners each. Every unit represents approximately $2.9 million in annualized revenue-generating opportunity from mining activities at current market prices.
ISW Holdings’ strategic vision for its cryptocurrency segment is based on fundamental confidence in the long-term viability of cryptocurrency as store of value and platform for global commerce. Aligned with that vision, the company is committed to invest, expand and capitalize on its robust investments made from May of last year at a time when margins are at historical levels following further strength in the value of cryptocurrency assets.
“As we continue to bring our miners online, we want our shareholders to be able to track the expansion and profitability of the company’s mining activity given the sharp rising trend in Bitcoin prices,” said ISW Holdings president and chairman Alonzo Pierce. Cryptocurrency assets have seen significant uphold from prominent corporate, financial and regulatory players over the past year. All of this contributes to the increasing mainstream acceptance of crypto-assets, putting the company in a strong position given its early investment in developing the Pod5 last year.
Based in Nevada, ISW Holdings 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, ISWH seeks to provide a structure that meets large scalability demands as well as anticipated marketplace needs. ISWH maneuvers its proprietary companies through critical stages of market development, which includes conceptualization, go-to-market strategies, engineering, product integration and distribution efficiency.
For more information, visit the company’s website at www.ISWHoldings.com.
NOTE TO INVESTORS: The latest news and updates relating to ISWH are available in the company’s newsroom at http://nnw.fm/ISWH
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