- ISWH is prepared for ups, downs of the Bitcoin sector and is set to make a profit regardless of the market’s erratic performance
- “Even with the recent correction, we will start monetizing our investment with a comfortable cushion of profitability on operations,” says ISWH CEO
- Pods owned, operated by ISW Holdings will be hashing at competitive rates
In a market renowned for a wild ride, ISW Holdings (OTC: ISWH), a global brand management holdings company with commercial operations in telehealth, renewable energy and cryptocurrency mining, announced that it is commencing hashing activities (https://nnw.fm/Rvt2J). The company has been working in partnership with Bit5ive LLC (Bit5ive) to produce and begin operating proprietary POD5IVE mining pods at the Bit5ive cryptocurrency mining project based in Pennsylvania.
ISWH is prepared for the ups and downs of the Bitcoin sector and is set to make a profit even with the erratic performance of the market. “We started down this road about a year ago, and it has been quite a remarkable journey to make it to this very exciting moment,” said ISW Holdings president and chair Alonzo Pierce. “Our analysis shows we can turn a clear profit with Bitcoin pricing above the low $20k’s. So, even with the recent correction, we will start monetizing our investment with a comfortable cushion of profitability on operations.”
Pierce explained that the pods owned and operated by ISW Holdings will be hashing at competitive rates and that ISWH will also be participating in Bit5ive’s coordinated pooling strategy, which will include entering into the Bitmain mining pool. “We have strong tech, good partners, a high hash rate, an industry leading PUE, a zero carbon footprint target, and a pooled mining strategy that leverages top industry relationships established by our partner, Bit5ive,” Pierce states.
ISWH and Bit5ive partnered last year, with a shared commitment to becoming leaders in the cryptocurrency mining space. “Like the gold rush of 1848, hordes of computer-savvy entrepreneurs have flocked to mining cryptocurrencies looking for riches,” noted an article featuring ISW Holdings and its involvement in crypto mining (https://nnw.fm/Ass37). “Crypto miners extract the digital rewards of Bitcoin plus a share of transaction fees using purpose-built hardware, cost-effective power sources and computational muscle, the picks and shovels of the 21st century. The rewards appear to be greater than striking a motherlode—the global cryptocurrency mining market was valued at US $610 million in 2016 and has been projected to exceed $38 billion by 2025. Intent on capitalizing on the crypto mining market boom, ISW Holdings intends to deliver innovative crypto mining solutions by leveraging its new joint venture with Bit5ive.”
The article noted that ISW Holdings is a holding company built of diversified partnerships focused on a common goal of brand communication from developers, consultants, design engineers, contractors, subcontractors, equipment providers, installation providers, end-users, and service providers. Bit5ive is a leader in cryptocurrency mining data centers with several projects currently in development in the United States. “The synergistic partnership of the two companies intends to capture a sizable share of the burgeoning crypto mining market,” the article states.
ISWH’s partnership with Bit5ive points toward a common objective of driving ISWH’s crypto mining and renewable energy-portfolio enterprises to new levels of profitability. In addition to crypto mining and renewable energy, ISWH’s diverse portfolio includes home health care for the chronically ill, wellness and restoration, the adult beverage industry, and early-stage operations in supply chain and logistics management end users.
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
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information, please visit https://www.NetworkNewsWire.com
NetworkNewsWire is part of the InvestorBrandNetwork.