ISW Holdings (OTC: ISWH), a Nevada-based portfolio company with primary commercial-stage operations in cryptocurrency mining that is in the process of changing its name to BlockQuarry, has announced progress on phase 1 of its powerful cryptocurrency mining project. This phase of this project involves pairing 56,000 mining rigs with 200 megawatts (“MW”); the project is located in the southeastern United States. The company noted that the current phase constitutes the critical infrastructure build-out to deploy 20 MW of power to self-contained cryptocurrency mining pods. ISWH is working with Sossamon Construction Co. and Bit5ive on the project, which is one of the most innovative approaches in the space. Bit5ive plans to deliver the first tranche of new mining pods to the project site in the coming weeks. “Even with supply chain issues, we have managed to manufacture in record time,” said ISW Holdings chair and president Alonzo Pierce in the press release. “We will continue to do our best to hit our schedule objectives despite difficult market conditions, and we are thrilled to start deploying our Gen4 Pods to the site as the project ramps up. We are also excited to report that engineering and planning have gotten underway on the next sites to be developed starting in early 2022.”
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About ISW/BlockQuarry
ISW/BlockQuarry Corp is quickly becoming one of the largest mining and hosting providers in the digital currency space in North America. The company is seeking to transform the financial markets of the future. Its complement of cutting-edge technologies has enhanced the Bitcoin/cryptocurrency ecosystem as the company enables its customers to take advantage of real-time cost savings. At the same time, the company’s customers can feel confident that their digital transactions and assets are entirely secure as ISW/BlockQuarry utilizes a scalable blockchain infrastructure to convert unique identifiable assets (“UIAs”) into interchangeable digital assets such as Bitcoin and other fungible digital assets. The company offers immediate liquidity in the form of fast, confidential transactions as well as the issuance of assets in the traditional capital markets. For more information about the company, please visit 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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