Las Vegas, NV, Feb. 09, 2021 (GLOBE NEWSWIRE) — through NewMediaWire — ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Firm”), a worldwide model administration holdings firm with industrial operations in Telehealth and Cryptocurrency Mining, is happy to announce that its revolutionary Pod5 Cryptocurrency Mining Pod can be powered up into full operational launch on the Bit5ive renewable power cryptocurrency mining facility in Pennsylvania on February 12, 2021.
“We’re very excited to lastly be able to launch full mining operations at a time when margins are at historic ranges following additional energy within the worth of cryptocurrency property,” commented Alonzo Pierce, President and Chairman of ISW Holdings. “However make no mistake about it: we’re doing this as a result of now we have a elementary perception within the long-term future viability of cryptocurrency techniques as shops of worth and bonafide platforms for international commerce. We began diversifying our money into Bitcoin almost two years in the past. And we partnered with Bit5ive early final yr and commenced the design for our Pod5 unit when Bitcoin was nonetheless beneath $10,000 per coin.”
The Firm fashioned a three way partnership partnership with Bit5ive, LLC, (“Bit5ive”) in Could 2020 to construct and ship a chic, highly effective, and environment friendly information heart pod design. The Pod5 Datacenter is the consequence.
Designed in partnership with Bit5ive, and geared primarily for the cryptocurrency mining trade, the Pod5 Datacenter affords next-generation dynamic self-management performance, plug-and-play operation, just about non-existent upkeep wants, and an trade best-in-class 1.06 Energy Utilization Effectiveness rating.
The Firm’s first Pod5 Datacenter unit was accomplished, by way of design, by August 2020 and had been absolutely assembled as of late November 2020. It was shipped to the Bit5ive Pennsylvania mining venture in December 2020 and put in shortly thereafter. It’s now prepared for energizing and mining launch and can be switched on later this week.
Pierce added, “Our long-term view on cryptocurrency property has seen vital assist from company and regulatory gamers over the previous yr, with the newest instance being Tesla’s 10k submitting on Monday saying it has began to speculate its money in Bitcoin and plans to simply accept Bitcoin as cost. We have now additionally seen main gamers like PayPal, Sq., and JPMorgan all contribute to the rising sense of legitimacy for crypto property. All of this places our funding in growing the Pod5 final yr on very sound footing. We can have further information over coming days that reinforces this place.”
About ISW Holdings
ISW Holdings, Inc. (ISWH), primarily based in Nevada, is a diversified portfolio firm comprised of important enterprise traces that serve client product calls for. Our experience lies in strategic model improvement, early progress facilitation, in addition to model id via our proprietary procurement course of. Collectively, with our companions, we search to supply a construction that meets massive scalability calls for, in addition to anticipated market wants. We’re capable of meet these wants via quite a lot of strategic revolutionary processes. ISWH is creating and managing manufacturers throughout a spectrum of disruptive industries. It maneuvers its proprietary corporations via important phases of market improvement, which incorporates conceptualization, go-to-market methods, engineering, product integration, and distribution effectivity. The corporate has additionally partnered with a well known software program improvement and consulting firm, Bengala Applied sciences LLC, which is growing vital enhancements within the provide chain administration area; and the partnership has a vitally wanted patent now pending.
For extra info, go to www.iswholdings.com
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