Friday, 9 July 2021

​ISW HOLDINGS CLOSES ON ITS 1ST PHASE OF OVER 100MW GEORGIA CRYPTO MINING FARM CAPABLE OF DRIVING OVER $100M IN ANNUAL GROSS REVS

LAS VEGAS, July 8 (Bernama-GLOBE NEWSWIRE) -- via InvestorWire -- ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company”), a global brand management holdings company, is excited to announce that it has finalized its land lease development agreement, which grants the Company full use of a 1st phase 7-acre parcel of property in Georgia tailored for cryptocurrency mining operations, complete with access to energy resources capable of powering over 100 MW of cryptocurrency mining capacity.

“This agreement puts us in position to scale up into a top-five global cryptocurrency mining position by volume,” remarked ISW Holdings President and Chairman, Alonzo Pierce. “We control an ideal plot of land, to initiate the 1st phase with additional access to over 100 megawatts of power for use in crypto mining. We also have our close partner Bit5ive, LLC – North America’s largest provider of collective management of renewable, clean energy services and mining equipment – right on premises to manage and develop the mining operations at the site. China is cracking down hard and shutting down its domestic crypto mining industry. This has enormous consequences because more than half of the world’s cryptocurrency mining has been taking place in China. As a result, we are already fielding calls from mining firms seeking a new home. We are now equipped to handle this at scale. We have the power!”

http://mrem.bernama.com/viewsm.php?idm=40481

No comments:

Post a Comment