CryptoNewsBreaks – ISW Holdings Inc.’s (ISWH) Crypto Mining Revenue Run Rate Begins to Exceed Expectations

March 1, 2022 14:33:29

ISW Holdings (OTC: ISWH), a global brand-management holdings company with commercial operations in renewable energy cryptocurrency, recently provided an update to shareholders, reporting the results of a tremendous year of growth ahead of what promises to be a game-changing 2022. The update included an overview of the company’s mining performance, the status of its Southeastern U.S. project, and a summary of its expansion plans. “‘As we approach year-end, the company’s revenue run rate from its own cryptocurrency mining operations has begun to exceed internal and publicly stated expectations,’ the report noted. In addition, the report noted that phase one of ISWH’s Southeastern U.S. project to pair 56,000 mining rigs with 200 megawatts of power is slated to go live, which has begun to ‘activate [the initial] 20 MW of power deployed to self-contained cryptocurrency mining pods,’” a recent article reads. “This year, the company anticipates future operations that leverage up to 56,840 crypto asset mining computers with a hosting and mining operations fleet…”

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ISW Holdings Inc.

ISW Holdings is an American cryptocurrency mining company supporting blockchain infrastructures that operate globally. As one of the fastest growing crypto mining and mine hosting providers in America, ISW Holdings is quickly transforming the decentralized finance (“DeFi”) and blockchain industries. The company provides low cost, sustainable solutions to the cryptocurrency mining ecosystem. ISW Holdings utilizes scalable blockchain infrastructure to convert unique identifiable assets (“UIAs”) into interchangeable digital assets such as Bitcoin and other types of fungible digital assets. Offering immediate liquidity in the form of fast, confidential transactions, as well as the issuance of assets in the traditional capital markets. The company focuses on hosting and mining Bitcoin with eyes on new IP in crypto and blockchain, and currently leases and operates renewable energy power generation facilities in Gaffney, South Carolina. ISW Holdings is vertically integrated and maintains a fleet of digital/cryptocurrency mining equipment and infrastructure. Based on current partnerships, agreements and memorandums, the company anticipates future operations that leverage up to 56,840 crypto asset mining computers (“miners”). The company’s hosting and mining operations fleet currently comprises approximately 300 Bitmain Antminer S17 Pro (“S17 Pro”) miners, approximately 150 Bitmain Antminer S19 (“95T”) miners, approximately 250 Canaan AvalonMiner 1296 Pro (“90T”) miners, and approximately 5,600 series S19 J Pro (“100-110T”) miners per 20 MW of implemented power up to 56,000 S19 J Pro miners for its 200 MW project in partnership with BITMAIN Technologies.

NOTE TO INVESTORS: The latest news and updates relating to ISWH are available in the company’s newsroom at http://ccw.fm/ISWH

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