NetworkNewsWire Editorial Coverage: Industry experts predict a surging acceptance of blockchain technologies in the next three years, and the global cryptocurrency mining market is forecast to reach almost $40 billion.
With a growing number of organizations around the world adopting cryptocurrency and blockchain technologies, smart companies operating within the space are working to strengthen their positions in the burgeoning industry. International Spirits & Wellness Holdings Inc. (“ISW Holdings”) (OTC: ISWH) (ISWH Profile) is partnering with Bit5ive LLC, a global leader in cryptocurrency mining and innovative turnkey mining solutions. ISW Holdings plans to combine this joint venture with its recent renewable energy project to offer crypto miners the essential energy, hardware and infrastructure necessary to make the most of their mining efforts. Other savvy companies are making their mark in the cryptocurrency and blockchain sectors as well. Earlier this month, HIVE Blockchain Technologies Ltd. (OTC: HVBTF) announced a second purchase of second-generation miners, designed to increase the company’s Bitcoin hash rate and mining efficiency. Marathon Patent Group Inc. (NASDAQ: MARA) is following the same trajectory with its recent purchase of 500 additional next-generation S19 PRO ASIC MINERS. Other companies excelling in the blockchain space include tZERO, a majority-owned subsidiary of Overstock (NASDAQ: OSTK), which was just named best blockchain solution of the year by FTF News Technology Innovation Awards 2020, and tech giant International Business Machines Corporation (NYSE: IBM), which has filed a multitude of patents based on blockchain…
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