BlockQuarry Corp (BLQC)

[Babubd]

10+ Bucks in coming! Big Things are Brewing Behind the Scenes!!

Folks, Bitcoin was around 50 Cents in 2012 and recently it hit $64.85K+ and it's Flying High again. Coinbase Global, Inc. (COIN) was around 15 Cents (private placement) in 2013 and it hit $429+ at it's debut in NASDAQ on 14th April, 2021!! PPS of Voyager Digital Ltd. (VYGVF) climbed $30+ recently with 52-wk low of $0.10 (300,00% up)! RIOT climbed over $79 with 52-wk low of $0.76 (over 100,00% up)! ...Just amazing!! I think ISWH is next.

BlockQuarry Corp. has a number of shares outstanding only 66.99 million including 12.976 million restricted shares and a float of 36.90 million. Crypto Mining Stock with such a super low share structure in OTC, PPS @ $10..$15..$20..$25..$50..$100++!!??, anything is possible.
https://www.otcmarkets.com/stock/ISWH/security

Shorts are screwed up here. Total Naked Shorts Position is over 5.112 Million. Huge Short Squeeze is imminent. Shorts are gonna be scrambling, weeping and biting their nails.
https://marketwirenews.com/stock/ISWH/short/

Let's go ISWH and Break $50!!

Know What You Own

ISW Holdings Will Host 56,000 Miners In Recent Partnership Agreement with Bitmain

LAS VEGAS, Sept. 07, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company,” transitioning to “BlockQuarry,” pending name change), a Nevada-based portfolio company with primary commercial-stage operations in cryptocurrency mining, is pleased to provide current and prospective shareholders with a more detailed discussion about the Company’s recent landmark deal with Bitmain Technologies (“Bitmain”), the world’s leading producer of cryptocurrency mining hardware and a leading global cryptocurrency mining firm.

Total Mining Capacity and Timeline to Launch. The deal will involve 56,000 Bitmain mining rigs pairing with 200 megawatts (“MW”) of power at the Company’s “POD- CITY” location in Georgia. The Company expects to have the first 20 MW of power paired with rigs and running full-out by October 2021. The schedule calls for having all 56k miners hooked up to all 200 MW of power and running full-out by October 2022.

Estimated Topline Revenue Impact. The Company estimates that this full complement running at full capacity will be capable of driving estimated annual revenues well in excess of $100 million (over $10 million per month) for ISW Holdings/ BlockQuarry in hosting service fees. This is not contingent upon cryptocurrency pricing.

Key Partners. The partnership is tripartite, between Bitmain, ISW Holdings, and Bit5ive, LLC (“Bit5ive).

Bitmain will bring mining machines, capital, and expertise into the bargain, consuming hosting services and power up to and potentially in excess of 200 MW for a 5-year term.

Bit5ive will bring power, hosting services, project management services, and expertise to the table.

ISW Holdings will provide funding, expertise, hosting services, mining services, access to power, and access to public market investors.

Costs Involved. For ISW Holdings, the cost for the entire roll-out to setup and activate mining machines using 200 MW of power will be a total of $62 million. Of that, $6 million has already been paid with $56 million remaining.

Current Mining Operations (excluding Bitmain deal). The Company is currently running 700 miners, representing a mix of Bitmain Antminer S17’s, BitMain S19 95TH/ s’s, and Canaan Avalons. Those miners are running in POD5 units in Stronghold, Pennsylvania, at a site managed by Bit5ive. The current hashrate is 36,000 TH/s, with an upside potential of 54,000 TH/s given current capacity.

This operational state is capable of producing annual revenues of $4.8 million to $6 million given current three-month trailing average pricing for major cryptocurrency markets. The Company is also actively expanding its mining operations as the business scales up.

Management Commentary. “The nature of our business changed significantly last summer when we partnered with Bit5ive and began designing state-of-the-art mining pods with a bold vision and a deep conviction in the value proposition of the cryptocurrency marketplace,” remarked Alonzo Pierce, president and chairman of ISW Holdings. “Now, just a bit over a year later, we are on the verge of becoming one of the top players in the cryptocurrency world after bringing Bitmain to the table in a deal that will see all parties unlock significant value. Looking ahead, our hosting service revenues will be stable and substantial, and capable of strong growth. And our mining revenues will fluctuate with prices in the cryptocurrency space. That will give us a strong foundation and enormous growth with a significant non-volatile component. This should put us in position to meet requirements to migrate shares to a major national listed exchange in due course. We have a number of additional catalysts in the works as well, and I look forward to providing more insights in the very near future.”

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, as we seek to transform the financial markets of the future. Our complement of cutting-edge technologies has enhanced the Bitcoin/Cryptocurrency ecosystem, enabling our customers to take advantage of real-time cost savings. At the same time, our customers can feel confident that their digital transactions and assets are entirely secure. Our company utilizes a scalable blockchain infrastructure to convert unique identifiable assets (UIAs) into interchangeable digital assets such as Bitcoin and other fungible digital assets. We offer immediate liquidity in the form of fast, confidential transactions, as well as the issuance of assets in the traditional capital markets.
https://www.otcmarkets.com/stock/ISWH/news/ISW-Holdings-Will-Host-56000-Miners-In-Recent-Partnership-Agreement-with-Bitmain?id=319588

ISW Holdings Provides Corporate Update on Name and Symbol Change, Mining Gains and Further Elimination of Convertible Debt

LAS VEGAS, Sept. 02, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company,” transitioning to “BlockQuarry” pending name change), a Nevada-based portfolio company with primary commercial-stage operations in cryptocurrency mining, is pleased to update its current and prospective shareholders as the Company moves toward several key milestones, including a corporate name and trading symbol change, maximizing mining performance in Pennsylvania, and further cancellations of outstanding convertible debt pursuant to the Company’s shareholder-friendly initiative announced in fall 2020.

Corporate Name and Symbol Change. As communicated in the Company’s Aug. 3 press release, ISW Holdings has officially filed for a corporate name change to “BlockQuarry Corp.” The Company has also more recently filed to change its trading symbol. Both filings are now actively going through FINRA, and more details will be announced soon when FINRA has completed its due diligence process. These actions were taken to bring the Company’s corporate brand into better alignment with its emerging operational character, given its growing commitment to blockchain infrastructure, cryptocurrency mining and collaborative hosting.

Mining Efficiency in Pennsylvania. As recently noted, the Company has switched on its mining operations in Pennsylvania. The miners there are now running at 90% operational efficiency as the Company approaches its target hashrate of 54000 TH/s at this location. Management is pleased with the smooth operations at the site and looks forward to substantial revenue production from this property over coming months and quarters.

Convertible Debt Elimination. As noted in the Company’s press release dated Aug. 23, total derivative liabilities were reduced 96% in the first six months of 2021 to under $750,000. The Company is working hard to continue this trend with recent cancellations and negotiations to cancel more variable convertible notes to eliminate another 500,000 shares of potential dilution. Further updates will be coming soon to communicate more details on this theme.

“As we see our mining efficiency begin to approach optimum levels for our current capacity, we are making strides toward rebranding our stock to better reflect what we are building here,” commented Alonzo Pierce, president and chairman of ISW Holdings. “When we began this pivot last year through our partnership with Bit5ive, we had tremendous conviction in the future role that cryptocurrency would play in the world. At the time, Bitcoin was trading under $10,000. It is now five times that level, with strong future growth potential as the dominoes of institutional and mainstream acceptance continue to tip in our favor. This backdrop has also allowed us to make good on our pledge to systematically eliminate dilution risk along the way.”
https://www.otcmarkets.com/stock/ISWH/news/ISW-Holdings-Provides-Corporate-Update-on-Name-and-Symbol-Change-Mining-Gains-and-Further-Elimination-of-Convertible-Deb?id=319185

Assets up over 2,500%, derivative liabilities down over 96% as Company fires up mining and hosting operations and adds top-tier partnerships

LAS VEGAS, Aug. 23, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company,” transitioning to “BlockQuarry,” pending name change), a Nevada-based portfolio company with primary commercial-stage operations in cryptocurrency mining, is pleased to announce the filing of the Company’s financial performance data for the three months ended June 30, 2021.

“Our primary mining equipment was not installed and switched on until about two weeks before the end of Q2, so the bulk of the impact will show up in Q3 data in terms of topline numbers,” commented Alonzo Pierce, president and chairman of ISW Holdings. “That said, we have significant equipment now running and just received another large delivery of miners, so we are now cooking at a pace of well over $5 million in annual revenues on a monthly basis, with substantial growth ahead over coming months. We are also proud of material gains in assets while dramatically reducing our liabilities, including derivative liabilities, as we implement our new shareholder-friendly initiative announced several months ago.”

Financial Highlights for Three Months Ended June 30, 2021

- Net Cash increased by over 2,600% on a 6-month basis to over $2.3 million
- Total Assets increased 2,657% on a 6-month basis to over $4.9 million
- Total liabilities decreased 58%, and total derivative liabilities decreased 96% to under $750k
- Booked initial cryptocurrency mining revenues beginning during final weeks of quarter

Operational Highlights for Three Months Ended June 30, 2021

- Received, installed and switched on initial equipment to begin active cryptocurrency mining operations
- Entering Q3 with new partnerships, including partnership with Bitmain Technologies
- Minerset now confirmed as new shareholder, with incentives built in for more mining equipment as shares gain value
- Reached nearly $5 million in total assets
- Reduced liabilities from derivatives by over 96% and implemented new initiatives to prevent future dilution

The three months ended June 30 represent a period of powerful growth in underlying value for the Company, driven by a large increase in assets paired with a large decrease in liabilities. The period is also meaningful because it represents the launch of active operations in cryptocurrency mining with the installation and switch-on in Pennsylvania.

However, management believes that the progress the Company has made in Q3 has been substantially more important to demonstrating tangible financial gains and the Company's capacity to drive top and bottom-line growth. This progress has been highlighted by the Company’s recent partnerships with Bitmain Technologies and Minerset, which will provide for significant material gains in both mining and hosting activities.

The Company looks forward to further discussing its growing operations in its Southeastern U.S. hosting sites, including total mining capacity that could reach 5.32 EH/s once all 200+ MW are active across all pod units.

Pierce added, “We received our initial primary tranche of miners by mid-June. By June 30, we had mined only $19k. However, this was achieved with only minimal mining capacity up and running. Other minor obstacles included refitting our pods for s19’s given that the pods were designed for s17’s. Another 250 Avalon’s arrived last week, and we are now in process of installing the remaining miners needed to reach a hashrate of 54,000 TH/s, which will produce nearly 12 BTC per month, or a little over $6 million in annual revenues at current pricing. However, that doesn’t include new equipment gains on the way or our upcoming growth in hosting revenues, which should surpass $10 million per month once we fully implement the terms of our Bitmain 200 MW agreement, as recently discussed in Company communications.”

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, as we seek to transform the financial markets of the future. Our complement of cutting-edge technologies has enhanced the Bitcoin/Cryptocurrency ecosystem, enabling our customers to take advantage of real-time cost savings. At the same time, our customers can feel confident that their digital transactions and assets are entirely secure. Our company utilizes a scalable blockchain infrastructure to convert unique identifiable assets (UIAs) into interchangeable digital assets such as Bitcoin and other fungible digital assets. We offer immediate liquidity in the form of fast, confidential transactions, as well as the issuance of assets in the traditional capital markets.
https://www.otcmarkets.com/stock/ISWH/news/story?e&id=1978418

ISW Holdings Acquires Nearly $4M in New Mining Capacity via Asset Purchase

Addition of 400 state-of-the-art miners brings Stronghold, Pennsylvania, site to 54,000 TH/s

LAS VEGAS, Aug. 18, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company,” transitioning to “BlockQuarry,” pending name change), a Nevada-based portfolio company with primary commercial-stage operations in cryptocurrency mining, is pleased to announce the completion of an asset purchase agreement (the “Agreement”) with Minerset, LLC, a Delaware limited liability company, providing for the purchase by ISW Holdings of 400 state-of-the-art cryptocurrency miners.

“As we have discussed in our recent communications, we are actively engaged in expansion in both our hosting and mining segments,” stated Alonzo Pierce, president and chairman of ISW Holdings. “This asset purchase agreement with Minerset represents a material broadening of our in-house mining capacity and will enable us to drive further top-line growth in the second half of 2021 as we ramp up toward the sizable jump lined up for next year, thanks to our recent partnership deal with Bitmain.”

The Agreement provides for the purchase of 150 BitMain S19 95TH/s miners and 250 Canaan AvalonMiner 1246 90TH/s miners. The equipment purchase adds $3.8 million in new physical assets to the Company’s balance sheet and will dramatically expand its total in-house mining capacity and hashrate once installed and activated.

Payment has already been made, and the Company is set to take possession of the miners, which will be installed and activated in POD5 units at the Company’s mining site in Pennsylvania, bringing its Stronghold, Pennsylvania, mining operation hashrate to 54,000 TH/s.

ISW Holdings Files to Change Name to BlockQuarry Corp.

LAS VEGAS, Aug. 03, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company”), a Nevada-based portfolio company with primary commercial-stage operations in Cryptocurrency Mining, is pleased to announce that it has officially filed for a corporate name change to “BlockQuarry Corp.”

The Company’s President and Chairman, Alonzo Pierce, explained, “We have reached significant milestones in acquiring and commercializing Blockchain and Cryptocurrency data mining equipment and platforms over the past year. As a result, we are rebranding to ensure our image better aligns with our ongoing operations and long-term strategic goals.”

Over the past year, the Company has cultivated a business model concentrated in the digital mining sector and implemented additional investments in land and power expansions in Georgia following the launch of its Pennsylvania POD5 mining field. The name change reflects a corporate rebranding effort necessitated by this demonstrable commitment to blockchain infrastructure, cryptocurrency mining, and collaborative hosting.

“We gravitated toward ‘BlockQuarry’ because it is clearly and unambiguously tethered to the Blockchain and Cryptocurrency marketplace theme, and it carries an interesting dual meaning,” added Pierce. “As a noun, it refers to a place where blocks are extracted from the blockchain by the processing of encrypted algorithms. As a verb, it refers to the act of mining and extracting blockchain algorithms to produce a return in the form of coins.”

The rebranding effort will also include a new interactive website (BlockQuarry.io), which is expected to launch in coming weeks.

Pierce concluded, “Our deliberate investments and partnerships in the cryptocurrency space demonstrate our dedication to this new asset class as well as our well-defined path to becoming one of the most robust hosting and mining operators in North America. For all of these reasons, BlockQuarry best represents the mission and strategy we are implementing as we strive to maximize our return on shareholder capital.”
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, as we seek to transform the financial markets of the future. Our complement of cutting-edge technologies has enhanced the Bitcoin/Cryptocurrency ecosystem, enabling our customers to take advantage of real-time cost savings. At the same time, our customers can feel confident that their digital transactions and assets are entirely secure. Our company utilizes a scalable blockchain infrastructure to convert unique identifiable assets (UIAs) into interchangeable digital assets such as Bitcoin and other fungible digital assets. We offer immediate liquidity in the form of fast, confidential transactions, as well as the issuance of assets in the traditional capital markets.
https://www.otcmarkets.com/stock/ISWH/news/ISW-Holdings-Files-to-Change-Name-to-BlockQuarry-Corp?id=314427

ISW Holdings Lands Significant Hosting/Mining Agreement with Global Leader Bitmain to Launch Phase One at New Georgia Cryptocurrency Mining Operation

LAS VEGAS, July 27, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company”), a global brand management holdings company, is excited to announce the signing of a cryptocurrency mining hosting agreement (the “Agreement”) with Bitmain Technologies (“Bitmain”), the world’s leading producer of cryptocurrency mining hardware and a leading global cryptocurrency mining firm.

The Agreement will form the backbone of the Company’s Phase One launch of its cryptocurrency hosting and mining operation in Georgia. Further details related to this Agreement will be discussed in the near future.

Irene Gao, Antminer BD Director NCSA Region, Bitmain, said, "We are excited to have signed this new pioneering project to begin cooperation with ISW Holdings, a new milestone for the industry for creating hosting facilities overseas. The 200 MW facility is the first phase of our long-term partnership, utilizing renewable energy as its source. We expect to further expand this project into the future to support the development of the industry."

“Bitmain is probably the most recognizable name in the mining space, and we are excited that they will be a major piece of our success in Georgia,” remarked Alonzo Pierce, ISW Holdings president and chairman. “Once our 200 MW power tranche is fully utilized, we anticipate annualized revenues of over $200 million, but that will only close the first phase of our vision. We look forward to discussing our next phases in due course. If we are able to execute according to our full vision, we have the potential to drive exponential revenue growth ahead.”

For more details and forward-looking statements, view the entire announcement: https://ibn.fm/ISWBitmainAnnouncement

About Bitmain

Bitmain Technologies is a multinational semiconductor company with state-of-the-art IC design capabilities. Bitmain offers products, including chips, servers, and cloud solutions for blockchain and artificial intelligence (AI) applications. Founded in 2013 and headquartered in Haidian District, Beijing, Bitmain has research and development centers in Hong Kong, Singapore, and the United States. According to Frost & Sullivan, Bitmain is among the world’s top 10 fabless IC designers and China’s second largest. In the blockchain mining area, Bitmain has shipped billions of ASICs, accounting for 75% of the global market.
https://www.otcmarkets.com/stock/ISWH/news/ISW-Holdings-Lands-Significant-HostingMining-Agreement-with-Global-Leader-Bitmain-to-Launch-Phase-One-at-New-Georgia-Cry?id=313318