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Tuesday, 11/30/2021 11:28:28 AM

Tuesday, November 30, 2021 11:28:28 AM

Post# of 81742
Quietly Adding because Big Things are Brewing Behind the Scenes! PPS may hit over 10 Bucks any day now...JMHO!!

Folks, Bitcoin was around 50 Cents in 2012 and it JUST hit @ new high $67.680K. Coinbase Global, Inc. (COIN) was around 15 Cents (private placement) in 2013 and it hit $429+ (2,859,00%) 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)! I think ISWH is next.

Just Plain and Simple:
25,000 X $25 = $625,000!!
25,000 X $50 = $1,250,000!!
25,000 X $100 = $2,500,000!!
25,000 X $200 = $5,000,000!! WEEEEEEEEEEEEEEEEEEEEE!!
https://twitter.com/iswholdings/status/1440296666398015495?s=21

- BlockQuarry Corp. has a number of shares outstanding only 66.99 million including 11.701 million restricted shares and a float of 36.90 million. Crypto Mining Stock with such a super low share structure in OTC, PPS @ $25..$50..$100..$200..$250++!!??, anything is possible.
https://www.otcmarkets.com/stock/ISWH/security

- Shorts are screwed up here. Total Naked Shorts Position is over 4.162 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 to NASDAQ and hit $100+ !!

Know What You Own:

ISW Holdings Reports Financial and Operational Highlights for Three and Nine Months Ended Sept. 30, 2021
-Total revenues up over 2,400%, assets up over 5,000%, liabilities down more than 70%
https://ca.finance.yahoo.com/news/isw-holdings-reports-financial-operational-120000904.html

ISW Holdings Announces Phase 1 of 200 MW Southeastern US Cryptocurrency Mining Project Nears Completion

LAS VEGAS, Oct. 19, 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 that the first phase of its Southeastern U.S. project to pair 56,000 mining rigs with 200 megawatts (“MW”) of power is now nearing completion, which constitutes the infrastructure build-out to deploy 20 MW of power to self-contained cryptocurrency mining Pods.

Larry Sossamon, President, and Chic Blanton, Vice President of Sossamon Construction Co., Inc., commented, “We are very excited to be working with the Bit5ive team, a leading pioneer in the crypto mining space, on this exciting project. We have made excellent progress as we near completion of the first phase of over 200MW of crypto mining parks in South and North Carolina. These projects represent some of the most innovative of their kind, and stand to create many new jobs and new opportunities in the area.”

Company management also notes that Bit5ive will begin delivering the first tranche of new mining Pods to the site over coming weeks.

“Even with supply chain issues, we have managed to manufacture in record time,” noted Alonzo Pierce, Chair and President of ISW Holdings. “We will continue to do our best to hit our schedule objectives despite difficult market conditions, and we are thrilled to start deploying our Gen4 Pods to the site as the project ramps up. We are also excited to report that engineering and planning have gotten underway on the next sites to be developed starting in early 2022.”

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://ca.finance.yahoo.com/news/isw-holdings-announces-phase-1-120000458.html


ISW Holdings Tops Milestones to Trigger Bonus $1.7 Million in Bitmain Miners

LAS VEGAS, Sept. 30, 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 that the Company has surpassed agreed-upon milestones related to the performance of its common stock price and will, therefore, receive an additional 150 Bitmain S19 95TH/s miners from Minerset, a Delaware LLC, due to negotiated milestone clauses included in the asset purchase agreement (the “Agreement”) reached between the two companies in August.

These 150 miners are supplemental to the 400 miners already paid for and received as part of the original Agreement.

The Company leveraged its shares of Preferred B stock to purchase its initial tranche of 400 miners. As a part of the contract, ISW Holdings President and Chair Alonzo Pierce and Minerset managing member Elias Fernandez Sanchez negotiated a graduated milestone provision deeming that ISW Holdings would earn 75, 150 or 225 additional Bitmain S19 95TH/s miners based on the performance of the Company’s common stock at or above $2, $3 or $4, respectively.

The Company has now triggered two of those milestones and looks forward to the opportunity to reach the next; the stock price for common shares of ISWH closed at $3.44 on Monday after hitting a 52-week intraday high of $3.78 during the session.

“This contract was a win for both companies; we didn’t have to part with $3.8 million in cash, and Minerset was able to quickly move its inventory,” noted Pierce. “With the appreciation of our stock price, both companies have already been amply rewarded for this partnership.”

Upon delivery, the miners will be prepped and deployed in POD5 units at the Company’s Pennsylvania mining project.

“In addition to being a surprise reward for our shareholders on the asset side, this new tranche of miners will drive significant further bottom line performance gains over coming quarters,” added Pierce. “We also continue to work with FINRA on our name and symbol change, which is our first step of many on our way toward a NASDAQ listing.”
https://www.otcmarkets.com/stock/ISWH/news/ISW-Holdings-Tops-Milestones-to-Trigger-Bonus-17-Million-in-Bitmain-Miners?id=323097

ISW Holdings Issues Update: Record Quarter in the Making, Mining Reaching Peak Efficiency, Hosting on Track for Fall Deployment

LAS VEGAS, Sept. 22, 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 excited to update current and prospective shareholders on core performance metrics, timeframe for hosting deployment, and corporate identity.

Performance Metrics. Mining is fully underway in Pennsylvania, and nearing full capacity on hashrate. Final adjustments and updates are being implemented into month end to push performance up to peak potential, at which time the Company’s PA mining operations will be producing mining revenues that will contribute to an overall monthly revenue run rate of $1.5 million at current cryptocurrency pricing.

In addition, the Company anticipates a breakout record quarter for the three months ending September 30, 2021. However, the fourth quarter should be a much more significant breakout in financial terms given that it will be the first quarter featuring a full three months of mining at peak capacity as well as the start of revenues from hosting operations.

Hosting Power Deployment. Management conducted site visits to its primary Southeastern US cryptocurrency mining hosting site earlier in the week. Based on that visit, the project is on schedule and the Company believes it will meet its approximate target for deploying the first 20 megawatts of power at the site around the end of October. This will begin the process of scaling up hosting operations to the full 200 MW that the project is designed to deploy to the Company’s hosting clientele.

Corporate Identity. The Company is still awaiting final approval of its corporate name and stock symbol change from FINRA. As communicated in the Company’s August 3 release, ISW Holdings has officially filed for a corporate name change to “BlockQuarry Corp.” The Company also filed to change its trading symbol. Both filings are now actively going through FINRA, and more details will be announced when FINRA has completed its due diligence process.

Management Commentary. “We will unquestionably log our best quarter in Company history – by a wide margin – when the books close at the end of the month,” noted Alonzo Pierce, ISWH CEO. “But that will likely be dwarfed by what rolls in over coming quarters. We have made a few final adjustments and updates that are being implemented right now that will take us to full capacity in terms of achievable hashrate in Pennsylvania. That will bring us to a topline run-rate of approximately $1.5 million per month, which may double again beginning midway through the fourth quarter as we begin to ramp up hosting revenues.”
https://ca.finance.yahoo.com/news/isw-holdings-issues-record-quarter-120000013.html

ISW Holdings to Present at the H.C. Wainwright 23rd Annual Global Investment Conference

LAS VEGAS, Sept. 09, 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 that it will be featured as a presenting company at the H.C. Wainwright 23rd Annual Global Investment Conference, which is being held virtually from September 13 – 15, 2021.

The company’s presentation may be accessed online starting at 7:00 am ET on September 13 using the link provided below.

ISW Holdings President and Chairman, Alonzo Pierce, will be present to discuss the Company’s vision as an emerging force in the cryptocurrency space, and how it plans to continue to drive growth through a combination of pod-based mining and hosting services across multiple scalable sites.

Robert Colazzo, CEO of ISW’s partner, Bit5ive LLC, North America’s largest provider of collective management services and mining equipment, will also be present to discuss the plans the partners are beginning to implement in the Southeastern US, including the path to fully launching their POD-CITY vision, involving 200 MW of power and 56,000 state-of-the-art miners.

Arnaldo Detres, advisor to ISW Holdings and Chief Innovation Officer at Bit5ive, will also discuss POD-CITY, the Company’s progress in Pennsylvania, and broad views on the cryptocurrency marketplace.

If interested, please listen to the Company’s presentation, or book a one-on-one conversation by registering for the conference at the following link: www.hcwevents.com.
https://www.otcmarkets.com/stock/ISWH/news/ISW-Holdings-to-Present-at-the-HC-Wainwright-23rd-Annual-Global-Investment-Conference?id=320089

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.”
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.”
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.
https://www.otcmarkets.com/stock/ISWH/news/ISW-Holdings-Acquires-Nearly-4M-in-New-Mining-Capacity-via-Asset-Purchase?id=316969

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.”
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