LAS VEGAS, March 2, 2021 (GLOBE NEWSWIRE) – ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company”), a global brand management holdings company with commercial operations in Telehealth and Cryptocurrency Mining, is pleased to announce that, following the signing of hosting agreements with Bit5ive LLC and Scrubgrass Generating Company, LLP, based in Kennerdell, PA, the Company has successfully tripled its active Cryptocurrency mining fleet with the addition of two (2) new POD5IVE datacenters.
The Company now operates three POD5IVE datacenter units and anticipates a record acceleration in cash flows, revenue growth, and profitability ahead.
The POD5IVE datacenter, produced in partnership with Bit5ive, is based on an evolutionary design, and includes the following specifications:
• Active Mining Power: 62-92 Th/s depending on the miners
• SHA 256 Hashrate: Currently 6,557.28 TH/s
• Per POD5IVE quantity: 3x 280-360
• Depending off each miner, 1x 280 and type of miner: 3x Up S17/T17, 1x up to S19/T19
• Power capacity for all POD5IVE: Each can go 2x 800A, 2x 1000A, or 2x 1200A
• Total power capacity per POD5IVE: 4x 920,038.40 Watts, Current site is using 800A fuse per service
• Container Size: 40′ x 8′
• Shelving: 3x with 10 medium Racks, 1x with 4 large racks
• Voltage: 415V 3 Phase
• Ventilation: Passive airflow with a temperature controlled evaporative cooler. 133,000 CFM total each.
• Digital smart (breakers, virtual power monitoring, auto rebooting and wattage and protection): Electrical gear are rated to auto-trip at over 80% use. Auto monitoring system and rebooting.
• Door lock system (automated, warm air recirculation): Basic locks with keys
• Purchase price per POD: $168,000
• Manufacturing & delivery: 10-12 weeks.
• Master Capacity: 280 for S19/T19
Alonzo Pierce, President and Chairman of ISW Holdings, commented, “We have now tripled our mining activity with two new POD5IVE mining pods. We will continue to significantly add to our fleet over coming quarters. We are also building a valuable track record with our Pods, which will have strong value when we enter our next phase and begin to market the Proceso POD5IVE Datacenter as a self-contained, high-efficiency, low-maintenance cryptocurrency mining equipment solution.”
About ISW Holdings
ISW Holdings, Inc. (ISWH), based in Nevada, is a diversified portfolio company comprised of essential business lines that serve consumer product demands. Our expertise lies in strategic brand development, early growth facilitation, as well as brand identity through our proprietary procurement process. Together, with our partners, we seek to provide a structure that meets large scalability demands, as well as anticipated marketplace needs. We are able to meet these needs through a variety of strategic innovative processes. ISWH is creating and managing brands across a spectrum of disruptive industries. It maneuvers its proprietary companies through critical stages of market development, which includes conceptualization, go-to-market strategies, engineering, product integration, and distribution efficiency. The company has also partnered with a well-known software development and consulting company, Bengala Technologies LLC, which is developing significant enhancements in the supply chain management space; and the partnership has a vitally needed patent now pending.
For more information, visit www.iswholdings.com
Forward Looking Statements
This press release may contain forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology including “could”, “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “predict”, “potential” and the negative of these terms or other comparable terminology. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this report. Except as required by applicable law, we do not intend to update any of the forward-looking statements so as to conform these statements to actual results. Investors should refer to the risks disclosed in the Company’s reports filed from time to time with OTC Markets (www.otcmarkets.com).
EDM Media, LLC
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