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ISW Holdings Announces Pod5 Crypto Mining Pod Set to be Powered Up on February 12
ISW Holdings Announces Pod5 Crypto Mining Pod Set to be Powered Up on February 12.
About this update from Blockquarry Corp.
[{"type":"text","content":"\n Las Vegas, NV, Feb. 09, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- 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 excited to announce that its revolutionary Pod5 Cryptocurrency Mining Pod will be powered up into full operational launch at the Bit5ive renewable energy cryptocurrency mining facility in Pennsylvania on February 12, 2021. “We are very excited to finally be ready to launch full mining operations at a time when margins are at historic levels following further strength in the value of cryptocurrency assets,” commented Alonzo Pierce, President and Chairman of ISW Holdings. “But make no mistake about it: we are doing this because we have a fundamental belief in the long-term future viability of cryptocurrency systems as stores of value and legitimate platforms for global commerce. We started diversifying our cash into Bitcoin nearly two years ago. And we partnered with Bit5ive early last year and began the design for our Pod5 unit when Bitcoin was still under $10,000 per coin.” The Company formed a joint venture partnership with Bit5ive, LLC, (“Bit5ive”) in May 2020 to build and deliver an elegant, powerful, and efficient data center pod design. The Pod5 Datacenter is the result.  Designed in partnership with Bit5ive, and geared primarily for the cryptocurrency mining industry, the Pod5 Datacenter offers next-generation dynamic self-management functionality, plug-and-play operation, virtually non-existent maintenance needs, and an industry best-in-class 1.06 Power Usage Effectiveness score. The Company’s first Pod5 Datacenter unit was completed, in terms of design, by August 2020 and had been fully assembled as of late November 2020. It was shipped to the Bit5ive Pennsylvania mining project in December 2020 and installed shortly thereafter. It is now ready for energizing and mining launch and will be switched on later this week. Pierce added, “Our long-term view on cryptocurrency assets has seen significant support from corporate and regulatory players over the past year, with the latest example being Tesla’s 10k filing on Monday announcing it has started to invest its cash in Bitcoin and plans to a...