KUALA LUMPUR, March 3 (Bernama) -- ISW Holdings Inc (ISW Holdings or the Company), has announced that, following the signing of hosting agreements with Bit5ive LLC, based in Miami, Florida, and Scrubgrass Generating Company, LLP, based in Kennerdell, Pennsylvania, the Company has successfully tripled its active cryptocurrency mining fleet with the addition of two new POD5IVE datacenters.
The Company, a diversified portfolio comprising essential business lines that serve consumer product demands in de-centralised markets, now operates a total of three POD5IVE datacenter units and anticipates record acceleration in cash flows, revenue growth and profitability.
The POD5IVE datacenter, produced in partnership with Bit5ive, is based on an evolutionary design. Specifications, among others, include purchase price per POD at US$168,000. (US$1 = RM4.051), with manufacturing & delivery taking between 10 and 12 weeks.
In a statement, ISW Holdings president and chairman, Alonzo Pierce said: “We have now tripled our mining activity with the addition of two new POD5IVE mining pods. The Company will continue to significantly add to our fleet over the coming quarters.
“We are also building a valuable track record with our mining pods, which will validate the strong value presented when we enter our next phase and begin marketing the Proceso POD5IVE Datacenter as a self-contained, high-efficiency, low-maintenance cryptocurrency mining equipment solution.”
ISW Holdings, via its inhouse operations and strategic partnerships, has invested in growing operations targeting the home healthcare, telehealth, cryptocurrency mining and supply chain management industries.
The Company’s expertise lies in strategic brand development, early growth facilitation and brand identity via proprietary procurement process.
For more information, visit www.iswholdings.com.
-- BERNAMA
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