{"id":441907,"date":"2021-02-23T08:35:44","date_gmt":"2021-02-23T13:35:44","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=441907"},"modified":"2021-02-23T08:35:44","modified_gmt":"2021-02-23T13:35:44","slug":"isw-holdings-signs-hosting-and-maintenance-agreement-for-expanded-cryptocurrency-mining-activity-in-pennsylvania","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/isw-holdings-signs-hosting-and-maintenance-agreement-for-expanded-cryptocurrency-mining-activity-in-pennsylvania\/","title":{"rendered":"ISW Holdings Signs Hosting and Maintenance Agreement for Expanded Cryptocurrency Mining Activity in Pennsylvania"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"start\">LAS VEGAS,\u00a0NV, Feb.  23, 2021  (GLOBE NEWSWIRE) &#8212; <\/p>\n<p align=\"start\">\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jG8pusCGGPI076sMbh6yPQAddiNHiJp7LOn90YWOMshW91F_ylPm8zBXn8aqP5DohDCbyzzboM54VrzTOdrSmcMvayIOaCoY3yapwmHe2LU=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>via NewMediaWire<\/u><\/a>&#8211;ISW Holdings, Inc. (OTC: ISWH) (\u201cISW Holdings\u201d or the \u201cCompany\u201d), a global brand management holdings company\u00a0with commercial operations in Telehealth and Cryptocurrency Mining,\u00a0is\u00a0pleased\u00a0to announce that, prior to going online with its\u00a0new\u00a0ASIC s17 miners,\u00a0the Company\u00a0has signed\u00a0a comprehensive Hosting and\u00a0Maintenance\u00a0Agreement\u00a0(the \u201cAgreement\u201d).<\/p>\n<p align=\"start\">\u201cAs we continue to bring our miners online, we want our shareholders to be able to track the expansion and profitability of the Company\u2019s mining activity\u00a0given the sharp rising trend\u00a0in Bitcoin prices,\u201d commented\u00a0Alonzo Pierce, President and Chairman of ISW Holdings.\u00a0<\/p>\n<p align=\"start\">According to the Agreement,\u00a0Scrubgrass\u00a0Generating Company, LLP, based in\u00a0Kennerdell, PA, will provide electricity and Bit5ive, LLC (\u201cBit5ive\u201d), will serve as the official provider of mine uploading services.<\/p>\n<p align=\"start\">Management notes that this is a critical factor\u00a0as\u00a0the Company\u00a0prepares\u00a0to bring another 840 ASIC miners online as part of its next three Pod5 datacenter mining units.<\/p>\n<p align=\"start\">The initial power demand for the additional three Pod5 mining pod units, equipped with a total of 840 additional miners, is approximately 4 MW. At current prices, these units will produce approximately $9.9 million in annualized revenues from mining activity.<\/p>\n<p align=\"start\">\u201cIt currently costs about $11K in computing power to\u00a0mine a single Bitcoin,\u201d added Pierce. \u201cBitcoin is pricing at over five times that level, making this is an exceptional ROI opportunity, and our responsibility to our shareholders is clear: continue to invest, expand, and execute.\u201d<\/p>\n<p align=\"start\">About ISW Holdings<\/p>\n<p align=\"start\">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,\u00a0Bengala\u00a0Technologies LLC, which is developing significant enhancements in the supply chain management space; and the partnership has a vitally needed patent now pending.<\/p>\n<p align=\"start\">For more information, visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ecGpwnOn0hqB2IMxDNnpOPyyYRl4H4vg21Zm2DOSrVRKrPePrMPGjmOX3bnpUV8OWEtoTICt2o4csQh5TKyIONPYMySyqgyYoLKkAFGZ_Eg=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>www.iswholdings.com<\/u><\/a><\/p>\n<p align=\"start\">Forward Looking Statements<\/p>\n<p align=\"start\">This\u00a0press\u00a0release 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 &#8220;could&#8221;, &#8220;may&#8221;, &#8220;will&#8221;, &#8220;should&#8221;, &#8220;expect&#8221;, &#8220;plan&#8221;, &#8220;anticipate&#8221;, &#8220;believe&#8221;, &#8220;estimate&#8221;, &#8220;predict&#8221;, &#8220;potential&#8221; 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\u00a0faith\u00a0and 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&#8217;s reports filed from time to time with OTC Markets (www.otcmarkets.com).<\/p>\n<p align=\"start\">Company Contact:<br \/>info@ISWHoldings.com<\/p>\n<p align=\"start\">\n        <br \/>Public Relations<br \/>EDM Media, LLC<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ZZinpKs36w4eiDTD8DvwXe227YWgosBgMh2OiOhT-Ygv7s7Y3i_2okuy7MQUB-AdWQnY_FNEKY8WpGjwcI4VXw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>https:\/\/edm.media<\/u><\/a><br \/>(800) 301-7883<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE1ODAwNyMzOTkwNzI1IzUwMDAzNDA5Mg==\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/6c0dac04-515f-4de0-86c9-8e296eafde2e\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>LAS VEGAS,\u00a0NV, Feb. 23, 2021 (GLOBE NEWSWIRE) &#8212; \u00a0via NewMediaWire&#8211;ISW Holdings, Inc. (OTC: ISWH) (\u201cISW Holdings\u201d or the \u201cCompany\u201d), a global brand management holdings company\u00a0with commercial operations in Telehealth and Cryptocurrency Mining,\u00a0is\u00a0pleased\u00a0to announce that, prior to going online with its\u00a0new\u00a0ASIC s17 miners,\u00a0the Company\u00a0has signed\u00a0a comprehensive Hosting and\u00a0Maintenance\u00a0Agreement\u00a0(the \u201cAgreement\u201d). \u201cAs we continue to bring our miners online, we want our shareholders to be able to track the expansion and profitability of the Company\u2019s mining activity\u00a0given the sharp rising trend\u00a0in Bitcoin prices,\u201d commented\u00a0Alonzo Pierce, President and Chairman of ISW Holdings.\u00a0 According to the Agreement,\u00a0Scrubgrass\u00a0Generating Company, LLP, based in\u00a0Kennerdell, PA, will provide electricity and Bit5ive, LLC (\u201cBit5ive\u201d), will serve as the official provider of mine uploading services. Management notes that this is a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/isw-holdings-signs-hosting-and-maintenance-agreement-for-expanded-cryptocurrency-mining-activity-in-pennsylvania\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ISW Holdings Signs Hosting and Maintenance Agreement for Expanded Cryptocurrency Mining Activity in Pennsylvania&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-441907","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ISW Holdings Signs Hosting and Maintenance Agreement for Expanded Cryptocurrency Mining Activity in Pennsylvania - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/isw-holdings-signs-hosting-and-maintenance-agreement-for-expanded-cryptocurrency-mining-activity-in-pennsylvania\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ISW Holdings Signs Hosting and Maintenance Agreement for Expanded Cryptocurrency Mining Activity in Pennsylvania - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"LAS VEGAS,\u00a0NV, Feb. 23, 2021 (GLOBE NEWSWIRE) &#8212; \u00a0via NewMediaWire&#8211;ISW Holdings, Inc. (OTC: ISWH) (\u201cISW Holdings\u201d or the \u201cCompany\u201d), a global brand management holdings company\u00a0with commercial operations in Telehealth and Cryptocurrency Mining,\u00a0is\u00a0pleased\u00a0to announce that, prior to going online with its\u00a0new\u00a0ASIC s17 miners,\u00a0the Company\u00a0has signed\u00a0a comprehensive Hosting and\u00a0Maintenance\u00a0Agreement\u00a0(the \u201cAgreement\u201d). \u201cAs we continue to bring our miners online, we want our shareholders to be able to track the expansion and profitability of the Company\u2019s mining activity\u00a0given the sharp rising trend\u00a0in Bitcoin prices,\u201d commented\u00a0Alonzo Pierce, President and Chairman of ISW Holdings.\u00a0 According to the Agreement,\u00a0Scrubgrass\u00a0Generating Company, LLP, based in\u00a0Kennerdell, PA, will provide electricity and Bit5ive, LLC (\u201cBit5ive\u201d), will serve as the official provider of mine uploading services. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/isw-holdings-signs-hosting-and-maintenance-agreement-for-expanded-cryptocurrency-mining-activity-in-pennsylvania\/","og_locale":"en_US","og_type":"article","og_title":"ISW Holdings Signs Hosting and Maintenance Agreement for Expanded Cryptocurrency Mining Activity in Pennsylvania - Market Newsdesk","og_description":"LAS VEGAS,\u00a0NV, Feb. 23, 2021 (GLOBE NEWSWIRE) &#8212; \u00a0via NewMediaWire&#8211;ISW Holdings, Inc. (OTC: ISWH) (\u201cISW Holdings\u201d or the \u201cCompany\u201d), a global brand management holdings company\u00a0with commercial operations in Telehealth and Cryptocurrency Mining,\u00a0is\u00a0pleased\u00a0to announce that, prior to going online with its\u00a0new\u00a0ASIC s17 miners,\u00a0the Company\u00a0has signed\u00a0a comprehensive Hosting and\u00a0Maintenance\u00a0Agreement\u00a0(the \u201cAgreement\u201d). \u201cAs we continue to bring our miners online, we want our shareholders to be able to track the expansion and profitability of the Company\u2019s mining activity\u00a0given the sharp rising trend\u00a0in Bitcoin prices,\u201d commented\u00a0Alonzo Pierce, President and Chairman of ISW Holdings.\u00a0 According to the Agreement,\u00a0Scrubgrass\u00a0Generating Company, LLP, based in\u00a0Kennerdell, PA, will provide electricity and Bit5ive, LLC (\u201cBit5ive\u201d), will serve as the official provider of mine uploading services. Management notes that this is a &hellip; Continue reading \"ISW Holdings Signs Hosting and Maintenance Agreement for Expanded Cryptocurrency Mining Activity in Pennsylvania\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/isw-holdings-signs-hosting-and-maintenance-agreement-for-expanded-cryptocurrency-mining-activity-in-pennsylvania\/","og_site_name":"Market Newsdesk","article_published_time":"2021-02-23T13:35:44+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE1ODAwNyMzOTkwNzI1IzUwMDAzNDA5Mg==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/isw-holdings-signs-hosting-and-maintenance-agreement-for-expanded-cryptocurrency-mining-activity-in-pennsylvania\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/isw-holdings-signs-hosting-and-maintenance-agreement-for-expanded-cryptocurrency-mining-activity-in-pennsylvania\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"ISW Holdings Signs Hosting and Maintenance Agreement for Expanded Cryptocurrency Mining Activity in Pennsylvania","datePublished":"2021-02-23T13:35:44+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/isw-holdings-signs-hosting-and-maintenance-agreement-for-expanded-cryptocurrency-mining-activity-in-pennsylvania\/"},"wordCount":586,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/isw-holdings-signs-hosting-and-maintenance-agreement-for-expanded-cryptocurrency-mining-activity-in-pennsylvania\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE1ODAwNyMzOTkwNzI1IzUwMDAzNDA5Mg==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/isw-holdings-signs-hosting-and-maintenance-agreement-for-expanded-cryptocurrency-mining-activity-in-pennsylvania\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/isw-holdings-signs-hosting-and-maintenance-agreement-for-expanded-cryptocurrency-mining-activity-in-pennsylvania\/","name":"ISW Holdings Signs Hosting and Maintenance Agreement for Expanded Cryptocurrency Mining Activity in Pennsylvania - 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