- ISWH has entered the crypto mining equipment industry via joint venture partnership with industry leader Bit5ive
- Joint venture should be “a big deal for ISWH shares,” notes report
- Strategic partnership enables ISWH to run profitable crypto mining projects, take advantage of incredible growth projected for crypto market
The turnkey crypto mining solutions revolution has arrived, according to one recent article (http://ibn.fm/CWgAe). And that couldn’t be more welcome news to ISW Holdings (ISWH), a brand-management portfolio company with diverse partnerships, including one that allows ISWH to enter this promising space.
“ISW Holdings Inc. has entered the crypto mining equipment industry by virtue of its recent joint venture partnership with Bit5ive LLC, a global top player in the space developing, running, and selling what are known as ‘turnkey mining solutions,’” stated the TradingView report. “This is really just a way of saying, ‘we make something that you just buy and sit on your property and start it up, and it will instantly turn your property into a fully-decked-out, industrial-grade cryptocurrency mining facility.’
The article concludes that the joint venture between ISWH “should be a big deal for ISWH shares,” noting that besides the company’s considerable operations in the home healthcare space — where the company has posted five straight quarters of double-digit percentage growth on a sequential quarterly basis — the next major source of topline growth appears to be its crypto and datacenter business.
ISWH partnered with Bit5ive earlier this year (http://ibn.fm/Y5PoB), in a move that “enables us to collaborate with the experienced team at Bit5ive to innovate the infrastructure needed to run profitable, efficient crypto mining projects and to take advantage of the incredible growth projected for the crypto market,” said ISWH president and chairman Alonzo Pierce. “We are incredibly excited to expand our current portfolio and move into what we believe is a sector poised for strong technological and financial growth.”
Bit5ive is one of the largest U.S.-based companies in the cryptocurrency mining and bitcoin farm industry. The company is an official distribution partner of Bitmain, the industry-leading fabless manufacturer of computing chips and distributor of Antminers to more than 30 countries around the world. In addition, Bit5ive produces and distributes POD5 and Power Skid 2.5, recognized as the most efficient and successful infrastructure for crypto mining hardware.
“The turnkey crypto mining solutions revolution is upon us,” the TradingView article concludes. “And it couldn’t come at a more interesting time for this emerging industry — when the overall mining equipment space is looking more and more like it stands in the very early innings of a long-term growth cycle driving by product cycles, depleted supplies in secondary markets, under-revved production rates, and rapidly growing demand.”
Based in Nevada, ISW Holdings is a diversified portfolio company comprised of essential business lines that serve consumer product demands. The company’s expertise lies in strategic brand development and early-growth facilitation, as well as brand identity through its proprietary procurement process. Together with its partners, ISWH seeks to provide a structure that meets large scalability demands as well as anticipated marketplace needs. ISWH maneuvers its proprietary companies through critical stages of market development, which includes conceptualization, go-to-market strategies, engineering, product integration and distribution efficiency.
For more information, visit the company’s website at www.ISWHoldings.com.
NOTE TO INVESTORS: The latest news and updates relating to ISWH are available in the company’s newsroom at http://ibn.fm/ISWH