ISW HLDGS INC Stock Forum

$ISW HLDGS INC(ISWH.US)$ was included in my short info column DIGITAL_DIMES. Future is looking bright. add it to your WATCHLIST friends ✌️🚀🚀🚀

$ISW HLDGS INC(ISWH.US)$ Big Bounce From Blockchain PR.... Read On!

Good Tuesday afternoon my friends I have a few ATTENTION grabbing Blockchain/Crypto related stocks w/updates that have me all geeked up to share. I'll get right to it. Here's a few clips of articles. (Highlighted Ticker Symbols:  , $Hive Blockchain(HVBT.US)$ , $Ebang International(EBON.US)$ , $The9 Ltd(NCTY.US)$,  $ISW HLDGS INC(ISWH.US)$ , $Hut 8(HUT.US)$). It's slightly lengthy (for some) but full of a ton of hot leads and details. Enjoy my fellow crypto enthusiast
Over the last several years, the perception regarding cryptocurrencies has changed drastically. Many major corporations and financial institutions have since started to accept cryptocurrencies like Bitcoin as a viable option for payment. As a result of El Salvador's gamble on Bitcoin, the fast food giant McDonald's has started accepting Bitcoin as a form of payment in the country, and many others expected to follow. In the U.S., the trend of businesses being more open to digital currencies has been accelerating this year. For example, last month, United Wholesale Mortgage, which made its public debut in January via a special purpose acquisition (SPAC) merger, announced plans to accept cryptocurrency for home loans, in what is being billed as a first for the national mortgage industry, according to a report by CNBC.
ISW Holdings Inc. (ISWH) (OTC: ISWH), transitioning to "BlockQuarry," pending name change, just announced, current and prospective shareholders with a more detailed discussion about the Company's recent landmark deal with Bitmain Technologies ("Bitmain"), the world's leading producer of cryptocurrency mining hardware and a leading global cryptocurrency mining firm.
Total Mining Capacity and Timeline to Launch. The deal will involve 56,000 Bitmain mining rigs pairing with 200 megawatts ("MW") of power at the Company's "POD- CITY" location in Georgia. The Company expects to have the first 20 MW of power paired with rigs and running full-out by October 2021. The schedule calls for having all 56k miners hooked up to all 200 MW of power and running full-out by October 2022.
Estimated Topline Revenue Impact. The Company estimates that this full complement running at full capacity will be capable of driving estimated annual revenues well in excess of $100 million (over $10 million per month) for ISW Holdings (ISWH)/ BlockQuarry in hosting service fees. This is not contingent upon cryptocurrency pricing.
Key Partners. The partnership is tripartite, between Bitmain, ISW Holdings (ISWH), and Bit5ive, LLC ("Bit5ive).
Bitmain will bring mining machines, capital, and expertise into the bargain, consuming hosting services and power up to and potentially in excess of 200 MW for a five-year term.
Bit5ive will bring power, hosting services, project management services, and expertise to the table.
ISW Holdings (ISWH) will provide funding, expertise, hosting services, mining services, access to power, and access to public market investors.
Costs Involved. For ISW Holdings, the cost for the entire roll-out to setup and activate mining machines using 200 MW of power will be a total of $62 million. $6 million of this has already been paid. $56 million remains.
Current Mining Operations (excluding Bitmain deal). The Company is currently running 700 miners, representing a mix of Bitmain Antminer S17's, BitMain S19 95TH/ s's, and Canaan Avalons. Those miners are running in POD5 units in Stronghold,Pennsylvania at a site managed by Bit5ive. The current hashrate is 36,000 TH/s, with an upside potential of 54,000 TH/s given current capacity. This operational state is capable of producing annual revenues of $4.8 million to $6 million given current three-month trailing average pricing for major cryptocurrency markets. The Company is also actively expanding its mining operations as the business scales up.
Management Commentary. 'The nature of our business changed significantly last summer when we partnered with Bit5ive and began designing state-of-the-art mining pods with a bold vision and a deep conviction in the value proposition of the cryptocurrency marketplace,' remarked Alonzo Pierce, President and Chairman of ISW Holdings (ISWH). 'Now, just a bit over a year later, we are on the verge of becoming one of the top players in the cryptocurrency world after bringing Bitmain to the table in a deal that will see all parties unlock significant value. Looking ahead, our hosting service revenues will be stable and substantial, and capable of strong growth. And our mining revenues will fluctuate with prices in the cryptocurrency space. That will give us a strong foundation and enormous growth with a significant non-volatile component. This should put us in position to meet requirements to migrate shares to a major national listed exchange in due course. We have a number of additional catalysts in the works as well, and I look forward to providing more insights in the very near future.'"
Ebang International Holdings Inc. (EBON) announced earlier this year that the Company has completed the designing of a chip for simultaneous Litecoin (LTC) and Dogecoin (Doge) mining as an addition to our current portfolio of cryptocurrency mining chip designs. The Company believes the new design will allow the Company to construct high performance cryptocurrency mining machines superior to other mining machines currently on the market. Mr. Dong Hu, Chairman and CEO of the Company, commented, "The completion of the designing is a credit to our increased investment in R&D in recent years. We have made tremendous efforts to build up our R&D team and accelerate product iteration and innovation. In the future, we will focus on developing more mainstream cryptocurrency mining machines, and we are considering designing more mining chips compatible with multiple cryptocurrencies. We believe it will help increase our revenue from the cryptocurrency mining business and optimize our product offering structure along the blockchain industry value chain."
The9 Limited (NCTY) announced last month that its wholly-owned subsidiary NBTC Limited ("NBTC") and a Kazakhstan company LGHSTR Ltd. ("LGHSTR") have signed a non-binding investment memorandum to establish a joint venture in Kazakhstan. According to the investment memorandum, NBTC and LGHSTR will own 51% and 49% of the joint venture respectively. NBTC will control the board of directors of the joint venture. The joint venture plans to invest and build cryptocurrency mining sites with a total capacity of 200MW within two years. NBTC will have the priority to deploy cryptocurrency mining machines owned by NBTC or its partners. When the 200MW mining sites construction is fully completed, taking S19 Antminers as an example, the sites are expected to be able to deploy more than 50,000 S19 Antminers and accommodate about 5EH/s of hash power. The joint venture will also carry out operation and maintenance of cryptocurrency mining machines in Kazakhstan. The joint venture plans to complete the construction of 20MW in September 2021; a total of 100 MW is expected to complete by the end of 2021 cumulatively; and a total of 200MW is expected to be completed by the end of 2022 cumulatively.
HIVE Blockchain Technologies Ltd. reported last month that it has ordered 1,800 Antminer S19j Pro miners from Bitmain Technologies Ltd. ("Bitmain"). These new miners have an aggregate hash power of 180 Petahash per second (PH/s). HIVE is proud to reconnect with Bitmain one of the leading manufacturers in our industry and is excited to make this initial order of S19j Pro miners from Bitmain. These 1,800 miners are the first of our 2022 mining purchase program and will be delivered in 6 equal tranches of 300 miners, commencing in January 2022 through June 2022. "We are constantly upgrading our ASIC fleet to have the most efficient miners we can buy from cash flow," Frank Holmes, Executive Chairman of HIVE continued, "This purchase with Bitmain enables us to maintain our strategy to diversify the manufacturers we purchase from. Over the past year, we have been expressing our concerns about global shortages in chips and logistics delays in shipping equipment from Asia due to Covid 19. We have deep relationships Bitmain, MicroBT, and Canaan which are all top global manufacturers in our industry."
Hut 8 Mining Corp. announced last month its financial results for the quarter ending June 30, 2021 ("Q2-2021") Hut 8 continues to strategically emphasize its "hodl" strategy, taking active steps to generate Canadian and US dollars to help fund operating expenses, so as to avoid selling Bitcoin. During Q2-2021, 100% of self- mined Bitcoin was deposited into custody. As of June 30, 2021, the Company had a total Bitcoin balance of 3,824 with a market value of $166 million. Hut 8's current Bitcoin balance, including 2,000 Bitcoin loaned as part of the Company's fiat yield strategy, is approximately 4,240 Bitcoin, reflecting a market value of approximately $245 million. Hut 8 currently has an installed hashrate of 1.37 exahash ("E/H"). Given pending orders, we have additional contracted hashrate of 1.3 E/H (including 1,600 gigahash equivalent), bringing contracted hashrate to approximately 2.7 E/H. Based on current network dynamics, we anticipate daily settlement once all contracted equipment is hashing will equate to 20 – 25 Bitcoin per day.
$Hive Blockchain(HVBT.US)$
P.S. If you hold a position in any of these or have an interesting thought to share, please comment below...

These is not an opinion on whether or when you should buy or sell, as much as Just sharing useful pieces of info (sometimes only found in a dark corner of the internet basement) "Ma, MEATLOAF" 😎
These 2 growing BLOCKCHAIN companies are crypto miners and they both happen to be from my "neck of the woods" in good ol Joe Bidens fictitious home state (actually Delaware) I DEFINITELY DIGRESS...  I think i get dementia just talking about him so I'm giving it up like New Years 1999...
BIG BLOCKCHAIN BUSINESS MOVES QUIETLY TAKE PLACE IN PENNSYLVANIA #SUPPORTHEHOMETEAM
$ISW HLDGS INC(ISWH.US)$
PA
1.) 09/08/21 $ISW Holdings Inc. (ISWH) (OTC: ISWH), transitioning to "BlockQuarry," pending
name change, just announced an update for, "its current and prospective shareholders as the
Company moves toward several key milestones, including a corporate name and trading symbol
change, maximizing mining performance in Pennsylvania, and further cancellations of
outstanding convertible debt pursuant to the Company's shareholder friendly initiative
announced in fall 2020.
Corporate Name and Symbol Change. As communicated in the Company's August 3 release,
ISW Holdings (ISWH) has officially filed for a corporate name change to "BlockQuarry Corp."
The Company has also more recently filed to change its trading symbol. Both filings are now
actively going through FINRA, and more details will be announced soon when FINRA has
completed its due diligence process. These actions were taken to bring the Company's
corporate brand into better alignment with its emerging operational character given its growing
commitment to blockchain infrastructure, cryptocurrency mining, and collaborative hosting.
Mining Efficiency in Pennsylvania. As recently noted, the Company has switched on its mining
operations in Pennsylvania. The miners there are now running at 90 percent operational
efficiency, bringing its hashrate at this location to 54000 TH/s. Management is pleased with the
smooth operations at the site and looks forward to substantial revenue production from this
property over coming months and quarters.
Convertible Debt Elimination. As noted in the Company's release dated August 23, total
derivative liabilities were reduced 96% in the first six months of the year to under $750k. The
Company is working hard to continue this trend with recent cancellations and negotiations to
cancel more variable convertible notes to eliminate another 500,000 shares of potential dilution.
Further updates will be coming soon to communicate more details on this theme.
'As we see our mining efficiency begin to approach optimum levels for our current capacity, we
are making strides toward rebranding our stock to better reflect what we are building here,'
commented Alonzo Pierce, President and Chairman of ISW Holdings (ISWH). 'When we began
this pivot last year through our partnership with Bit5ive, we had tremendous conviction in the
future role that cryptocurrency would play in the world. At the time, Bitcoin was trading under
$10k. It is now 5 times that level with strong future growth potential as the dominoes of
institutional and mainstream acceptance continue to tip in our favor. This backdrop has also
allowed us to make good on our pledge to systematically eliminate dilution risk along the way.'"
$The OLB Group(OLB.US)$
2.)The OLB Group, Inc. (OLB) reported earlier this week that DMint, Inc, a wholly-owned
subsidiary of OLB ("DMint"), is expecting their first batch of cryptocurrency data centers to come
online mid-September 2021. Located in Bradford, PA, the centers will be powered through clean
gas energy generated through DMint mineral rights. "These new data centers employ the latest
efficiencies for maximizing performance of the miners with an eye on the environmental impact
and cost of power," said Ronny Yakov, Chief Executive Officer of OLB. "We expect this
approach to generate excellent revenue and will enable further expansion of all services and
functions important to keeping our merchants competitive. Crypto commerce is becoming
increasingly popular with merchants and consumers, and OLB is striving to make it accessible
to all."
3.)Oh and WOW $Globalstar(GSAT.US)$ had bullish options reported with a great deal of volatility picking up. Options sweep to 3 . Current price 2.50-2.70 $Globalstar(GSAT.US)$ getting a nice push!
If anyone is familiar with either 2 of these BLOCKCHAIN stocks and feel like you have something interesting byou want to add, or simply enough just want to be in on the crypto Convo Please comment below. :( ✌️