LAS VEGAS, May 29 (Bernama-GLOBE NEWSWIRE) -- International Spirits & Wellness Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company”), a global brand management holdings company, announced its entrance into a new venture with Bit5ive LLC, a global leader in cryptocurrency mining and innovative turnkey mining solutions.
Bit5ive is an official distribution partner of Bitmain, the industry-leading fabless manufacturer of computing chips and distributor of Antminers to more than 30 countries in Latin America, Central America, and the Caribbean. In addition, Bit5ive is the producer and distributor of POD5 and Power Skid 2.5, the most efficient and successful infrastructure for crypto mining hardware. Bit5ive is quickly becoming one of the largest U.S.-based companies in the cryptocurrency mining and bitcoin farm industry. The joint venture with ISW Holdings is the latest in a string of successes for the Company and an indication of the growing interest in bitcoin and blockchain technologies. “We have achieved considerable growth and hit several major milestones in the last three years, consistently growing our staff and honing our expertise along the way,” said Bit5ive CEO Robert Collazo. “It is important that we continue innovating and be over par with industry demand from every aspect.” For more details and forward-looking statements, view the entire announcement: http://nnw.fm/ISWHoldingsBit5iveAnnouncement The bitcoin technology market, valued at USD $293.66 million in 2019, is expected to reach USD $477 million by 2025, according to Mordor Intelligence. “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,” stated ISW Holdings President and Chairman Alonzo Pierce. “This new joint-venture agreement 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.” http://mrem.bernama.com/viewsm.php?idm=37456
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