Larry Sossamon, President, and Chic Blanton, Vice President of Sossamon Construction Co., Inc., commented, “We are very excited to be working with the Bit5ive team, a leading pioneer in the crypto mining space, on this exciting project. We have made excellent progress as we near completion of the first phase of over 200MW of crypto mining parks in South and North Carolina. These projects represent some of the most innovative of their kind, and stand to create many new jobs and new opportunities in the area.”
Company management also notes that Bit5ive will begin delivering the first tranche of new mining Pods to the site over coming weeks.
“Even with supply chain issues, we have managed to manufacture in record time,” noted Alonzo Pierce, Chair and President of ISW Holdings. “We will continue to do our best to hit our schedule objectives despite difficult market conditions, and we are thrilled to start deploying our Gen4 Pods to the site as the project ramps up. We are also excited to report that engineering and planning have gotten underway on the next sites to be developed starting in early 2022.”
https://www.globenewswire.com/news-release/2021/10/19/2316438/0/en/ISW-Holdings-Announces-Phase-1-of-200-MW-Southeastern-US-Cryptocurrency-Mining-Project-Nears-Completion.html