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Every crypto miner faces the same challenge: power consumption. The banks of computers solving algorithms consume massive amounts of energy to run full bore 24/7/365, which has companies looking at every possible way to contain costs. To lend some color to the expense involved, consider that, in aggregate, the Bitcoin industry uses approximately 91 terawatt-hours of electricity annually. That’s more than the entire country of Finland.
ISW Holdings Inc. (OTC: ISWH), which is in the midst of a name change to BlockQuarry, is a Nevada-based portfolio company with primary commercial-stage operations in cryptocurrency mining. The flagship asset of ISWH is its Pod City complex that, when complete, will pair 200 megawatts (MW) of power with 56,000 crypto mining rigs. In addition to running its own operations, ISWH is a hosting service that provides all the requisite equipment and know-how for clients hoping to enter the crypto mining space.
https://www.globenewswire.com/news-release/2021/12/16/2353675/0/en/ISW-Holdings-Inc-ISWH-Creates-Ideal-Scenario-for-Entering-Crypto-Mining-Space.html