$ISWH Readies for Crypto Action as Shares Bank Off Range Support
ISWH is tracing out a type-specimen range trade formation, with a series of well-defined highs and well-defined lows. It's not rocket science.
Note that each trip from the lows to the highs is about 200%, and we've seen it 2-3 times in the past 6 months.
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ISW Holdings Inc (OTCMKTS:ISWH) 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”.
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 JV between Bit5ive and ISWH should be a big deal for ISWH shares.
Besides its 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.
We would imagine this proceeds in a step-wise process that leads to marketing and sales of the “Pods” that it has discussed, and that Bit5ive understands so well.
The turnkey crypto mining solutions revolution is upon us. 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.
Note that each trip from the lows to the highs is about 200%, and we've seen it 2-3 times in the past 6 months.
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ISW Holdings Inc (OTCMKTS:ISWH) 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”.
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 JV between Bit5ive and ISWH should be a big deal for ISWH shares.
Besides its 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.
We would imagine this proceeds in a step-wise process that leads to marketing and sales of the “Pods” that it has discussed, and that Bit5ive understands so well.
The turnkey crypto mining solutions revolution is upon us. 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.
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