S17 | Jotup

ISW Holdings Officially Launches Live Mining Operations for its 200MW Southeastern US Bitcoin Mining and Hosting Project

Retrieved on:

Tuesday, February 22, 2022

HOUSTON, TEXAS, Feb. 22, 2022 (GLOBE NEWSWIRE) -- via InvestorWire --ISW Holdings, Inc. (OTC: ISWH) (ISW Holdings or the Company), a Texas-based portfolio company with primary commercial-stage operations in Cryptocurrency Mining, is pleased to update current and prospective shareholders as the Company begins live mining and hosting operations for its 200-megawatt (MW) Bitcoin mining and hosting project.

Key Points:

HOUSTON, TEXAS, Feb. 22, 2022 (GLOBE NEWSWIRE) -- via InvestorWire --ISW Holdings, Inc. (OTC: ISWH) (ISW Holdings or the Company), a Texas-based portfolio company with primary commercial-stage operations in Cryptocurrency Mining, is pleased to update current and prospective shareholders as the Company begins live mining and hosting operations for its 200-megawatt (MW) Bitcoin mining and hosting project.
This is a tremendous day for ISW Holdings and our shareholders, stated Alonzo Pierce, President and Chair of ISW Holdings.
After months of hard work, and after overcoming a series of obstacles related to the unpredictable global macroeconomic context, we are very proud to announce that the Company is now officially hosting client mining services and mining Bitcoin at scale in our 200MW mining and hosting project.
As one of the fastest growing crypto mining and mine hosting providers in America, ISW Holdings is quickly transforming the decentralized finance (DeFi) and blockchain industries.

VBit Technologies Acquired by Advanced Mining Group in a Huge $105M Deal

Retrieved on:

Monday, January 31, 2022

Growth, CEO, Intention, Goal, Ministry of Education (Malaysia), Freedom, Health, GLOBE, Acquisition, S17, Cryptocurrency

PHILADELPHIA, Jan. 31, 2022 (GLOBE NEWSWIRE) -- Today, VBit Technologies , a U.S.-based hosting hardware mining company, announced its full acquisition by Advanced Mining Group, an Asian-based company primarily focused on bitcoin mining, in order to secure its future as a leading mining services provider in North America and also reach newly set goals.

Key Points:

PHILADELPHIA, Jan. 31, 2022 (GLOBE NEWSWIRE) -- Today, VBit Technologies , a U.S.-based hosting hardware mining company, announced its full acquisition by Advanced Mining Group, an Asian-based company primarily focused on bitcoin mining, in order to secure its future as a leading mining services provider in North America and also reach newly set goals.
A 105-million-dollar deal consisting of cash and stock options has been legally closed on Jan. 31, 2022.
As a company that has been thriving in the crypto mining sector since 2015 and operating 12 data centers dedicated to bitcoin mining in Europe and Asia, Advanced Mining is expected to accelerate VBit's growth and build a stronger position in the global market.
Starting today, it will join the Advanced Mining family, embracing the Advanced Mining brand and operate under it.

ISW Holdings Provides Corporate Update: Mining Revenues Ahead of Expectations, Phase One Set to Switch On

Retrieved on:

Thursday, December 9, 2021

As we approach year-end, the Companys revenue run rate from its own cryptocurrency mining operations has begun to exceed internal and publicly stated expectations.

Key Points:

As we approach year-end, the Companys revenue run rate from its own cryptocurrency mining operations has begun to exceed internal and publicly stated expectations.
The timeline for this activation was delayed relative to expectations due to supply chain bottlenecks for key equipment items.
We are also very pleased at the results coming in from Pennsylvania, where our mining efficiency has exceeded expectations.
Investors should refer to the risks disclosed in the Company's reports filed from time to time with OTC Markets ( www.otcmarkets.com ).

BOTS Incorporated Graduates Training Class of October 2021 Into Bitcoin Miners' Repairs Program

Retrieved on:

Friday, November 5, 2021

Graduates are now able to provide maintenance services and repair Bitmain mining rigs using original parts in a timely and efficient manner.

Key Points:

Graduates are now able to provide maintenance services and repair Bitmain mining rigs using original parts in a timely and efficient manner.
BOTS, Inc. announced earlier that the Company would offer its TekX Accelerated Training at its Parkersburg campus.
Those 2-week advanced programs will provide students with knowledge of Bitcoin mining repairs technology and state-of-the-industry miner diagnostics, electrical, and mining technologies.
The Company announced earlier the availability of bitcoin mining repairs through an authorized national bitcoin miners' repair center, which is now fully operational through our new subsidiary.

ISW Holdings Reports Financial and Operational Highlights for Three and Nine Months Ended Sept. 30, 2021

Retrieved on:

Wednesday, November 3, 2021

Financial Highlights for Three and Nine Months Ended Sept. 30, 2021

Key Points:

Financial Highlights for Three and Nine Months Ended Sept. 30, 2021
Revenues from operations for the three months ended Sept. 30 of $1.075 million (including deferred revenues), up 2,435% on a year-over-year basis.
Net revenues (excluding deferred revenues) for the three months ended Sept. 30 grew 579% on a year-over-year basis.
Net revenues (excluding deferred revenues) for the nine months ended Sept. 30 grew 185% on a year-over-year basis.
Operational Highlights for Three Months Ended Sept. 30, 2021
Exceeded internal expectations for cryptocurrency performance in the first quarter of significant mining operations.

Bit Digital, Inc. completed the acquisition of $13,902,742 worth of bitcoin miners with total hash rate of 1,003.5 Ph/s

Retrieved on:

Friday, December 4, 2020

Search algorithms, S17, Hash function, pH, Physical sciences, Natural sciences, Branches of science

The closing of the acquisition represents the total hash rate of the Company increase by approximately 1,003.5 Ph/s from 1,250 Ph/s to 2,253.5 Ph/s.

Key Points:

The closing of the acquisition represents the total hash rate of the Company increase by approximately 1,003.5 Ph/s from 1,250 Ph/s to 2,253.5 Ph/s.
The total 17,996 miners acquired include 7,025 Antminer S17+, 9,110 Antminer T17, 195 Antminer S17E, 32 Antminer S17Pro, 105 Antminer S19Pro, 1,429 Whatsminer M20S, 100 Whatsminer M31S.
With these miners being deployed, the total energy efficiency will be decreased from 61.88 (+/-5%) J/TH to 55.33 (+/-5%) by 10.59%.
This press release may contain certain "forward-looking statements" relating to the business of Bit Digital, Inc., and its subsidiary companies.

Riot Blockchain receives initial order of Bitmain S17 Pro Antminers and commences deployment at Oklahoma City Mining Facility

Retrieved on:

Wednesday, January 8, 2020

Bitmain, Hardware acceleration, S17

CASTLE ROCK, Colo., Jan. 8, 2020 /PRNewswire/ --Riot Blockchain, Inc. (NASDAQ: RIOT) ("Riot" or the "Company"),announces receipt of approximately 3,000 S17 Pro Antminers from BitmainTech PTE.

Key Points:

CASTLE ROCK, Colo., Jan. 8, 2020 /PRNewswire/ --Riot Blockchain, Inc. (NASDAQ: RIOT) ("Riot" or the "Company"),announces receipt of approximately 3,000 S17 Pro Antminers from BitmainTech PTE.
Riot anticipates receipt of the second order of 1,000 S17 Pro Antminers from Bitmain during January 2020, as previously announced by the Company on December 12, 2019.
Assuming a late January 2020 receipt of the second Bitmain order of 1,000 S17 Pro Antminers, as scheduled, the full upgrade of its Oklahoma City mining facility to the new S17 Pro generation of miners could be completed over approximately the next four weeks.
Riot anticipates that total deployment of the 4,000 S17 Pro new miners will represent approximately 90% of the Oklahoma City's mining facility's total current capacity.

BitDeer.com Antminer S17 Mining Plans Now on Sale

Retrieved on:

Saturday, April 13, 2019

Hardware acceleration, Electronic engineering, Electronics, Bitmain, Dietikon, S17, Bremgarten–Dietikon railway line, Application-specific integrated circuit, Mining, Electromagnetism

SINGAPORE, April 12, 2019 /PRNewswire/ -- BitDeer.com , the leading computing power-sharing platform, has just kicked off the presale of S17 mining plans deploying the recently revealed Antminer S17 series miners.

Key Points:

SINGAPORE, April 12, 2019 /PRNewswire/ -- BitDeer.com , the leading computing power-sharing platform, has just kicked off the presale of S17 mining plans deploying the recently revealed Antminer S17 series miners.
BitDeer's S17 plans support BTC/BCH mining, and will be offered in 120-day, 180-day, 240-day, and 360-day durations.
Unveiled by Chinese mining giant Bitmain on March 29, the Antminer S17 series miners will be powered by the new and improved 2nd generation 7nm ASIC BM1397 mining chips.
Lu made the official announcement to launch the new S17 plans during a keynote speech given at the 2019 New Age Mining Summit, a cynosure event of China's crypto mining industry.