Stocks To Buy Forum

Stocks to Buy based on the Best Stock Market Research

DPW Holdings Issues Coolisys Technologies’ Issues Power Supply Update

DPW Holdings, Inc. (NYSE American: DPW) ("DPW" or the "Company"), a diversified holding company, stated today that its subsidiary, Coolisys Technologies, Inc. (“Coolisys”), anticipates that it will begin delivering the power supplies that have been ordered from since its announcement dated December 4, 2017 within the next 40-45 days. Coolisys expects to fulfill the first 1,000 backordered units of its AC-DC power supply created for use with the acclaimed Antminer S-9 model from Bitmain Masters as well as other miners. Coolisys is pleased to note that the demand from B2B and commercial customers has been significant.

Coolisys also announced that it anticipates producing a 2000W modular, rack mountable power supply that can service multiple mining units simultaneously. The modular feature of the power supply means that these units are scalable, enabling a user to create a chain of multiple 2000W power supplies which can then power even more mining devices, in aggregate. Those interested in this product can begin placing pre-orders beginning February 1, 2018 at

Amos Kohn, President and CEO of Coolisys stated, “With our competitive advantage from our expertise in developing and providing advanced power solutions for sectors that range from technology and military to the industrial and healthcare, we believe our cryptocurrency initiatives and products will have a material effect on the Company’s consolidated revenues and net income during 2018. Later this year, we are scheduled to release our new Super Crypto Power solution with additional control features, higher power and better efficiency.”

The active digital mining markets including Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Dash and over 1,300 other mineable digital currencies have created a budding hardware demand driving the need for efficient low-cost power solutions. Cryptocurrency mining of block-chain transactions is power-hungry with the most successful miners consisting of those that get the highest hash rates out of their systems, at the lowest total cost. Since electricity is the biggest operational cost of mining, it follows that maximizing the efficiency of the power supply is critical. With even the smallest of efficiencies delivering notable savings, Coolisys believes that it can readily commercialize a new line of crypto mining power solutions within a suite of products.

Views: 107

Reply to This

Stocks to Buy 2018

Stocks to Buy 2018

Tesla (TSLA)
Small Cap Bull 3x (TNA)
Shake Shack (SHAK)
Stocks to Watch - 2018
Penny Stocks - 2018

Twitter - Free Stock Alerts

© 2018   Created by Stocks To Buy.   Powered by

Badges  |  Report an Issue  |  Terms of Service