DPW ’s Subsidiary Coolisys Technologies Unveils Its First Cryptocurrency Hardware
FREMONT, Calif., Dec. 04, 2017 -- Digital Power Corporation (NYSE.American:DPW) ("Digital Power" or the "Company"), a company seeking to increase revenues through acquisitions and organic growth, announced today that its wholly owned subsidiary, Coolisys Technologies, Inc. (”Coolisys”), anticipates launching a line of advanced technology power systems for digital mining of cryptocurrencies, including Bitcoin and the other top digital currencies worldwide. Both digital mining as an industry and cryptocurrency as an asset class have experienced exponential growth for the past 5 years. Leveraging the Company’s 48 years of designing, manufacturing and receiving worldwide adoption of its highly efficient and durable power solutions and systems, Coolisys believes it is well positioned to resolve challenges with the cost and use of power for today’s burgeoning digital mining community and adopt and implement other technological improvements.
Coolisys stated that the first miner AC-DC switching power supply being produced will be for use by the Antminer S9 model by Bitmain Masters and can now be pre-ordered. The very popular and highly regarded Antminer S9 was the world’s first dedicated bitcoin miner using an application-specific integrated circuit, (commonly known as an ’ASIC’), based on the sixteen nanometer (“16nm”) process on its system.
- Published: 04 December 2017
- Written by Editor