Super Crypto Mining Launches Cloud Mining Platform
May 02 2018 - 6:30AM
DPW Holdings, Inc. (NYSE American: DPW) ("
DPW" or
the "
Company"), a diversified holding company,
hereby announces that its subsidiary, Super Crypto Mining, Inc.
launched its cloud mining platform on May 1, 2018, as previously
announced during its January 31, 2018 webcast and in subsequent
announcements. The cloud mining platform initially is operating in
beta, available to pre-registered subscribers only, offering
digital mining services for Bitcoin only, with other
cryptocurrencies to follow. Super Crypto Mining will announce when
the cloud mining platform has completed beta testing as Super
Crypto Mining anticipates rolling out additional subscription
campaigns through 2018 and thereafter. Pre-registered members
previously registered through the Super Crypto Mining website and
dedicated registration page.
The cloud mining platform features a comprehensive dashboard
showing mining progress and payout options. Subscribers now have an
economical path to begin crypto-mining without the heavy start-up
costs and complex technologies. “The cloud mining platform is
supported in part by our latest U.S. based mining farm. As
previously mentioned, this relationship provides us with up to 25
megawatts of power. We are extremely satisfied with this new
location. The team has delivered one of the most advanced farming
locations in record time.” commented Darren Magot, CEO Super Crypto
Mining.
ABOUT DPW HOLDINGS, INC.Headquartered in
Newport Beach, CA, DPW Holdings, Inc. is a diversified holding
company that, through its wholly-owned subsidiary, Coolisys
Technologies, Inc., is dedicated to providing world-class
technology-based solutions where innovation is the main driver for
mission-critical applications and lifesaving services. Coolisys’
growth strategy targets core markets that are characterized by
“high barriers to entry” and include specialized products and
services not likely to be commoditized. Coolisys through its
portfolio companies develops and manufactures cutting-edge resonant
switching power topologies, specialized complex high-frequency
radio frequency (RF) and microwave detector-log video amplifiers,
very high-frequency filters and naval power conversion and
distribution equipment. Coolisys services the defense, aerospace,
medical and industrial sectors and manages four entities including
Digital Power Corporation, www.DigiPwr.com, a leading manufacturer
based in Northern California, 1-877-634-0982; Digital Power Limited
dba Gresham Power Ltd., www.GreshamPower.com, a manufacturer based
in Salisbury, UK.; Microphase Corporation, www.MicroPhase.com with
its headquarters in Shelton, CT 1- 203-866-8000; and Power-Plus
Technical Distributors, www.Power-Plus.com, a wholesale distributor
based in Sonora, CA 1-800-963-0066.
Digital Power Lending, LLC, www.DigitalPowerLending.com, a
wholly owned subsidiary of the Company, is based in Fremont, CA,
and is a California private lending company operating under
Financial Lender’s License ##60DBO-77905 dedicated to strategically
providing capital to small and middle size businesses for an equity
interest in addition to loan fees and interest. Super Crypto
Mining, Inc. www.SuperCryptoMining.com is a wholly-owned
subsidiary of the Company, is based in Fremont CA that leverages
its engineering expertise and existing locations to create crypto
currency mining facilities across the globe. Super Crypto Mining,
Inc. operates the branded division, Super Crypto Power,
www.SuperCryptoPower.com. Excelo, LLC, www.Excelo.com, a
wholly-owned subsidiary of the Company, is a national search firm
specializing in fulfilling strategic executive, professional and
hi-tech placements for businesses delivering world-class services.
DPW Holdings, Inc.’s headquarters is located at 48430 Lakeview
Blvd., Fremont, California, 94538; 1-877-634-0982;
www.DPWHoldings.com. For Investor inquiries: IR@DPWHoldings.com or
1-888-753-2235.
Forward-Looking StatementsThe foregoing release
contains “forward looking statements” within the meaning of
Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as
amended, including statements regarding the acquisition and the
ability to consummate the acquisition. These forward-looking
statements generally include statements that are predictive in
nature and depend upon or refer to future events or conditions, and
include words such as “believes,” “plans,” “anticipates,”
“projects,” “estimates,” “expects,” “intends,” “strategy,”
“future,” “opportunity,” “may,” “will,” “should,” “could,”
“potential,” or similar expressions. Statements that are not
historical facts are forward-looking statements. Forward-looking
statements are based on current beliefs and assumptions that are
subject to risks and uncertainties. Forward-looking statements
speak only as of the date they are made, and the Company undertakes
no obligation to update any of them publicly in light of new
information or future events. Actual results could differ
materially from those contained in any forward-looking statement as
a result of various factors. More information, including
potential risk factors, that could affect the Company’s business
and financial results are included in the Company’s filings with
the U.S. Securities and Exchange Commission, including, but not
limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are
available at www.sec.gov and on the Company’s website at
www.DPWHoldings.com.
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