U.S. cryptocurrency mining company Digital Farms will cease operations due to Bitcoin price and new crown pneumonia

Digital Farms, a California-based cryptocurrency mining company, announced that it will cease operating its cryptocurrency mining business. Digital Farms’ parent company, the US listed company DPW Group, said that the company was affected by the new crown pneumonia epidemic and the sharp drop in the price of bitcoin. Except for its downsizing, its cryptocurrency mining business will be suspended indefinitely. Super Crypto Mining was acquired by DPW in January 2018, and then changed its name to Digital Farms. It began bitcoin mining in February 2018 and obtained large-scale power facilities in May 2019 to carry out cryptocurrency mining business.