Spondoolies-Tech Enters Cloud Mining Partnering With Genesis Mining
Spondoolies-Tech is entering the cloud mining market by joining forces with Genesis Mining. The news is big as Guy Corem of Spondoolies has been very vocal about many cloud mining companies being a scam. Guy also does not believe in self-mining as he feels it is immoral to compete with your customers for the Bitcoin rewards. Marco Streng of Genesis Mining is also very positive about the new partnership. As one of the remaining cloud mining services, Genesis Mining has been sticking it out during the recent BTC value drop. They have even gone so far as to allow their customers to exchange....
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Bitcoin mining hardware firm Spondoolies-Tech is partnering with Bermuda-based Genesis Mining on a new cloud mining offering. According to the two companies, Spondoolies will provide the hardware to back the virtual contracts sold, while Genesis will operate the machines out of their existing data centers. New hardware shipments from Spondoolies' facilities for the cloud mining service will be conditional on demand from customers. The demand-driven model is one both Spondoolies CEO Guy Corem and Genesis CEO Marco Streng predict will be successful despite a challenging environment for the....
At the Hasher's United conference in Las Vegas, Genesis Mining unveiled their Project X platform as the next evolution in their cloud mining service. Marco Streng, the CEO of Genesis Mining, gave an excellent rundown of Project X as well as a teaser video. Genesis had a booth at the Inside Bitcoins conference as well as Hasher's United and created quite a presence at the shows. One of the hallmarks of Genesis Mining is that they have always been fairly transparent with their data centers, showing pictures, videos and at times live video feeds of the centers. At the Hasher's United....
Bitcoin mining equipment developer Spondoolies-Tech has ceased operations this month, CEO Guy Corem revealed. Israeli bitcoin mining equipment developer Spondoolies-Tech, a prominent bitcoin hardware manufacturer in recent years has, in a surprising announcement, revealed that it has shut down operations this month. A social media post by Spondoolies-tech CEO Guy Corem read: As of May 4, 2016, Spondoolies-tech has ceased operations. It has been a great privilege to serve the Bitcoin mining community and especially our customers. We deeply appreciate the support and faith that you have....
Spondoolies -Tech has one of the most impressive new chips on the SHA-256/Bitcoin mining scene at the moment. Their miners based on the Hammer ASIC chip have been very aggressively priced and starting at 1.4 th/s they also start at a high speed from the start. Having read about them and seeing one up close in NYC, I wanted to know more. Spondoolies-Tech Hammer ASIC. I contacted Gadi Glikberg to see if I could get more information. He did large step better and got me and interview with Guy Corem the CEO of. Spondoolies-Tech. Spondoolies-tech, was founded in August of last year by Guy Corem....
For Bitcoin cloud mining, names quickly come to mind such as Cex.io or PBmining. But what about on the Scrypt side of the spectrum? Genesis Mining plans to change just that. Before going over what makes Genesis Mining stand out, what are some of the benefits of having your hash power the cloud versus setting up your own rig? Well, for one, you don’t have to set it up. Even for experienced miners, it’s a hassle to buy parts and assemble the parts; make sure everything is working, etc. After that, you have to somehow isolate the heat and noise coming from usually multiple graphics cards....