Lack of Dough Forces Spondoolies-Tech to Stop Operations
Spondoolies-Tech, the bitcoin hardware and cloudmining company has stopped operations. The Bitcoin industry can get unpredictable sometimes, just like the value of digital currency. In one such sudden, out of the blue announcement, Spondoolies-Tech’s CEO, Guy Corem in a post on the company’s page has announced that they have shut down their operations. The Israeli Bitcoin hardware and mining solutions firm has been one of the leading transaction server manufacturers in the bitcoin industry. The news about the company shutting down its operations comes close to the recent merger between....
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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....
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....
Bitcoin Shop, Inc. (BTCS) and Spondoolies-Tech recently announced that they are in the process of merging operations in order to create the first publicly-traded bitcoin transaction verification companies. BTCS has recently launched its own mining farm and would own 53% of the merged entity. With this merger, BTCS can gain access to the technology of one of the top hardware providers in the ecosystem, which is Spondoolies-Tech. Charles Allen, the current CEO of BTCS, will act as the CEO and chairman of the merged company while Guy Corem, Spondoolies CEO and co-founder, will serve as a....
Recently I had the opportunity to speak with Guy Corem of Spondoolies-Tech, and we spoke about Spondoolies-Tech, the team, miners, Bitcoin and where it is going in the future along with the future of mining. Spondoolies-Tech SP10 Dawson, A Masterpiece Bitcoin Miner. Now I am reviewing the Spondoolies-Tech SP10 Dawson. Specifications: -Effective Hash Rate 1.4TH/s ± 10%. -ASIC Total 192 Spondoolies-Tech Hammer ASICs. -Controller TI Sitara 1GHz (based on Beagle Bone Black). -Controller Board OS Linux (embedded). -Mining Software cgminer with custom plugin. -Form Factor 1.25 U rack mountable....