Post
Topic
Board Hardware
Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs
by
Biodom
on 21/09/2015, 16:58:10 UTC
So, the merger of Spondoolies with BTCS is apparently a done deal.
http://finance.yahoo.com/news/btcs-spondoolies-tech-sign-definitive-123700992.html
Quote
Following the merger, Charles Allen will remain the CEO and chairman of the board of the combined company and Yuval Rosen will join the board and be appointed as BTCS' CFO. Guy Corem, Kobi Levin, and Gadi Glikberg, current executives of Spondoolies, will also be appointed officers of the combined company.
I wonder if Zvi/software lead is still with the combined company?

I think that Spond took a pause and allowed Bitmain to exert too much influence on the retail marketplace.
Hopefully, they will reconsider getting out of retail. I am pretty sure that 28 mil that Spond sold last year would make quite an impact on BTCS valuation going forward.
Relying only on self-mining is riskier, in my opinion. They (BTCS/Spond) still have the window open until Dec 31.
If they come up soon with a reasonably priced 16nm solution, it would be uncanny.