Post
Topic
Board Hardware
Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs
by
Searing
on 17/11/2015, 10:29:18 UTC
Spondoolies is owned by BTCS who is very soon by their own admission going to be bankrupt.  The debtors of BTCS own Spondoolies assests - not that dude Guy.  This is ALL BAD for the jews.  I'd say Spondoolies is finished. What a fuck up.

LMAO  Cheesy  At least they didn't do pre-orders with us (lower class,broke,whiney folk)  Cool

You NAILED it! Smiley

http://www.coindesk.com/btcs-filing-substantial-doubt-bitcoin-firms-future/


Heh.... the pre-orders are definitely imho going to the data hall to be mined ASAP for USD.....closest thing that BTCS has to a 'pump' to bail out the sinking boat...again imho. Smiley

Newbie IPO $$$ from those richer then ourselves ...seem to be in 'jepoardy' it seems Smiley

Well with 'hindsight' being 20/20 if Spondoolies (assuming they had the cash flow to survive in some manner w/o BTCS bailout) had NOT gone in with BTCS..then they could have
'adjusted' their risk with miners to home folk and/or data hall according to 'risk' ....ie ..just gone 'modest' data hall on their own to get through the 'rough times' and/or continue
to plump the home miner market (which at that previous point in time they would have been pretty much alone offering such this last year)

But they went 'ALL IN' with BCTS and their options are again ..not their own...and again IMHO....(been there, done that ...easy to toss rocks....I feel for you guys....)

but yeah 'btc mining holes' suck! If you over commit to what you think you can pull off in equip/price of btc/ and other factors....(again been there)