Post
Topic
Board Hardware
Re: [ANN] Spondoolies-Tech launches a new line of ASIC miners - Best W/GH/s ratio
by
raskul
on 12/04/2014, 18:10:02 UTC
@Spondoolies

What is your refund policy if you miss the August date on the SP30 ?


you clearly have no intention of ordering any mining equipment anyway, so may I ask, why are you wasting people's time here?
I am sure you will receive all the info you need by contacting them via their website

Folks, you gotta learn to roll with the times - as hard as it is to abandon your hopes and aspirations of getting rich quick on the back of cryptos.

Bitcoin prices are trending towards the cost of mining them.
No ASIC manufacturer is offering equipment that small customers can expect to ROI in less than a year. if at all.
Mining is becoming a utility business with returns that will trend towards 7% a year, just like water and gas and electricity generation.
To make money, you will have to do it at extreme scale in locales with cheap electricity.


There is a washout coming in the ASIC mining equipment business and the only companies which will survive are those that adapt their business model to the new normal. KNC obviously plans be one of them.

The new 'great opportunities' in cryptos have moved up the food chain, to the infrastructure and application level.