Looks like good progress.

If it is indeed true that China is more in it for quantity than quality (which doesn´t seem too unusual) their manufacturers will most likely not get beyond the 0.7W/GH efficiency mark (atleast not too soon).

This means that Spondoolies has a real chance to massively expand business by chip sales / cooperative development of immersion cooled units etc.

It should come as a very welcome business opportunity, as spondoolies is still quite a small player (by sold GH) compared to the Chinese top three.


However, spondoolies should have a very good lead in terms of efficiency in July / August (0.7 compared to 0.5W/GH is a ~30% advantage).

@Guy

Is there any chance you could find out how much big Chinese ASIC deployments pay for their power?

I heard it is very hard to get below 10ct/kWh in China, but with certain connections you might get it very low?