Post
Topic
Board Mining speculation
Re: Spondoolies Question
by
xstr8guy
on 05/10/2014, 21:12:31 UTC
This is a terrible time to invest in any hardware and it will likely never get better.

This BTC price drop just may kill Spondoolies. Their business model of not building their own datacenters, although admirable, is probably the worst decision they could have made. Their retail sales must have completely dried up over the past few weeks. And unless they have some large orders coming in from private farms, they're screwed. And even then, they'd have to sell their miners at a steep discount.