Post
Topic
Board Mining speculation
Re: Spondoolies Question
by
youngwallst
on 06/10/2014, 13:16:10 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.

While I agree with you that mining will never get easier, let me ask you this.. I have a private mining operation which pumps about 45 TH/s .. To expand (if I so choose) to around 100 TH/s what would you consider? I dont plan to do it right now, but would like to have some opinions simply on how to go about it, since everyone is split between either loving spondoolies or saying it is the wrong choice with price being so low and diff being so high. Thank you in advance for your feedback!