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The Best Countries for Crypto Mining

37.00 £
Published date: 2024/10/04
  • Location: 6622, White Cone, Iowa, United States
It also affects your approach to cost management, including electricity costs and maintenance. Spondoolies Tech builds Bitcoin mining hardware suitable for both private and commercial users. The firm sells ASICs, mining hardware and also hosts miners that wish to use its cloud platform. Raised funds from institutional investors like Agile Wings, BRM Group and Genesis Partners including angel investors Olivier Janssens and Aleph partner Eden Shochat. Spondoolies-Tech is looking to release a 28nm ASIC, antminer d7 as well as two custom 16nm ASICs, by the second half of 2015, the total costs of which will be $7M+. In September 2015, Spondoolies merged with BTCS wherein shareholders of BTCS will own about 55% of the combined company and those of Spondoolies will hold 45%.

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