Guy Corem (OP)
Donator
Legendary
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Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
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May 09, 2016, 03:31:41 AM |
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To our valued customers ,
As of May 4, 2016 Spondoolies-tech has ceased operations.
It has been a great privilege to serve the Bitcoin mining community and especially our customers. We deeply appreciate the support and faith that you have placed in us and wish you success in your future endeavors.
Sincerely,
Guy Corem CEO Spondoolies-tech
Any last foughts on Classic vs Core? Classic ? Remind me ?
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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ColumbiaBasinMining
Member
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Activity: 62
Merit: 10
A Bitcoin Mining Company
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May 09, 2016, 03:48:30 AM |
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To our valued customers ,
As of May 4, 2016 Spondoolies-tech has ceased operations.
It has been a great privilege to serve the Bitcoin mining community and especially our customers. We deeply appreciate the support and faith that you have placed in us and wish you success in your future endeavors.
Sincerely,
Guy Corem CEO Spondoolies-tech
Guy: Sorry to see you go, and I thank you for taking the time to speak me in the past. I wish you well sir. CBM
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Fatman3001
Legendary
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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May 09, 2016, 05:27:50 AM |
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To our valued customers ,
As of May 4, 2016 Spondoolies-tech has ceased operations.
It has been a great privilege to serve the Bitcoin mining community and especially our customers. We deeply appreciate the support and faith that you have placed in us and wish you success in your future endeavors.
Sincerely,
Guy Corem CEO Spondoolies-tech
Any last foughts on Classic vs Core? Classic ? Remind me ? Spondoolies ? Remind me ?
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"I predict the Internet will soon go spectacularly supernova and in 1996 catastrophically collapse." - Robert Metcalfe, 1995
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tvasbn
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May 09, 2016, 12:14:34 PM |
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To our valued customers ,
As of May 4, 2016 Spondoolies-tech has ceased operations.
It has been a great privilege to serve the Bitcoin mining community and especially our customers. We deeply appreciate the support and faith that you have placed in us and wish you success in your future endeavors.
Sincerely,
Guy Corem CEO Spondoolies-tech
Any last foughts on Classic vs Core? Classic ? Remind me ? You predicted that the Bitcoin Classic team(miners & pools) will split from the Core team(developers)
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Guy Corem (OP)
Donator
Legendary
Offline
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
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May 09, 2016, 12:36:49 PM |
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To our valued customers ,
As of May 4, 2016 Spondoolies-tech has ceased operations.
It has been a great privilege to serve the Bitcoin mining community and especially our customers. We deeply appreciate the support and faith that you have placed in us and wish you success in your future endeavors.
Sincerely,
Guy Corem CEO Spondoolies-tech
Any last foughts on Classic vs Core? Classic ? Remind me ? You predicted that the Bitcoin Classic team(miners & pools) will split from the Core team(developers) Not exactly. Read my Medium post.
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tmfp
Legendary
Offline
Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
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May 09, 2016, 12:52:59 PM |
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To our valued customers ,
As of May 4, 2016 Spondoolies-tech has ceased operations.
It has been a great privilege to serve the Bitcoin mining community and especially our customers. We deeply appreciate the support and faith that you have placed in us and wish you success in your future endeavors.
Sincerely,
Guy Corem CEO Spondoolies-tech
So what are you and the other guys (no pun) going to do now? Seems like you had a good team that made some good product. Do you think there's any space in the mining environment for small/medium size businesses?
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Extraordinary Claims require Extraordinary Evidence
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dogie
Legendary
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Activity: 1666
Merit: 1183
dogiecoin.com
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May 09, 2016, 03:07:38 PM |
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Update: It appears a band of employees who weren't being paid had the court grant an interim liquidator. $2.25M in cash is a lot of money to burn though when you're not trading and aren't paying your employers, eh?
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loshia
Legendary
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Activity: 1610
Merit: 1000
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May 09, 2016, 03:29:24 PM |
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It was my pleasure to know you Guy Good luck !!!!!!
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Guy Corem (OP)
Donator
Legendary
Offline
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
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May 09, 2016, 03:48:16 PM |
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It was my pleasure to know you Guy Good luck !!!!!!
same here. Thank you.
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edgar
Legendary
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Activity: 1848
Merit: 1001
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May 09, 2016, 04:21:00 PM |
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in fairness, Guy & Zvi were for the most part, a pleasure to deal with.
but it 'must' be said that there were some absolute cunts working there too!!
unlike KnC where there were nothing but cunts!
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finbad
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May 09, 2016, 05:24:14 PM |
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just seems a shame to end this way
does Israel not have a chapter 11 provision?
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dogie
Legendary
Offline
Activity: 1666
Merit: 1183
dogiecoin.com
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May 09, 2016, 07:43:42 PM |
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just seems a shame to end this way
does Israel not have a chapter 11 provision?
Israeli bankrupcy law is still very close to English law, meaning not really. Restructuring plans (aka "this what I'm going to do to fix the company") are very hard to get accepted.
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Marvell1
Legendary
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Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
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May 09, 2016, 08:12:46 PM |
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Sorry to see ya go Spoondolies!!! But,this is the end result of bad business decisions,IMO So one less miner maker to compete for the network hashrate Now it's up to Avalon,Bitfury,Bitmain,KnC & a few others I may have forgotten,to run the home miners off the network what decisions are you talking about ? you mean the decision to abandon home mining and go the corporate route ? You do understand that with the high build quality of the sp 10x, 3x and 2x there was no way they could compete with the Chinese. I suppose you think they should have made crappy open air miners like Bitmain with load ugly fans rather than the static pressure cooling builds they uses with the high quality aluminium cases ? Not sure what you could have done differently or better...
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AleScamHole
Sr. Member
Offline
Activity: 504
Merit: 250
Don't you looooooove how offensive my name sounds?
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May 09, 2016, 08:46:29 PM |
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spoondoolies could you possibly comment on your relationship with genesis in all this? i mean AFAIK you had 0.16 chips months ago, made the best made machines in the biz, and a partnership exclusively with genesis the "world's largest hashpower provider". i guess i just wonder what happened and if it had anything to do with that partnership, as i could imagine massive over evaluations due to them ;\
i came off a bit harsh earlier, as you guys really did make the highest quality machines probably in the entire scene, im just confused i guess ;( mis-management? hookers and blow? (kidding)
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bitcoinbarron
Member
Offline
Activity: 68
Merit: 10
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May 09, 2016, 08:48:06 PM |
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You do understand that with the high build quality of the sp 10x, 3x and 2x there was no way they could compete with the Chinese.
I suppose you think they should have made crappy open air miners like Bitmain with load ugly fans rather than the static pressure cooling builds they uses with the high
quality aluminium cases ?
Not sure what you could have done differently or better...
I dont agree with that statement as I would buy quality over quantity all day long. Given the choice I would pay, and have paid extra for Spondoolies kit over other rubbish. Such a same to see Spondoolies pack up shop, they really did know how to make quality equipment that shits over bitmain's stuff Anyway I will you guys all the best, and thank you for all your support! Regards A
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Unacceptable
Legendary
Offline
Activity: 2212
Merit: 1001
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May 09, 2016, 09:28:07 PM |
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Uh,you screwed up those quotes..............That isn't a quote of mine You do understand that with the high build quality of the sp 10x, 3x and 2x there was no way they could compete with the Chinese.
I suppose you think they should have made crappy open air miners like Bitmain with load ugly fans rather than the static pressure cooling builds they uses with the high
quality aluminium cases ?
Not sure what you could have done differently or better...
I dont agree with that statement as I would buy quality over quantity all day long. Given the choice I would pay, and have paid extra for Spondoolies kit over other rubbish. Such a same to see Spondoolies pack up shop, they really did know how to make quality equipment that shits over bitmain's stuff Anyway I will you guys all the best, and thank you for all your support! Regards A
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"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole." -Raylan Givens Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan
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RoadStress
Legendary
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Activity: 1904
Merit: 1007
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May 09, 2016, 11:00:22 PM |
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RoadStress wasn't just ScamDoolies attack dog. He also acted as a liability buffer for the group buy of machines that failed to perform as marketing specs advertised.
If Cypherdoc's Bitcoin can be claimed in bankruptcy court as an improper asset transfer, then RoadStress' shill renumeration (especially if paid in BTC) may also be up for clawback by creditors.
I suggest you find out who he is and how much he was paid to help promote/defend this exit scam.
Please don't compare me to the cypherdoc scammer! He endorsed HashFash with no chip developing technical skills and with no tech start-up business skills!
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sidehack
Legendary
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Activity: 3318
Merit: 1848
Curmudgeonly hardware guy
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May 10, 2016, 05:13:15 AM |
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I never liked their design strategy with RockerBox gear. The added complexity headaches of a four-phase 200A buck and cooling a hundred watts from one square inch of chip surface, coupled with an FPGA-implemented comm protocol, really gave their stuff a lot of added cost and reliability concerns. Asking to draw 3KW from a 2U rack unit was crazy, made for some seriously annoying fans and the gear only runs rated speed with arctic intake temperatures. That said, utilizing reliable and efficient server PSUs from the get-go was a solid design choice; they were one of the only makers to allow core voltage adjustment inherent to the design; and they are only one that didn't deliberately hire sadists for customer service reps. I don't know that they ever self-mined and sold used gear from their own farm as new hardware, which is becoming common. If I were in charge of a business like Spondoolies I'd change a few things about engineering concepts, but not one thing about how they handled communication, tech support and customer service. Those guys were alright.
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el_rlee
Legendary
Offline
Activity: 1600
Merit: 1014
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May 10, 2016, 06:41:09 AM |
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What a pity.
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iCEBREAKER
Legendary
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Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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May 10, 2016, 08:15:25 PM |
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RoadStress wasn't just ScamDoolies attack dog. He also acted as a liability buffer for the group buy of machines that failed to perform as marketing specs advertised.
If Cypherdoc's Bitcoin can be claimed in bankruptcy court as an improper asset transfer, then RoadStress' shill renumeration (especially if paid in BTC) may also be up for clawback by creditors.
I suggest you find out who he is and how much he was paid to help promote/defend this exit scam.
Please don't compare me to the cypherdoc scammer! He endorsed HashFash with no chip developing technical skills and with no tech start-up business skills! RoadStress, you endorsed Spondoolies with "no chip developing technical skills and with no tech start-up business skills."
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██████████ ██████████████████ ██████████████████████ ██████████████████████████ ████████████████████████████ ██████████████████████████████ ████████████████████████████████ ████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ████████████████████████████████ ██████████████ ██████████████ ████████████████████████████ ██████████████████████████ ██████████████████████ ██████████████████ ██████████ Monero
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