Heh.
Get the fuck out of here, Guy.
Topic: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs [UNMOD] (Read 12137 times)
July 17, 2016, 11:22:09 PM
August 22, 2016, 06:33:47 AM
Dead man walking, will be out of its misery Sept 19th max.
And Spondoolies final hearing is on 8th September.
August 22, 2016, 06:27:11 AM
August 22, 2016, 06:18:51 AM
Share price 1/100th of what it was in June; not even one person bidding any more. http://www.otcmarkets.com/stock/BTCS/chart
August 19, 2016, 12:56:57 AM
Quote
Item 8.01 Other Events
On July 20, 2016, BTCS Digital Manufacturing (“DM”), a wholly owned subsidiary of BTCS Inc. (the “Company”) suspended its North Carolina transaction verification services facility operations. The recent reduction in the block reward from 25 bitcoins to 12.5 bitcoins, often referred to as the halving, coupled with the facilities cooling system failing, has resulted in DM being unable to meet certain of its financial commitments. The Company is pursuing the following options: i) seeking additional capital to potentially bring DM back online; ii) a possible sale of DM; iii) and permanently winding down DM’s operations. If the Company ceases operations at DM, it may relocate its transaction verification services business to others data centers which may be more appropriate for the Company’s current scale of operations.
On July 20, 2016, BTCS Digital Manufacturing (“DM”), a wholly owned subsidiary of BTCS Inc. (the “Company”) suspended its North Carolina transaction verification services facility operations. The recent reduction in the block reward from 25 bitcoins to 12.5 bitcoins, often referred to as the halving, coupled with the facilities cooling system failing, has resulted in DM being unable to meet certain of its financial commitments. The Company is pursuing the following options: i) seeking additional capital to potentially bring DM back online; ii) a possible sale of DM; iii) and permanently winding down DM’s operations. If the Company ceases operations at DM, it may relocate its transaction verification services business to others data centers which may be more appropriate for the Company’s current scale of operations.
Not many Bitcoin farms get the cooling right.
August 18, 2016, 07:42:47 PM
Quote
Item 8.01 Other Events
On July 20, 2016, BTCS Digital Manufacturing (“DM”), a wholly owned subsidiary of BTCS Inc. (the “Company”) suspended its North Carolina transaction verification services facility operations. The recent reduction in the block reward from 25 bitcoins to 12.5 bitcoins, often referred to as the halving, coupled with the facilities cooling system failing, has resulted in DM being unable to meet certain of its financial commitments. The Company is pursuing the following options: i) seeking additional capital to potentially bring DM back online; ii) a possible sale of DM; iii) and permanently winding down DM’s operations. If the Company ceases operations at DM, it may relocate its transaction verification services business to others data centers which may be more appropriate for the Company’s current scale of operations.
On July 20, 2016, BTCS Digital Manufacturing (“DM”), a wholly owned subsidiary of BTCS Inc. (the “Company”) suspended its North Carolina transaction verification services facility operations. The recent reduction in the block reward from 25 bitcoins to 12.5 bitcoins, often referred to as the halving, coupled with the facilities cooling system failing, has resulted in DM being unable to meet certain of its financial commitments. The Company is pursuing the following options: i) seeking additional capital to potentially bring DM back online; ii) a possible sale of DM; iii) and permanently winding down DM’s operations. If the Company ceases operations at DM, it may relocate its transaction verification services business to others data centers which may be more appropriate for the Company’s current scale of operations.
How the hell is North Carolina a good data center area??
Only a few places in North America offer cheap (2-4 cents per kwh) power..........NC is one of them??
August 18, 2016, 01:22:47 PM
Quote
Item 8.01 Other Events
On July 20, 2016, BTCS Digital Manufacturing (“DM”), a wholly owned subsidiary of BTCS Inc. (the “Company”) suspended its North Carolina transaction verification services facility operations. The recent reduction in the block reward from 25 bitcoins to 12.5 bitcoins, often referred to as the halving, coupled with the facilities cooling system failing, has resulted in DM being unable to meet certain of its financial commitments. The Company is pursuing the following options: i) seeking additional capital to potentially bring DM back online; ii) a possible sale of DM; iii) and permanently winding down DM’s operations. If the Company ceases operations at DM, it may relocate its transaction verification services business to others data centers which may be more appropriate for the Company’s current scale of operations.
On July 20, 2016, BTCS Digital Manufacturing (“DM”), a wholly owned subsidiary of BTCS Inc. (the “Company”) suspended its North Carolina transaction verification services facility operations. The recent reduction in the block reward from 25 bitcoins to 12.5 bitcoins, often referred to as the halving, coupled with the facilities cooling system failing, has resulted in DM being unable to meet certain of its financial commitments. The Company is pursuing the following options: i) seeking additional capital to potentially bring DM back online; ii) a possible sale of DM; iii) and permanently winding down DM’s operations. If the Company ceases operations at DM, it may relocate its transaction verification services business to others data centers which may be more appropriate for the Company’s current scale of operations.
July 20, 2016, 04:47:40 PM
I hope you all settle your dispute in a peaceful manner without turning it into a dog fight (although law suits have a tendency to turn to dog fights).
They were forced into bankruptcy for not paying their employees, but *they* still get paid. As I said, all Spondoolies managed to do was join the ranks of BFL and the likes. Owners cash out and the expense of everyone else.
That's the new (last 20 years or so) corporate motto,"We got ours
,screw you little peons .!.. " 
July 20, 2016, 09:24:54 AM
I hope you all settle your dispute in a peaceful manner without turning it into a dog fight (although law suits have a tendency to turn to dog fights).
They were forced into bankruptcy for not paying their employees, but *they* still get paid. As I said, all Spondoolies managed to do was join the ranks of BFL and the likes. Owners cash out and the expense of everyone else.
July 20, 2016, 08:49:48 AM
I hope you all settle your dispute in a peaceful manner without turning it into a dog fight (although law suits have a tendency to turn to dog fights).
July 17, 2016, 11:19:11 PM
Its a shame we still have to use this thread but *someone* is still in control of a company asset...
BFL was the inspiration for KNC going full chaotic evil.
I mean at this point it doesn't really matter who was worse because every single corrupt / scamming / unethical corporation got away with everything. KNCMiner got paid, BFL got paid, even Spondoolies got paid.
BFL was worse than KNC
BFL was the inspiration for KNC going full chaotic evil.
I mean at this point it doesn't really matter who was worse because every single corrupt / scamming / unethical corporation got away with everything. KNCMiner got paid, BFL got paid, even Spondoolies got paid.
June 18, 2016, 09:31:14 PM
I just bought an sp20 today will I be able to mine on it if the website is taken down cause from I read u use that to change miner settings
Yes you will, the miner is not dependent on the website
June 18, 2016, 04:09:34 PM
Samson Mow is the funniest troll in Crypto:
https://mobile.twitter.com/excellion/status/744183331189751808
https://mobile.twitter.com/excellion/status/744183331189751808
If you no longer work at Spondoolies-Tech and all corporate assets are being sold, why are you still in control of the corporate bitcointalk account for which you used $1000s of company assets to gain donator tag on?
*Incorrect stuff*
See https://bitcointalk.org/donate.html. Guy used company funds to get the title on the corporate account (while apparently insolvent), currently valued at $7,500. I'm asking why this hasn't been turned over to the liquidator.
June 18, 2016, 03:46:36 PM
I just bought an sp20 today will I be able to mine on it if the website is taken down cause from I read u use that to change miner settings
June 18, 2016, 02:46:33 PM
Samson Mow is the funniest troll in Crypto:
https://mobile.twitter.com/excellion/status/744183331189751808
https://mobile.twitter.com/excellion/status/744183331189751808
If you no longer work at Spondoolies-Tech and all corporate assets are being sold, why are you still in control of the corporate bitcointalk account for which you used $1000s of company assets to gain donator tag on?
Your posts will become a monologue.
Frequently asked questions (FAQ)
Q: 50/10 BTC for VIP/donator? Are you all crazy?
A: No, we aren't. Someone who is a donator or a VIP is usually an early adopter and having such a rank means you were either from the start or you contributed a lot in the Bitcoin community. Although, there is a possibility new cheaper ranks will be added.
https://bitcointalksearch.org/topic/unofficial-list-of-official-bitcointalkorg-rules-guidelines-faq-703657
See also.
Guidelines for threads
Mining - Discussion about Bitcoin mining in general (discussions that don't fit in it's child boards).
Hardware (child board of Mining) - Discussion about Bitcoin mining hardware, new hardware announcements. No trades
June 18, 2016, 12:49:18 PM
Samson Mow is the funniest troll in Crypto:
https://mobile.twitter.com/excellion/status/744183331189751808
https://mobile.twitter.com/excellion/status/744183331189751808
If you no longer work at Spondoolies-Tech and all corporate assets are being sold, why are you still in control of the corporate bitcointalk account for which you used $1000s of company assets to gain donator tag on?
June 17, 2016, 12:55:19 PM
Interesting press release out of BTCS:
Quote
ARLINGTON, VA--(Marketwired - May 25, 2016) - BTCS Inc. (OTCQB: BTCS) ("BTCS" or the "Company"), a blockchain technology focused company which secures the blockchain through its transaction verification services business, increased its Ethereum-mining hosting business to approximately 150 kilowatts ("kw"), up from approximately 50kw announced in March 2016.
"We have gained valuable expertise since launching our Ethereum pilot program in March," stated Charles Allen, CEO of BTCS. "Ethereum has rocketed to nearly 20% of the market cap of Bitcoin in less than two years, led by rapid adoption and growing support from major players in tech and finance including Gemini and Coinbase (which just rebranded to GDAX). We believe our experience, in connection with additional capital, should allow us to further expand our Ethereum mining and hosting businesses, to diversify our exposure to bitcoin, and to use more of our available power capacity."
"We have gained valuable expertise since launching our Ethereum pilot program in March," stated Charles Allen, CEO of BTCS. "Ethereum has rocketed to nearly 20% of the market cap of Bitcoin in less than two years, led by rapid adoption and growing support from major players in tech and finance including Gemini and Coinbase (which just rebranded to GDAX). We believe our experience, in connection with additional capital, should allow us to further expand our Ethereum mining and hosting businesses, to diversify our exposure to bitcoin, and to use more of our available power capacity."
There goes the neighborhood ...
I just noticed that BTCS is trading for $.022/share. I personally don't think Etherum will save them.
Yeah they're pretty much done for, the entirity of their stock's bids total about $3,000. There are two new FCC issues that I haven't posted as I didn't really understand what they were (and don't really care enough to read it).
June 17, 2016, 12:22:44 PM
Interesting press release out of BTCS:
Quote
ARLINGTON, VA--(Marketwired - May 25, 2016) - BTCS Inc. (OTCQB: BTCS) ("BTCS" or the "Company"), a blockchain technology focused company which secures the blockchain through its transaction verification services business, increased its Ethereum-mining hosting business to approximately 150 kilowatts ("kw"), up from approximately 50kw announced in March 2016.
"We have gained valuable expertise since launching our Ethereum pilot program in March," stated Charles Allen, CEO of BTCS. "Ethereum has rocketed to nearly 20% of the market cap of Bitcoin in less than two years, led by rapid adoption and growing support from major players in tech and finance including Gemini and Coinbase (which just rebranded to GDAX). We believe our experience, in connection with additional capital, should allow us to further expand our Ethereum mining and hosting businesses, to diversify our exposure to bitcoin, and to use more of our available power capacity."
"We have gained valuable expertise since launching our Ethereum pilot program in March," stated Charles Allen, CEO of BTCS. "Ethereum has rocketed to nearly 20% of the market cap of Bitcoin in less than two years, led by rapid adoption and growing support from major players in tech and finance including Gemini and Coinbase (which just rebranded to GDAX). We believe our experience, in connection with additional capital, should allow us to further expand our Ethereum mining and hosting businesses, to diversify our exposure to bitcoin, and to use more of our available power capacity."
There goes the neighborhood ...
I just noticed that BTCS is trading for $.022/share. I personally don't think Etherum will save them.
June 03, 2016, 12:10:31 PM
myminer.io service will be down soon.
I've offered to host this service.
May 30, 2016, 06:25:47 PM
Interesting press release out of BTCS:
Quote
ARLINGTON, VA--(Marketwired - May 25, 2016) - BTCS Inc. (OTCQB: BTCS) ("BTCS" or the "Company"), a blockchain technology focused company which secures the blockchain through its transaction verification services business, increased its Ethereum-mining hosting business to approximately 150 kilowatts ("kw"), up from approximately 50kw announced in March 2016.
"We have gained valuable expertise since launching our Ethereum pilot program in March," stated Charles Allen, CEO of BTCS. "Ethereum has rocketed to nearly 20% of the market cap of Bitcoin in less than two years, led by rapid adoption and growing support from major players in tech and finance including Gemini and Coinbase (which just rebranded to GDAX). We believe our experience, in connection with additional capital, should allow us to further expand our Ethereum mining and hosting businesses, to diversify our exposure to bitcoin, and to use more of our available power capacity."
"We have gained valuable expertise since launching our Ethereum pilot program in March," stated Charles Allen, CEO of BTCS. "Ethereum has rocketed to nearly 20% of the market cap of Bitcoin in less than two years, led by rapid adoption and growing support from major players in tech and finance including Gemini and Coinbase (which just rebranded to GDAX). We believe our experience, in connection with additional capital, should allow us to further expand our Ethereum mining and hosting businesses, to diversify our exposure to bitcoin, and to use more of our available power capacity."
There goes the neighborhood ...