#spondoolies

DigitalBTC Inks Deal With Spondoolies-Tech to Expand Mining Operation

23 January 2015 | Nermin Hajdarbegovic | nasdaq.com

Australian bitcoin company digitalBTC is expanding its mining capacity and entering a new contract with data centre provider Verne Global.

The company said it is acquiring new bitcoin mining hardware from manufacturer Spondoolies-Tech, although the exact details were not revealed.

DigitalBTC did say, however, that the new hardware will expand its processing capacity by approximately 40% for a “small outlay” of about $700,000. When it launched in early 2014, digitalBTC relied on BitFury mining hardware.