Spondoolies-Tech to Merge With Bitcoin Shop in Mining Market Shake-Up

By April 29, 2015Bitcoin Business

Bitcoin Shop (BTCS) and Spondoolies-Tech have signed an agreement that would find the publicly traded bitcoin services firm and the Israeli mining hardware manufacturer merging and continuing under a united brand.

The result, according to BTCS CEO Charles Allen, amounts to a "merger of equals", one that he believes positions BTCS to become a mining operation that could compete against established industrial outlets such as BitFury and KnCMiner .

In interview, Allen elaborated on the merger as well […]

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