Bitcoin Black Friday & Cyber Monday: Spondoolies & Bitmain

Bitcoin mining margins have compressed over recent months, making hardware discounts more attractive to operators. As network difficulty approaches a plateau and should drop in coming days, two major

By Ray Crawford·28 November 2014·1 min read

Bitcoin Black Friday & Cyber Monday: Spondoolies & Bitmain

Key Points

Bitcoin mining margins have compressed over recent months, making hardware discounts more attractive to operators.
As network difficulty approaches a plateau and should drop in coming days, two major

Bitcoin mining margins have compressed over recent months, making hardware discounts more attractive to operators. As network difficulty approaches a plateau and should drop in coming days, two major equipment makers are running Black Friday and Cyber Monday promotions.

728×90

Spondoolies Tech cut $100 from its SP20 Jackson miner, dropping the price from $795 to $695 with free shipping. That makes it the cheapest serious option available this weekend. The machine produces 1.7 terahashes per second using eight Spondoolies RockerBox ASICs while consuming about 0.65 watts per gigahash. Spondoolies designed the SP20 for home operators who lack access to industrial power systems. The unit is simple to set up and operate.

The company also sells a 15-unit mini farm for $10,425 with free shipping, a $1,500 discount from full retail. Neither model includes a power supply; you'll have to buy one. The Spondoolies promotion expires December 1 with shipments going out within two business days. Visit spondoolies-tech.com/collections/products for more details.

Bitmain is running an anniversary coupon program offering up to $400 off its Antminer S4, bringing the price from $1,200 down to $800. The company handed out coupons to existing customers. They're for sale on mining forums and free on Reddit's r/bitcoinmining. The coupon expires Sunday.

Both promotions arrive at a moment when difficulty is leveling off and a drop is expected. Mining profitability depends on hardware costs relative to electricity rates and bitcoin's price. For miners shopping for new equipment, these deals provide a window to cut costs before year-end.

MiningPool content is intended for information and educational purposes only and does not constitute financial, investment, or legal advice.

728×90