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Web3 Graveyard
DiscontinuedBitcoin mining hardwareBitcoin2013–2016

Spondoolies-Tech

Cloud mining was offered through Genesis Mining

An Israeli manufacturer of specialized bitcoin mining equipment.

Capital raised (announced)
Reported figures differ

Reported cumulative backing; grants and investment scope may differ.

People

NameRolePeriodNowLast checked
Guy Corem—Not establishedOct 2026

How it ended

NewsBTC reported that Spondoolies-Tech stopped operating after it could no longer pay staff. CEO Guy Corem announced that work had halted.

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Sources

3 sources behind this page.

  1. 1Spondoolies-Tech company profile · Dealroom · user-editable
  2. 2Lack of Dough Forces Spondoolies-Tech to Stop Operations · NewsBTC
  3. 3Spondoolies-Tech company profile and funding · PitchBook · user-editable

Every figure above is clickable and opens the sources behind it. Copies were stored when each source was read, so a citation still resolves after the page it came from is gone.