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1601  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: June 10, 2014, 07:17:24 AM
why don't join GB to my A1 1ths miner?more stable, cheaper.

Price?
1602  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - Best W/GH/s ratio, Best $/GH/s ratio on: June 10, 2014, 07:15:48 AM
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We don't have $27M.

Doesn't explain why you need 3 batches of preorders.

Would 1 batch of preorders not be enough to fund the next 2 batches?

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The execution risk is virtually non existent.
The two other risks - BTC price and hash-rate are not under our control.

Virtually nonexistent seems a bit optimistic.  Regardless the other two risks are unnecessary and you could choose to avoid them by selling in stock.
1603  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - Best W/GH/s ratio, Best $/GH/s ratio on: June 10, 2014, 06:42:54 AM
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I don't have stock hardware. All the stock hardware was bought.

I mean why not sell sp30 in stock or even BTO?

Why put the additional unnecessary risks involved with preordering on your customers?
1604  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - Best W/GH/s ratio, Best $/GH/s ratio on: June 10, 2014, 06:28:46 AM
Like whom, you mean?

Could be bitfury, asicminer, avalon, bitmain, innosilicon, knc, blackarrow or maybe a company that has yet to reveal itself.

Hello my friend, I've missed you. Is is too boring at one of AM threads ?

None of those companies can match the price point of SP30 with current gen and Q3 planned hardware.
Not to mention the W/GH/s advantage.

What exactly is all the Q3 planned hardware?

You don't happen to have the specs/prices of all the next gen asics do you?

If you are so confident that you will have the best $/GH/W ratio than why not offer in stock hardware?
1605  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - Best W/GH/s ratio, Best $/GH/s ratio on: June 10, 2014, 06:09:31 AM
Like whom, you mean?

Could be bitfury, asicminer, avalon, bitmain, innosilicon, knc, blackarrow or maybe a company that has yet to reveal itself.
1606  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - Best W/GH/s ratio, Best $/GH/s ratio on: June 10, 2014, 05:58:08 AM
somehow, I doubt you will get anything from Spondoolies in September if you decide to wait til September.

That's probably true.

But what's also probably true is that there will be much cheaper in-stock hardware by september.
1607  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: June 10, 2014, 05:25:53 AM
Everyone should get screen shots of competitor hardware prices when the units actually ship. This will come in handy when they discuss compensation in a few months.

Good idea.
Unit is still running a solid 125gh at the pool 12 hours later. Will report back in the morning, Would you guys like a video? The thing is WHISPER quiet, even OCed.

A video would be nice.

Just curious, how does the air flow through the bottom of the case if it is sitting flat? Does it have legs or something?
1608  Bitcoin / Mining speculation / Re: Buy antminer S2 or not? on: June 10, 2014, 05:14:55 AM
Whatever you do, don't listen to Jimmothy.

The Rockminer Rxbox is the miner he's referring to is a minimum quantity of 4, so you'd be required to buy 4 Rxbox's.  Not only the minimum quantity, but it's power usage would equal 3000 Watts total for the 4 units, so you'd need to also buy power supplies(not included with the miners) that can power 4 inefficient miners.

No that is the minimum when ordering directly from rockminer. Resellers will have single units for sale. 1.2w/gh is not the most efficient but it is definitely viable for people with cheap electricity (less than $0.15/kwh I would guess)


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Jimmothy is only endorsing Rockminer, because he's invested in Asicminer in a dividend I'm guessing he didn't get paid yet.

This is simply not true. Sure I have a bias in favor of any company using AM chips but that is not the ONLY reason I endorse rockminer. They have delivered HW as advertised with no major complaints if any at all.

I endorse any company offering reasonably priced hardware. For a while I endorsed bitmain until they stopped lowering the price.


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It's a bad buy overall.  Stick to the S2, as you'll be able to upgrade to 2 TH/s soon(by late August/early September) with an inexpensive upgrade kit.

Are you just trolling at this point? S2 is equally efficient yet twice as expensive.

If the Rxbox is decent and performs as advertised, I may pick up one, as I don't wave pom poms for anyone.  Whatever ships and at a decent price at a decent power efficiency, should be what all of us miners should go for.

Since Rxbox is due out end of this month, we'll see if they can live up to snuff.

Why so flip floppy?
1609  Bitcoin / Mining speculation / Re: Buy antminer S2 or not? on: June 10, 2014, 02:57:46 AM
Rockminers new rxbox is ~$1100/th.

And have last year power efficiency, not like the miners in my sig which will have less than 0.5W/GH Smiley

But you get a 3 month head start along with a guaranteed ROI within 2 months..

And its not a nonrefundable preorder..
1610  Bitcoin / Mining speculation / Re: Buy antminer S2 or not? on: June 10, 2014, 02:42:16 AM
They are way overpriced. The a1 clones are going for ~$1500/th.

Rockminers new rxbox is ~$1100/th.
1611  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: June 10, 2014, 02:34:35 AM
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I don't want wast time to argue with you...I just do my job.. try my best to get my money back and also help everyone here who wants their refund...

Just curious, why did you preorder from a company in china which said no refunds?
1612  Bitcoin / Mining speculation / Re: Considering to start solo mining, thoughts? on: June 09, 2014, 11:32:20 PM
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How? I haven't seen a single Neptune running until now. Where is the proof?

His estimations for the time it takes tsmc 20nm to go from tapeout to packaged chips were way off.

How can we be sure their magic crystal ball is working correctly?
1613  Bitcoin / Mining speculation / Re: Considering to start solo mining, thoughts? on: June 09, 2014, 11:20:12 PM
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Don't change the subject. You were saying that SP-Tech makes a profit of 2$/GH and I have proved you that's purely fantasy. They can't make a profit of 2$/GH if they sold out the June batch for less than 2$/GH. Let me repeat that.

I never said they ARE profiting $2/gh.

I said they HAVE profited around $2/gh average.

Do you really think they lack the funds to produce a batch of sp30?

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Sold out. It's something AM distributors won't see very soon.

Funny you say that because AM sold more PH worth of chips in one month than spongebobtech did in 3.


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Again don't compare different companies.

Comparing different companies is all we can do. Heres my favorite quote:

TO - beginning of March.

Tapeout to samples:

40nm, 28nm - 8 weeks
20nm - 4-5 months

Prove me wrong.

Looks like knc just proved him wrong.
1614  Bitcoin / Mining speculation / Re: Considering to start solo mining, thoughts? on: June 09, 2014, 10:41:29 PM
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They never sold SP10 for $5,500. You are way of again. Even if they did they sold just a few. Most of them were sold under $4k. Their whole June batch was sold for $2,695.

Even at an average of $4k per sp10 that would be $2.8/gh.

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You assumption of 0.6$/GH is way off like every other assumption made here.

I'm only assuming they match the production costs of hashratio.

What do you think it costs them to produce 1 sp10?

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They know their project better than anyone else. They control it.

Just like knc is in control of their neptune project right?
1615  Bitcoin / Mining speculation / Re: Considering to start solo mining, thoughts? on: June 09, 2014, 10:27:38 PM
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2$/GH profit? So that means that an SP10 that has 1450GH makes them $2900 profit? But it was sold for less than that. How can they have such a profit if they sold it for less than $2900? Your calculations are way way off.

Did they not sell some sp10 for ~$5,500?

I'm guessing it cost them ~$0.6/gh to produce.

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Don't judge by the past failed companies ran by crooks (BFL) or just bad intended people (TerraHash, HashFail etc) with SP-Tech who is ran by top 2 Israeli VC companies. It's a totally different story.

Regardless of who runs the company, they don't have an accurate enough magic crystal ball to justify putting investor level risks on customers.
1616  Bitcoin / Mining speculation / Re: Considering to start solo mining, thoughts? on: June 09, 2014, 10:07:05 PM
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SP30 will be 2400 Watts for 6 TH/s!!!!

That's simply not true.

One month and a half and it will be true!

No it won't.  They advertise 2500w for 6th/s plus or minus 10% (my guess is minus). They are extremely optimistic with their estimations assuming that they will have 0.43w/gh while overclocked. That is more than 40% less than the sp10 underclocked. A die shrink should only expect 30% improvement in efficiency.

What was your guess about AM gen3 chip performance? I am sure it wasn't 1.1W/GH like it came out. You also guessed that you will receive dividends in May and you failed again. Your guesses seems to be a bit off.

It doesn't matter what my or anyones guess is. We are in the era of in stock hardware where you don't need to guess or buy a high tech magic crystal ball to not get ripped off.

Also none of those guesses were mine. They were estimations made by FC which were subject to change. They never sold preorders so not hitting specs/dates is not a problem because as investors we agree to take those risks. It is simply bullshit to put all the risks of the investors on the "customers" and give them none of the reward that the actual investors get.

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This is the worst explanation I've heard. They have more than enough money to buy all the components for all 3 batches if they wanted to.

They chose to go with preorders because they know that they cannot sell their hardware for ~$1/gh in 3 months and by doing so they put tons of unnecessary additional risks on their customers.

Nobody knows their financing books so please don't speak without proof. This is just a reason. I am sure that there are more which favor the customers.

Well they did sell ~5PH worth of hardware (at 40 sp10/day) and I'm guessing they made a profit of ~$2/gh average so they should have plenty of money.

How exactly do preorders benefit the customers at all?


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I'd also suggest never believing anyone trying to sell you something as an affiliate.

Why is that? 1% of the total hashrate sold through my affiliate link will go to charities and bitcoin software developers.

And be honest. I am not the only one with an affiliation. You are affiliated with HashRatio too. Not directly, but indirectly by being an AM shareholder. So at least I let OP know that my sig is an affiliate link while you pretend to not have any affiliation whatsoever.

Difference is you earn a hefty % of each sale where as I earn next to nothing per sale. I have nothing to gain by convincing individual people to buy rxboxes. The petahash mines are what will affect my dividends and naturally those whales will gravitate towards the best deals regardless of what I have to say.
1617  Bitcoin / Mining speculation / Re: Considering to start solo mining, thoughts? on: June 09, 2014, 09:30:36 PM
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SP30 will be 2400 Watts for 6 TH/s!!!!

That's simply not true.

One month and a half and it will be true!

No it won't.  They advertise 2500w for 6th/s plus or minus 10% (my guess is minus). They are extremely optimistic with their estimations assuming that they will have 0.43w/gh while overclocked. That is more than 40% less than the sp10 underclocked. A die shrink should only expect 30% improvement in efficiency.

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Why would they not offer in stock sp30s as soon as they get them?

Because having a a couple hundred/thousand units in stock needs a lot of components ordered first and a lot of preparing.

This is the worst explanation I've heard. They have more than enough money to buy all the components for all 3 batches if they wanted to.

They chose to go with preorders because they know that they cannot sell their hardware for ~$1/gh in 3 months and by doing so they put tons of unnecessary additional risks on their customers.

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I suggest you to get lots of SP30 miner. It has the best $/GH and the lowest W/GH. Check my sig (affiliate link + donations if you buy through it).

I'd also suggest never believing anyone trying to sell you something as an affiliate.
1618  Bitcoin / Mining speculation / Re: Considering to start solo mining, thoughts? on: June 09, 2014, 08:01:40 PM
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Not sure why you're so averse to S-T.  They're an actually good, legitimate ASIC manufacturing company that ships in this shady, scammy industry!  If anything, they should be praised.

KNC was a great company until they fudged up the neptunes. As far as I know knc had the most successful preorder run to date.

Point is preorders are finished and it seems spondoolies is trying to make it a thing again.

Why would they not offer in stock sp30s as soon as they get them?

I think they know that when september comes the going rate will be much less than what they are charging now.

Side note: no refunds on spondoolies preorders.
1619  Bitcoin / Mining speculation / Re: Considering to start solo mining, thoughts? on: June 09, 2014, 07:39:44 PM
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God, when are you wrong?

Never.

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What did I miss?
Code:
Nominal Power Consumption

2500 W*


*this is a preorder and dates/specs are guaranteed to be BS.

Lol for a company that shipped a ton of SP10s all over the globe.

How many Rxbox's have shipped yet?

Just like spongebobtech, rockminer has shipped their first product "all over teh globe". And they sold in stock not BTO. (Immediate shipping vs 2-4 weeks)

Rxboxes begin shipping on the 25th if everything goes right. And unlike spongebobtech they actually have working/tested hardware.
1620  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: June 09, 2014, 07:31:44 PM


phew

Awesome. How much watts is this thing pulling from the wall?
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