I find that the only reasonable competition to SP30 would be ANTMINER S3 -B5 and it is shipped on 7th August.
What about this beast? This is exactly what a 3KW miner should look like. Spondoolies should take notes. You should take note that Bitfury uses customer funds to build mega farms and screw their customers ROI. |
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Neptune = 3.4/3.5TH and 2K at the wall per Tolip_wen
SP30 (Not looking at a late October batch) = ~4.5TH and 3k at the wall.
2x Neptune = 7TH and 4k at the wall
2x SP30 = ~9TH and 6k at the wall.
Realistically for equal power to the wall you can run 10.5TH/s with Neptunes.
Right now the availability on both are close to the same (or you can buy someone elses pre-order).
Why not add the prices too? Neptune was sold for over 3$/Gh while the SP30 was sold for less than 1$/Gh. The B3 Neptune is still selling for 1.7$/Gh so I wouldn't call the availability close to the same. With the money spent on a B1 Neptune I could buy 2.5 SP30s for a whooping 11.25Th/s. Ok even if I can't split the SP30 in 2 I would still get 9Th/s and still have some money left in my pocket than getting a 3.5Th/s burning monster. |
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Am I the only one who interpret FC's words as "finally we failed in selling most of our chips, and now we have to change our plan to self mine and sell our own mining machine." Do you know how much value has been wasted compared with self mining or selling machines in the first place?
I was thinking the same thing, but if I said it out loud the fanboys would start to complain that I'm a SP-Tech shill. Not self-mining from the start and doing it right now = lost money. |
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You should read again their last financial statement.
Last I checked they had 60PH which was completely paid for. That's only the chips, but AM needs money for the rest of the components in order to start hashing. Also having cheap electricity available and high power capacity doesn't mean anything. It still takes some money to build a functional DC (need wiring, cabinets, cooling etc). jimmothy how much $/GH do you think AM needs to start hashing considering they only have the chips right now? |
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Sure bitfury has good tech but according to you it's "outdated" and failed 3 separate generations. What's wrong with the statement. They can and do co-exist. Being good has nothing to do with the fact that the technology is outdated. Pretending to know what is going on behind the scenes is bad. You are giving your customers nothing more than a false sense of security.
You make it sound like bitfury is the only company deploying hardware in mass. Are you forgetting AM, Cointerra, 21e6, peernova, bitmain, avalon, knc, and a few other megamines which all have yet to be deployed?
With ALL of those companies "deploying" hardware we only had an average of 5.5% increase in July. They either didn't deploy anything or they are just too weak to matter. (I am excluding bitmain because they DO matter) |
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Did something extraordinary happen to counteract all the bad news from spondoolies?
Shipping started! |
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Dear Thomas, After a successful burn-in test, we are happy to announce that your unit was shipped and is now on its way to you. The unit was shipped with DHL. Please see attached shipping documents. A lot of work was put into designing, building, and shipping that unit. We believe you will enjoy it very much. If you have any questions feel free to contact us at info@spondoolies-tech.com. Best Regards, Katya Penkar Thank you spondoolies-tech. I know I will be happy after we have discussed compensation. Same here. Got my delivery e-mail now! raskul was right. Today was a good day and I'm happy  |
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This season of All My Bitcoins is turning out to be the most exciting one yet!
Welcome back tard! |
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Replying here since this is a dedicated thread. We are talking about Asicminer though it doesn't seem far out of their capacity to have that much money lying around for investment and they have the facilities and everything set up from their Gen 1.
Might take some time to convert the chips on hands to miners though but its direct to farm so that's a plus.
They did have quite the haul from 2013 mining and we do have their financial documents from a few months ago so its a plausible deceleration.
Worse bets could be taken
I'm not sure where you get the 30 million figure from though since Gen 1 was made with much less if I recall correctly.
Anyways worth keeping a watch on this for now.
You should read again their last financial statement. They don't have that much money lying around and neither the facilities. Also it doesn't make any sense to do it right now when they could've started 3 months ago. They could mine with at least 20% of their chips and wait for their 80% to get sold. After 2 months of low sales they could bump the mine to 40% of the chips and still have 60% for sale. Doing it right now seems like a desperate attempt to salvage something out of them. |
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It is interesting to see if hosting price (in WA data center) is affected for RoadStress August group-buy.
I'm asking because previous price quote for the group buy hosting cover only 2.5kW and/or 2.7kW ... now we are talking about 3K. It is not a big jump in power but it would be good to know the updated price quote.
(I'll not send them an email with this question because I'm sure they are already bombarded with email from everyone)
Will cover that too in my GB questions and will post an update there. You are going nowhere with this and you know it. Pushing things like this is simply useless and actually is showing your true character.
Like what, consumer rights? I took no money for the products, only reservation fees so I'm not legally obligated to deal with any refund request.
If that's the case, then yeah it's not your responsibility, it's Spondoolies. I say that you stop with whatever you are trying to do. It's obvious that you are trying to bash me or SP-Tech with whatever you can. The fact that you don't even know how things went with my GB shows exactly this. At least with jimmothy I could reason, but you are giving me nothing and you are owning yourself. |
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Well you just proved my point by advertising AM gen4 chips  No, that was an example of the what you have been doing. Regardless of you being a liar and a shill, you are the one who took money in exchange for a product that is significantly different than advertised and you are the one who is legally obligated to deal with any requested refunds. So, if someone asks you for a full refund, will you provide it as legally required? Look at Ken Slaughter, is that your future? Will you do a runner like Labcoin? Shall we start calling you BFLRoadStress now? Good luck trying to sell anything else. You are going nowhere with this and you know it. Pushing things like this is simply useless and actually is showing your true character. I took no money for the products, only reservation fees so I'm not legally obligated to deal with any refund request. As for scammer Ken Slaughter I smelled him right from the start. Same as Labcoin. Your comparision to those 2 failed ventures only makes me laugh and shows how desperate are you for some bad examples. Feel free to call me as you wish, but it won't bring you faster dividends |
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The BTC24-GH is a 24 GH/s device, or GigaHashes per second. This puts them in about the middle of the pack as compared to some other ASIC manufacturers with regards to their hashing power and their price.
Over 5W/Gh. Useless product is useless. Too little too late. |
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I don't see you jumping to buy my miner off me when you say IM CRAZY to ask for a refund.
No, you're certainly not crazy and I'm pretty sure that they're legally obligated to give a full refund to anyone who requests one. When did jimmothy passed the AM shill torch to you? How is telling someone they have the right to a full refund shilling for AM? Have I said anything about how much of a failure these chips are and how AM's 28nm chip is going to blow them out of the water and all kinds of other nonsense like you have been doing in the AM thread? Do I have a link to AM1 in my signature? No, I haven't been doing any of that. I just corrected you on the lies you were telling and made a statement about consumer rights. If someone asks you for a full refund, you are legally obligated to give them one. It's as simple as that. Well you just proved my point by advertising AM gen4 chips Please correct me more on my lies just like jimmothy does. .....
I can get 28 S3s into a single server cabinet for ~12.3TH (440 GH/s @ 350W each).
.....
Have fun cleaning up this mess, Roadstress!
Please post a picture with the 28 S3s into a single server cabinet on the dedicated thread with pictures of mining rigs. Thank you. Will try to have fun while doing it. |
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I don't give a rats A$$ about Jimmothy or AM.
I'm just sick and tired of being burned and in the end I LOSE OUT.
Yes, this has finally set me off and when I get burned Ill make it known QUICKLY.
This dabocle was my final straw after promises and guarantees were made for MONTHS.
You made me a guarantee before I paid in the group buy.
Bottom line, they came up short, and your promise was obviously worth a handful of magic
beans or you would have immediately offered to take the miner off my hands and back up
your promise.
You say I'm crazy to want a refund but you want nothing to do with the miner either.
I think I rest my case on that fact alone.
BitcoinPappi has offered to take the order and Im good with that.
Ill take the $$ back at from him if they will transfer him the order.
Ok. Just chill until I get some clarifications. If I have any money available right now I would have bought your miner, but I don't. Got myself some SP30 right before the announcement. |
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Whoops
OK. Delivery for August correct ? If so can you arrange to have it transferred to me ? I will only buy it back for cash value you paid in the group buy. Provided I will receive the customer compensation lets get the ball rolling here.
Yes, I was in the Aug group buy. If you can contact the SP-Tech sales dept and they agree to transfer the order to you Ill take my money back. PM me and Ill give you the order number. If Im paid in BTC it will have to be via CoinBase invoice at the rate of time of payment. The price is dropping like a rock so I wont agree on a BTC amount now.
@BitcoinPappi & ALL GB members I am sure that SP-Tech is flooded with e-mails right now. Please state your requests here or PM me and I will discuss the issue with SP-Tech for an easier organization. If I don't manage to get a "good" answer for you then you can negociate directly with them. I find it easier for me to send an e-mail with 4-5 questions than for them to receive 5 separate e-mails. Also I'm open to any suggestion that you might have. |
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I don't see you jumping to buy my miner off me when you say IM CRAZY to ask for a refund.
No, you're certainly not crazy and I'm pretty sure that they're legally obligated to give a full refund to anyone who requests one. When did jimmothy passed the AM shill torch to you? Arrange it please. I will buy back provided i get the full customer compensation.
I will liaise the details with SP-Tech and will update my GB when I have all the definitive answers, but I'm pretty sure that if they will allow order transfers then you will get full compensation just like everyone else. |
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OK I held my tongue here long enough.
Ive been at the front of the line promoting here and giving my praise for this company
but I just cant take it, this pre-order is the final straw for me when it comes to BTC.
Ive been quiet and said they will come through but this is a FAIL in my book.
No, they were adamant about these miners will reach 6.5 TH/s.
Look at your Group Buy.
[CLOSED] Spondoolies-Tech SP30 pre-order - Specs: 0.69$/GH + 0.46W/GH
To get that cost, the miner HAS to be at least 6.5TH/s, $4500 / 6500 = 0.69
SO, they say now its 4.5TH/s +/-
That means to me it could be a 4TH/s miner when I get it.
That is 2.5TH/s SHORT of what they promised over and over and Im not out of line
on those numbers when 10% possible minus on an already slow miner is a BIG MINUS.
You really like to argue and you seem to get irritated very fast and very much. You joined my GB on 18 April when the specs were 5.4Th/s. You have decided that paying $4,500 for 5.4Th/s was a good deal at that time. The added hashpower came after you made your decision to buy a 5.4Th/s miner. SP-Tech came short 0.9Th/s for what you paid. SP-Tech didn't ask for any additional money when they increased their hashpower expectation, yet you demand a full refund for a 2.5Th/s shortage. This is simply wrong and bad intended. Letting this argue aside it seems that there are people that would like to buy your order so there shouldn't be any problem for you except that you want a full BTC refund (this is not HashFail btw). |
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Still better than an over 300% miss for AM gen3 chips.
Why do you always tell a complete pack of lies about AM? I was quoting the full system power draw, but you are right. It's not a 300% miss, it's just a 100% miss (or it's 200%?) |
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