Speaking as someone who has their products in hand, no they dont. They get effective about 1.1-1.2w/gh.
Rockminer is not a great example, they run their core VDD at 0.72v whereas the BE200 can go as low a 0.55v. What's the W/GH ratio for end system at 0.55v? |
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I got the Chapter 11 claim yesterday.
As I got my units, vaguely on time as compared to their contract, I don't plan to complain at the current time. But I hope all of you guys can recoup something.
I so told you so... |
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They made it pretty clear early on that they were going to be building a cloud hashing facility, and that Neptune would probably be their last consumer-grade mining product. Despite the constant bitching in this thread there is exactly zero data to show that they violated their miner protection guarantee during the period in which it was supposed to be relevant. Avenger hammers on endlessly about pseudo-facts like this and then just in the past day has rather hilariously ignored that the pie chart showed KNC with 5% of network hash power prior to the spike as Neptunes were being powered on and shipped. That was actually what prompted me to post. I am sorry but you are wrong here. They stated last summer that they will not self mine with more than 5% of what hashpower they sell. But let's ignore this fact, yes they have 5% NOW, but they are mining since March-April and they had a lot more than 5% back then. It's a very big difference from what you are saying. The people who have complained about refunds seem to either be ephemeral trolls or to simply be unable to figure out how to provide the correct information for an international wire transfer. As this is a situation that could be resolved with a phone call or a short trip to their bank I don't see how this is a trust issue for KNC. Let me tell you about some real facts. A real life friend of mine asked for a refund in May via wire transfer. KnC delayed him up to the point of shipping and he woke up with the Neptune at the door while they were able to issue bitcoin refunds. If you don't find this to be very bad practice towards their customers then you are too blinded by them. Arguably with 3.3Th/s of performance they have exceeded their threshhold by 10%, and power consumption seems to have come in below the level they stated, so while it's more a motto than anything else, they did in fact over-deliver. Yes personally I give them credit for that, but not for stating that the Neptune will be in a box like the Jupiter and then shipping it in 5 separate boxes. Engineering fail there. |
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They delayed the launch.
yes as they are mining at the lower diff rate. this is an edge that only huge asic builders can do. If this diff jump is from S3s and Neptune already mining then it's not so bad. I'm satisfied for now. |
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I think he is referring to the deal between DataTank and AM which was just reached 2 days ago? That is not Selling so much as a barter or trade, if I understand the deal correctly.
What would be AM's benefit from this barter? I mostly agree with this. There is a huge chance that bitmain/spondoolies/other chips end up in the datatanks.
Although AM does have a closer relationship with DT than you make it sound. Even if they don't primarily use AM chips I expect a few PH will still be used/franchised.
Also 50% better seems a bit of an exaggeration for next gen considering they tested AM HW at 0.6w/gh at the wall.
SP30 chips will be 0.35W/GH at chip level so ~0.4W/GH at wall. You can fit 50% more hashrate for the same power draw. It's not an exaggeration. |
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Is it August yet? I lay hands on the SP30 today at the SPTECH booth it was packed with looky loos and I got to feel the heft of the psu's. Seems there is plenty of interest from partipants for SP30s and beyond. Panel tomorrow will be a fun one. There is a lot of mutual respect among the panelists and I dare say there is also some sense that there are many benefits to more collaboration across the mining community particularly East West.
have fun mate, wish I was there to hear it all. After I report back to my mates about all the meetings I've had I will certainly write something up regarding the opportunities available. Plenty of exciting aspects mining wise but also, pool, exchanges, cloud mining and even derivative trading. But after spending a few minutes at SPTech booth if you are a 1st time customer all the hype is true. These guys are building some of the best equipment by far... their chips are way out front as well only whatever Bitfury has in the pipeline can compete with what is coming out after the SP30. I think mining come 2015 will be a fun time for all. What about the guy at home? See any options for him as in old school mining or is that all changing to Internet based contracts? Who says mining should be made by everyone? Like every other domain bitcoin mining has its players and people interested into this. It's like saying that laboratory stuff should be handled by the average Joe. |
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Equipment is operating at 12V, which is below 50V....
This directive does not apply.
That must be why they don't provide power supplies, to avoid being within the AC rating. Do 12V PSUs with that kind of power connector that's on the Neptune PCBs exist? If they don't then it's obvious that you are using more than 50V for that equipment. This is irrelevant. The produced unit isnīt above 50V, hence this directive does not apply. Got it! |
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Perhaps discussions regarding Sept. SP30 ship dates belong somewhere else too ? I noticed this on the KNC thread today. Is it true that Sept. SP30 pre-orders won't ship until mid-late September ? I was told they will try to ship them out around the 2nd week of September. So it is at least the 2nd week. Could be the 3rd or 4th.
This is just sad now. Until now SP-Tech had a great record when it comes to delivery and it has delivered before the announced date a couple of time already. I don't know SP-Tech shipping plans for September. |
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RoadStress, if discussions about SP30 ROI don't belong in an SP30 thread, then this forum has no future.
At the risk of being accused of going off-topic and giving you an excuse to try to suppress this discussion one more time, other mining equipment manufacturers have directly addressed this question. Bitmain's S3 ANN thread and their chart describing the historic ROI situation for the S1 and their company policy towards customer ROI provides one good example.
I don't troll for anyone. For any reason. At any time.
Discussion of ROI belong in a single thread. Since it's pure speculation and it's a generic topic which can be applied to any miner. If it goes on other threads it doesn't mean that it's the correct way to do it. Vendor threads should be about their products and their services, not about speculation. I beg your pardon, but the title of your thread is:...."Best $/GH/s ratio", so I am not exactly sure how this is not related to ROI.
It's not fully related to ROI. It can be also related to other offers which are on the market and that has nothing to do with ROI. |
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Equipment is operating at 12V, which is below 50V....
This directive does not apply.
That must be why they don't provide power supplies, to avoid being within the AC rating. Do 12V PSUs with that kind of power connector that's on the Neptune PCBs exist? If they don't then it's obvious that you are using more than 50V for that equipment. |
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Please keep this thread on topic. All posts in a thread should be strictly related to the subject set by the original post. The incessant name-calling and allegations related to other vendors and unrelated to this thread do not belong here. Complaints about things being removed from this thread do not belong here. (I will also remove this post, once it's been around enough for people to see it replies to it, again, do not belong here).
Maybe you should remove s1gs3gv post above you because this is the third time when he is asking about ROI and it was answered both previous times. This is getting boring now. And as previously said this thread should be about the actual hardware and the actual company, not about ROI speculation. (of course feel free to delete this post too) I think we deserve to hear Guy (the Spondoolies CEO) make the case for the SP30 RoadStress. After all, this is the SP30 thread. Because all Bitcoin mining manufacturers CEOs have done this in the past...Troll much? |
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Please keep this thread on topic. All posts in a thread should be strictly related to the subject set by the original post. The incessant name-calling and allegations related to other vendors and unrelated to this thread do not belong here. Complaints about things being removed from this thread do not belong here. (I will also remove this post, once it's been around enough for people to see it replies to it, again, do not belong here).
Maybe you should remove s1gs3gv post above you because this is the third time when he is asking about ROI and it was answered both previous times. This is getting boring now. And as previously said this thread should be about the actual hardware and the actual company, not about ROI speculation. (of course feel free to delete this post too) |
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I was told they will try to ship them out around the 2nd week of September. So it is at least the 2nd week. Could be the 3rd or 4th.
This is just sad now. Until now SP-Tech had a great record when it comes to delivery and it has delivered before the announced date a couple of time already. |
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A quick google search shows "Provasic" as a fictional drug from the movie The Fugitive. I think we are being trolled here.
I made the same mistake while trying to find their website. Then I looked into OP's profile and the website is www.provasic.co |
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That sam arsehole, is a man of no dignity, he promised not to mine over 5% of the customers hash rate, and now he is not honoring the refunds that were promise, he is a thief.
We should organize, we should not let this crooks get away, they have stole millions from miners like you and me.
he sold used junk as new.
He is pure filth, he could sell his mother if he could, a perfect example of pure greed and evil.
Unfortunately there isn't much that we can do at this stage. Even at earlier stages the only thing that we could do is not pre-order the Neptune. If you are more inspired than me and think that there is something real and valid that we could do please share, but think of it if it's viable or not first. With expensive hosting (>$0.1/kwh) how can miners who buy overpriced hardware possibly compete with mining operations like datatank with much cheaper hardware and hosting costs less than $0.025/kwh?
The hosting isnīt expensive, (some of it) is a good rate for such high density deployments. At first glance it might be expensive compared to running your miner at home, but even @home you need to factor in the used space, one-time expenses like AC, etc. Finally, deploying at home scales much less easily. The reason why you buy expensive hardware is because datatank isnīt around yet with a deployed mine, therefore there is no pressure for miners to look for maximized efficiency. While DataTank might have 10MW online in 3-6months, it will be only a very small percentage of the network, still enabling less efficient (in terms of OpCost) miners to profit. What I like about jimmothy is that he keeps trying to find arguments in favor of his(AM) inefficient chips. And he contradicts himself a lot by doing that. There are posts of his where he bashes SP-Tech for the pre-orders, but now he is pro DataTank which will deploy in 3-6 months. Other times he is saying that power costs over 0.1$/kwh are high, but he also expects that the bulky and inefficient rockminers will be sold mostly to home users that must pay at least 0.1$/kwh for the power hungry miners. |
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Everyone knows the secret to earning bitcoins is by pimping spondoolies hardware.
PS: use my affiliate link (1000% roi guaranteed)
Correction. Use my affiliate link and I will donate a percent of the hashrate bought. Also a pretty weak reply to my view of seeing things. The way I see your reply after my analyze is like a caveman with a bat in his hand smashing things while someone explains him how stuff works. Oh, and you still have to pay for power and rewiring your house.
No you don't if you colocate your unit: https://bitcointalk.org/index.php?topic=622998.0 |
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If what is keeping women out of mining, is the color of the heatsink on their miner, those women should stay out of bitcoin mining.
These kinds of efforts to bridge the gender gap are not helpful... they are just denigrating and insulting.
Agree 100%. Women stay out of mining because of comments like this; the best strategy to diversifying is avoiding such comments... But what's keeping AM from mining? They have the chips, they have the immersion cooling setup, they got everything, but there is no mining. 7) What is the status of self mining? What is the rollout schedule for the data centers?
8 ) What is the status of franchising partners? When can we expect to see income from them?
We will report the more detailed status to the board first. The short answer is that deploying and financing is easy while getting cheap electricity and proper device solution takes time. When we have farms running we can update the related information with real time hash rate. It seems that the solutions are out there, but FC refuses to use them for self mining: https://bitcointalk.org/index.php?topic=655464.0Why? |
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If Sam Arsecole keep increasing his hashrate, Bitcoin will loose it creditbility and price will fall.
Good job Sam arsehole.
Bigger hashrate is good, lying own customers is bad. If Sam Arsehole have 51% of the network, it's all over. I don't think that GREEDY bastard understand it. Just because he is a greedy bastard he will not do something to disrupt bitcoin network. I have $5095
Option A: buy 8.5 bitcoin today
Option B: buy a 6 TH/s miner with delivery in september that will mine back in its lifetime less than 5 bitcoin (and thats assuming it is delivered beginning of september). Oh, and you still have to pay for power and rewiring your house.
Please do enlighten us all and tell us how a buyer could go for option B and possibly be better off than option A? What is your magic secret?
I will cross post this (original post https://bitcointalk.org/index.php?topic=521520.msg7480675#msg7480675) This has been discussed so many times already. As stated before I think there is a small misconception about the bitcoin ROI. Buying and holding 9 bitcoins raises the question of when you exchange them back to fiat or what are you doing with them while mining gives you more options.The way I see it it this: - Exchange rate doesn't move for 6-12 months: - Buying and holding makes 0 profit; - Mining will show a profit because there is less incentive to deploy new hashpower - Exchange rate goes up (fast or slow): - Buying and holding will show a profit, but uncertain because of the moment of exchanging. Will you exchange at 1000$, 1200$, 1500$ and so on. If you exchange 3 bitcoin at 1000$ and next month you have a 1200$ rate then you lost some profit there, while mining tends to smooth a bit this; - Mining will always show a profit if exchange rate goes up. I realize that it will be smaller than buying and holding if the exchange rate will go up fast, but since nobody doesn't know the future I prefer the conservative way instead of the lotto way. There you have it. Out of 4 possibilities only 3 will show a profit and 2 out of 3 are from mining. It's everyone's choice how he plans his financing. All ROI discussions sums up to the above for me and I feel that it's a very over discussed general subject. |
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If Sam Arsecole keep increasing his hashrate, Bitcoin will loose it creditbility and price will fall.
Good job Sam arsehole.
Bigger hashrate is good, lying own customers is bad. |
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