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2961  Bitcoin / Group buys / Re: ***Spondoolies Tech SP10 - Shipping May 16 - 1.5Th/s - $3,200*** on: May 07, 2014, 11:20:11 PM
2 weeks earlier? Batch 4 isn't shipping yet and SP10 is shipping in 1 week. How can it arrive 2 weeks earlier?

Less import fees? You obviously don't own an SP10. How much is the S2 in the invoice that you get outside of US? SP-Tech helped all customers with the import fees.

Batch 4 starts shipping tomorrow.  SP10 Doesn't ship until May 16, and that's assuming they get them all out the door on the 16th.

You're right, I don't own an SP10 because I'm risk averse and up until now the Spondoolies pricing has been garbage comparative to other offerings.  Like others, I don't care how pretty it looks, I care that the $/GH is the lowest possible, it arrives promptly, and hashes for the next 5-6 months until it's obsolete/impractical to run.

What does Spondoolies-tech put down as the invoice cost on the paperwork? 

Quote
While both S2 and SP10 hash at the advertised rate I am sure that the SP10 has more uptime than the S2.

You're sure of a lot of things when it comes to Spondoolies, aren't you?  Disclosure: I'm interested in buying a couple of these units, but I'd advise laying off the championing.  Look what Bitcoinorama did for KnC and now half the board loathes him. 

You sound bad intended. Here is why:
- First you say that an S2 arrives 2 weeks earlier to find out that it's actually just 1 week and it's not arriving, it's shipping. Two different things;
- You said something about import fees and now after I question you, you remain silent;
- After failing first 2 arguments you introduce a new one the $/GH. This GB offers 2.13$/GH (with one free hosting which costs more than the electricity for one month for some remote and expensive locations) Do you imply that S2 is cheaper?;
- Asking me about SP-Tech's invoice without answering me is just low;

The Bitcoinorama argument again. Bitcoinorama was right about KnC back last year before they shipped anything. Don't compare facts from last year in different circumstances with facts from this year under other circumstances. Last year when Bitcoinorama was supporting KnC we only had bare Avalon chips (with lots of failed projects), bitfury and KnC. (BFL doesn't count) Bitcoinorama helped me and many others make the decision to get pre-orders from KnC instead of others and he did a very good job and i repeat myself he was right about KnC. They delivered on time, had a very good W/GH and they also got 50% more hashrate than advertised for Batch 2 customers (while Batch 1 customers got just ~30% more hashrate than advertised) and they worked as intended. Of course there were a few boards that got fire, but the number was very small and they had a pretty decent RMA process. Because of this success Jupiters were sold at 3x or more their original price on the markets and for me KnC managed to be very close to the Avalon Batch 1 success where people paid crazy amounts of money compared to the original price. Until now I don't think that was repeated again, but feel free to correct me. After this big success and after the fiasco from December with the spare/upgrade boards, Bitcoinorama slowly faded away and stopped supporting KnC and right now I am sure that he is no where near KnC. I have no idea what went between them, but I am sure that he wasn't satisfied with how things went and he walked away. So I don't see why would half the board loathe 'Orama because didn't lie with anything regarding Jupiters. I still don't feel any regret for tipping him over 1BTC at that moment and I would do it again anytime.
Also don't compare how he stood by a company who never launched anything in bitcoin mining with me supporting SP-Tech who already have launched a great product at a great price with a great power consumption Smiley

Good luck

Have you took into consideration the amount of old tech that will go offline soon?

Uh oh.  Looks like a very slow start this time.  Is the going to be a price reduction soon?  Looks like it is pretty hard to flog 1.5T in this crowded market. 

There will be no price reduction, but I'm amused of how posts who claim continuous exponential rising in difficulty stand near posts who claim that nothing is selling right now on the market.
2962  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech launches a new line of ASIC miners - Best W/GH/s ratio on: May 07, 2014, 10:14:21 PM
Any shipping dates for May delivery of SP10's available yet? Will be interesting to play with the settings once they arrive.

If you join my GB the shipping starts on 16th May. (or maybe a bit earlier for the early birds)
2963  Bitcoin / Group buys / Re: ***Spondoolies Tech SP10 - Shipping May 16 - 1.5Th/s - $3,200*** on: May 07, 2014, 10:10:57 PM
Please explain how come the ugly box of S2 makes money and the good looking box of SP10 doesn't.


S2 arrives 2 weeks earlier and has less import fees than the SP10 for those of us not living in the US?

2 weeks earlier? Batch 4 isn't shipping yet and SP10 is shipping in 1 week. How can it arrive 2 weeks earlier?

Less import fees? You obviously don't own an SP10. How much is the S2 in the invoice that you get outside of US? SP-Tech helped all customers with the import fees.

No matter how ugly the miner is, if it hashes at the advertised rate and can mine 24x7x265 I am good with it looking fugly...

While both S2 and SP10 hash at the advertised rate I am sure that the SP10 has more uptime than the S2.

2964  Bitcoin / Group buys / Re: ***Spondoolies Tech SP10 - Shipping May 16 - 1.5Th/s - $3,200*** on: May 07, 2014, 09:29:20 PM
I purchased a number of SP10 boxes and i will tell you there is no other box that can touch the quality, stability, and looks of the Spondoolies-Tech boxes.

I did purchase an S2 to evaluate and it is junk -- came in pieces and 4 damaged boards -- RMA is like pulling teeth.

I also have a couple other 1Th+ boxes, and they just don't compare at all.

Definitely worth the premium if you want a solid box that you know will work when you plug it in, and will outlive the competition.

You might outlive the competition, but you might not outlive the profitability.  I rather have an ugly box that makes me money than good looking box that does not.

Please explain how come the ugly box of S2 makes money and the good looking box of SP10 doesn't.
2965  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: May 07, 2014, 07:39:34 PM
31 days after my Refund request Anna keep rolling the same " it will be transferred in few weeks" .

One month lies and BS.

Is it sure that the bank accounts of KNC are still not blocked by Swedish government?

Something start smell here. 1 Month for refund is really a lot, even for cheap bastards like KNC.

Just to remind you guys:

Don't send any Money to KNC. Don't buy any nonrefundable hardware from them.

KNC is SCAM NOW and they going to score Fraud of 2014. Hold on for Q5

Same issue, been 5 weeks for a USD refund of 1 unit and they keep delaying.   

Ask for refund in BTC, because wire transfers look bad on the annual finance report.
2966  Bitcoin / Group buys / Re: ***Spondoolies Tech SP10 - Shipping May 16 - 1.5Th/s - $3,200*** on: May 07, 2014, 06:45:44 PM

How many miners Spondoolies delivered?

C'mon some S2 had problems less than 1% most of them on Batch one, I had several customers in the 100TH-300TH range and 101% of them are very happy and ordering more units most of them.

SP-10 is a very good piece of hardware, Gadi and the rest are very nice looks for me like good people.

But considering that I think is not required to day bad things about Bitmain to sell SP-10.

All the best!

My post was aimed to people like Airwhale:

Would someone explain to me why this is a better deal than an S2?  An S2 currently costs around $2200 with coupon (around $2.20 per G/hash),  has only a little worse power/ghash,  and ships about a week and a half earlier?  Seems like the S2 is a better deal,  even if 401 units are bought.

I don't want this to be a debate on why is S2 better than SP10, but when people raise issues I like to address them.

@topminingcontracts I do understand that you are among the new Bitmain distributors, but the facts are out there and can't be hidden. You say that S2 had problems with less than 1% of their Batch one. What about Batch 2 and 3? How many problems were there? Why don't you mention them? Would you like to dig them for you or will you admit that they had A LOT of problems regarding shipping, cards being corrupt right out of the box, psu issue (miner shutting down) etc. It's not like I'm making the problems up. I backed them with proof and there is plenty available on the S2 thread.

Here is your 1% of Batch one units:
Earlier in the thread it seems like a lot of Batch 1 owners were reporting issues with the unit losing all (or some) config data upon reboot.  (I think the gist was that some people just had EVERYTHING overwritten/reset, and others were just losing specific parts of their customizations, like IPs and changes to initscripts or passwords, etc.)
2967  Bitcoin / Hardware / Re: AntMiner S2 1TH/s Miner (1w/GH/s) Batch 4 is open for sale on: May 07, 2014, 06:01:51 PM
Until then, there also nice gear with 40nm and 0.7w/ghs for less than $2150 per Terra.

Gear that works right out of the box, no need to assemble your broken miner and no need to get a better PSU.
2968  Bitcoin / Group buys / Re: ***Spondoolies Tech SP10 - Shipping May 16 - 1.5Th/s - $3,200*** on: May 07, 2014, 05:59:44 PM
I really wish the price would be just a little bit more aggressive. Around $2/GH. Make you think about it....Smiley

It's the lowest $/GH right now if we exclude the scammers from VMC and when comparing to the S2 please take into consideration the following:

As an EE and embedded software engineer I see these problems:

1. Bus based systems using card edge connectors - unreliable (see original IBM PC)
2. Beagle board is hobbyist grade - unreliable, known for SD card problems
3. Too many ASICS - unreliable
4. Shipping problems because of #1 above.

Antminer S2 turned up today, it was in horrible condition, cards loose everywhere, thermal paste everywhere, pci slots all bent to shit, after an hour and a half or so of fiddling (2 screws were stripped and needed to be drilled out) i managed to get it back together, then i had a problem with the screen, played around some more and got that working.

PROBLEM!

Its turning on and mining (all cards are flashing, hash rate on screen etc) but it will not allow me to access the settings and displays a "404 not found" error and on top of that it will not login via ssh with putty and tells me that the password i am using username: root password: root is not working, so i cannot even change pools.

Bitmain shipped me a unit that is basically mining for them! Sad

Can someone please help?

i emailed bitmain but his advice was to reseat everything and try again...

i have done this a dozen times.

is the BBB supposed to have a solid red led lit on it?

404 not found even after hard reset means something is wrong for sure

startin the rig without the sd card makes it spin loud continuously and the lcd screen never 'arrives' despite being lit.

There are TONS of posts like this and also pictures of trashed S2 units.
2969  Bitcoin / Hardware / Re: [VMC] Official Virtual Mining Corporation Discussion on: May 07, 2014, 04:50:36 PM
The company should refund people faster, either by bank wire, or by Bitcoin.

Having no sales and low mining income surely doesn't help with the refunds.
2970  Bitcoin / Group buys / Re: ***Spondoolies Tech SP10 - Shipping May 16 - 1.5Th/s - $3,200*** on: May 07, 2014, 02:45:20 PM
Buying miner these days are like a hedged bet buying btc really...
I.e by spending 8 btc for this miner you'll earn 5 btc plus a pretty gear as a bonus.


Assuming that difficulty goes up exponentially, but we are at the lowest growth for the last 10 months judging by this graph http://bitcoin.sipa.be/growth.png

Like I said we are currently at 8 Bn - next week 9 Bn - you will break even at 40 Bn... That's a long way to go....

I doubt anyone believes that this will happen in 3-4 months - that you will break even for your investment with the current rates.

And before 40BN everyone with higher than 0.7W/GH power consumption is already in the red and needs to turn their miners off.
2971  Bitcoin / Group buys / Re: ***Spondoolies Tech SP10 - Shipping May 16 - 1.5Th/s - $3,200*** on: May 07, 2014, 02:22:48 PM
Buying miner these days are like a hedged bet buying btc really...
I.e by spending 8 btc for this miner you'll earn 5 btc plus a pretty gear as a bonus.


Assuming that difficulty goes up exponentially, but we are at the lowest growth for the last 10 months judging by this graph http://bitcoin.sipa.be/growth.png
2972  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: May 07, 2014, 02:14:46 PM
Our latest results are 120Ghash while using 150Watts.


Very nice. Whats with all the errors?

There is nothing nice there with the high power consumption.
2973  Bitcoin / Group buys / Re: ***Spondoolies Tech SP10 - Shipping May 16 - 1.5Th/s - $3,200*** on: May 07, 2014, 12:16:48 PM

UPDATE

!!! For ALL units the costs is $3,200 + free shipping OR one months hosting in Israel !!!
2974  Bitcoin / Group buys / Re: ***Spondoolies Tech SP10 - Shipping May 16 - 1.5Th/s - $3,200*** on: May 07, 2014, 08:50:05 AM
You said, "Maximum number of units is 500 and the deadline is 20 May 23:59 CEST time!"

You will ship on May 16?

Spondoolies Tech will start shipping on May 16 based on the reservation queue.

I know these are more power efficient, but the S2 right now costs $2200 for 1TH ($2.20/Gh VS $2.395/Gh based on 0-100 orders.)

I also agree with cr4sh0verride, if only the BTC price was higher, I would've bought a few units. I haven't recouped enough money from all my previous purchases to be able to buy these. This saddens me Sad
I really wish I could've gotten some of these units Sad

If this GB hits 400 orders ($2.133/GH), I'm most likely going to at least get one unit!

Here's to hoping this GB hits 399, and to BTC prices to rise!

Would someone explain to me why this is a better deal than an S2?  An S2 currently costs around $2200 with coupon (around $2.20 per G/hash),  has only a little worse power/ghash,  and ships about a week and a half earlier?  Seems like the S2 is a better deal,  even if 401 units are bought.

The are a lot of differences when comparing SP10 to the S2. First of all your SP10 won't come trashed and it will be plug and hash! Until today nobody complained that the miner didn't hash out of the box. Also the SP10 is more robust and it doesn't feel like something might break or fall down any moment. It doesn't have overheat problems since it has thermal sensors that can invoke chips shutdown separately. I saw S2s with corrupt images right on their first days, haven't seen one yet in an SP10.
Also choosing SP10 will also bring you a Customer Support that is by far much better. You will get answers every time and you can send any requests regarding the firmware and the miner GUI. Let's see that when you buy an S2.

I find SP10 is much much more reliable and it can reach 0.7W/GH if needed because I see power consumption comparing.

@Airwhale Batch 4 isn't shipping yet so I don't know why are you comparing shipping times.
2975  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: May 07, 2014, 12:44:52 AM
Yes please, for those of us who do not know what the difference in those boards means can you please explain if hitting that 85 GH/s is good?  Is that on target for a 140A board?  Does that put your estimates of getting 120 GH/s on a 200A board feasible?  Please elaborate on what that means?

Small Business Note:  Leaving a message that the chip that was designed to achieve 120 GH/s is getting 85 GH/s, and not explaining to a non-technical crowd what this means is generally a bad idea. (especially when that crowd is already a little angry) Smiley

Also - you did not include power specs, were those being tested as well? What are/were they?

Edit:  I think you should post an address where you are doing your testing to, I would like to see/know what BA is doing with the chips now that they are in hand.

I started to play with voltage numbers like 0.7V*140A=98W? But I agree and support your post. I consider myself non-technical and we are really in the dark.
2976  Bitcoin / Group buys / Re: ***Spondoolies Tech SP10 - Shipping May 16 - $3,200*** on: May 07, 2014, 12:21:25 AM
Does the 10% discount if you had an order with another company still apply?

Great deal regardless.

Not anymore.
2977  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech launches a new line of ASIC miners - Best W/GH/s ratio on: May 07, 2014, 12:15:49 AM
Hey Spondoolies,

I have funds for single SP10 but I want a pair. I noticed the May batch has an offer for a pair. Is there a similar deal for the June batch?

Additionally, if we have already pre-ordered a SP30, any chance of getting a further 10% discount?

I just need a little more motivation to withdraw more funds for a second June SP10s (on top of the SP30) and it's also a toss up between SP10 and Habanero.

Cheers,
QG

How about joining my new GB: https://bitcointalk.org/index.php?topic=598502.0 1 SP10 for $3,200!
2978  Bitcoin / Group buys / Re: ***Spondoolies Tech SP10 - Shipping May 16 - $3,200*** on: May 07, 2014, 12:08:47 AM
Reserved
2979  Bitcoin / Group buys / Re: ***Spondoolies Tech SP10 - Shipping May 16 - $3,200*** on: May 07, 2014, 12:08:40 AM
Reserved
2980  Bitcoin / Group buys / [CLOSED]***Spondoolies Tech SP10 - 1.4-1.45Th/s - $2,795 + shipping*** on: May 07, 2014, 12:07:46 AM
Group Buy CLOSED! Thank you everyone!

Donations:
Quote

***********************************************************************************************************************
Status: 46/500

***********************************************************************************************************************
Now shipping from stock!
***********************************************************************************************************************

Hello again,

I managed to finalize another Group Purchase for the so wanted in-stock SP10 units - http://www.spondoolies-tech.com/products/sp10-dawson-may-second-batch - SHIPPING starts on 16 May!

The price depends on the number of units we are able to commit to of course:

UPDATE

!!! For ALL units the costs is $2,795 + shipping !!!

In order to commit and reserve your place, please send 0.05 BTC for every unit that you plan to purchaseto the wallet address below:

14m389VKt1zTGsoLzzSmSP36fHuLjH3fBq


(Add 0.0001 miners fee, to ensure the transaction arrives in time). Example: If you want 10 SP10 miners then send 0.5 BTC, if you want 17 SP10 miners then send 0.85 BTC.

PM me with the followings:
- your e-mail;
- transaction ID;
- your preffered payment method(Bitcoins, Dollars or Euros);
- want 1st month of free hosting or not



The list will be forwarded to Spoondolies Tech so that you can arrange payment afterwards.

Payment Terms:
You're committing to send full payment when you place your reservation and after you get payment details from Spondoolies Tech.

Please note that the prices are in addition to the 0.05 BTC! The collected bitcoins will be spread 90% to one or more charities and/or bitcoin projects and 10% will go to me. I am accepting suggestions for donations, but i reserve the right to spread them as I wish. I will make a poll before this GB ends.

Messaging:
Please note that even if I reply slow to any issues your place is safe in the reservation queue by sending the reservation fee. I will try to send a confirmation for every reservation PM that I get.

Discounts: No other discounts.

Charity: Since we will have an award for the Most Impactful Charity ( https://blog.blockchain.com/2014/04/16/the-first-annual-blockchain-awards/ ) I will donate 50% to the winner, 30% for the second place and 10% for cgminer. The rest of the 10% will go to me.

Edit: Added charity.
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