The site says 2x1200watt power supplies and it's drawing 1500w from the wall.  But here is the kicker.. It says 3000w nominal power.  So does this machine operate at 2400w or 3000w at any given time?  Thanks

Happy now?

where is he being misleading? is what he posted not fact?

I mixed up the power consumption, it should be 1.09 w/gh not 1w/gh when overclocked. It's fixed now and the tube is still the most profitable. It's ~$1700 more profitable than the sp31 in half the amount of time.

Each tube is ~0.96 btc each and can be overclocked to 920 gh/s at 1000W. A modded server PSU is ~$25 per miner.

With that said I challenge anyone to show me a scenario where an SP31 is the best option.

Estimated delivery date Wednesday September 3rd -_-

You guys are so predictable. Someone launches a mining asset that clearly can not yield a long term profit if it does what is described in the prospectus. Expose that and you get labeled a paid shill/troll/whatever.

Once it becomes clear it will indeed not produce that profit, even though the asset issuer has done exactly as promised in the prospectus (okay, except for the p2pool vote), they get labeled as scammer.

Cryptx didnt scam you. He provided what he promised. And what I predicted. If you lost money on this, you only have yourself to blame for it.

Just wondering if anyone now will buy miners to mine. Considering the price...

And added to this how long will it take to get this refund , and what about the reservation fees those just went poof I guess

OK caught up on that part...full refund means full refund on product...as to the GB hosting is that included in this refund option? (again unsure of my position on all this
just trying to get the facts) if GB hosting is a no refund option then no having no unit makes no sense.

thanks and again roadstress and to all involved in answering my question..I appreciate it....again just trying to get all the right info/facts.

Searing

This is full refund in the sense that it is for the order itself as well as the compensation for the drop in speed from 6th to 4.5th? Just trying to be clear here the thread
keeps talking 'compensation' ..just want to make sure it is for the full price paid for the unit and not just the diff in speed compensation

Ok I'm intrigued....fine the GB can get fully refunded if that is the case above for the works..but does that include the GB with the hosting option? (I find it unlikely as it probably sits on a pallet to the Titan DC center!)

er also if a person did decide to take the refund route...who is contacted and when would such refund be sent out more or less?

Searing

Your joking right? You ever heard of opportunity cost? I could have put that money to far better uses than an
Interest free loan for sp-tech.   I could deal with the lower hash rate and higer power use but this late

Shipping was just the icing on the cake

That's the single most important issue in this situation.

Just as a closing point, why not show us all how clever you really are by demonstrating how an AM chip based system will make any ROI, comparing it to an SP30? I'd love to see it, I'll bet a lot of other would too and you've obviously got lots of time on you hands. If it's too difficult for you I'd be very pleased to help.

Of course I've seen that post, but it really tells me nothing,
The compensation I was offered is insufficient , like I said late shipping +
Less hashrate

Three months to ROI is not to short, my inital calculations based on the original 5.4 th and 2500 watt usage along
With a middle of August delivery had me making ROI in three months

Currently there no way I make ROI  in less thank 5  six months now which I unacceptable

Even after you have been fully refunded  + extra with no skin in the game, you continue to complain ?  You would have more than likely committed suicide by now if you had went with the Neptunes from KNC or another company.

So honestly why would we not just get refunds at this point , with the current diff plus hosting costs its not really possible to break in less than three months , and who knows what the diff will be by then.  The big problem is we need

I know that you've been waiting patiently from April and I appreciate it. If you feel unhappy with your purchase, please contact sales@ immediately for a full refund.

Our main focus right now is to make sure all units are shipped in time and that each and everyone is contacted regarding the compensation preferences.
I'll be away from the thread for a few days, but you can still contact me in a PM. Please allow a few days to reply.

I almost at breaking even point on ROI on 4 antminer s3! Bitmain u rock!

It's all gravy from September 2014 and onwards! This was the best purchase of mining hardware that I ever done!

Anyone who invested in AM has already been paid back their original investment of 0.1 six times over.
The reason I want to know the final compensation is because it will influence my opinion on how the company handles a major fuckup and whether I will consider buying from them in the future.

I must ask, how can you have absolutely no shame? You sold ~200 overpriced miners which will never turn a profit (unless your SP-tech) and you deem it a huge success.

Since you clearly aren't one of their customers ('cause then you'd know), the answer to your question is:

None of your business.

0.69*4500=3105

4500-3105= $1390

Is $1390 correct?

So how much is the final compensation? $1500?

Aww, Stress - you make me seem like some kind of fraud!  That sucks.  

I guess there will be no problem then for Spondoolies to give back all the money I paid - right?