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1041  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: December 04, 2014, 06:48:57 PM
Those Alibaba links are scam.

Guy
1042  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: December 04, 2014, 04:58:43 PM
Buy 2 devices, mine solo with the first, mine against a pool with the second.
Not everything is about ROI ...

Excellent. I'd like to buy some SP35s below cost.
Out of curiosity, what's our cost ?
1043  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: December 04, 2014, 12:11:00 PM
got my sp20E today.

dhl tried stinging me for 100usd more than the 200usd they did last time....

so far so good with the rig.

how many rigs does one need to purchase to qualify for a t-shirt
Buy another one and contact sales@ before. We'll ship a t-shirt.

Guy
1044  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: December 04, 2014, 11:48:15 AM
stuff
How does it compare to the UK National Lottery odds?
Code:
Category     Prizes        Chances          Prize (Aprox)
Jackpot           1    1 in    13,983,816    £3-5,000,000
5+bonus           6    1 in     2,330,636         £50,000
5-match         252    1 in     55,491.33          £1,500
4-match      13,545    1 in      1,032.40            £100
3-match     246,820    1 in         56.66             £25

The odds for the Dice are claimed to be  150/300,000,000, which isn't too far off, so let's run with that, and simplify it to there being a 1:2,000,000 chance that you would solve a block and get BTC25, currently worth about BTC25 * £240/BTC = £6,000 .  Rather unlikely, and you're out the £108.
Just on the face of it, 1:56.66 / 1:2,000,000 ~= 35,300 times a better deal to play the lotto to win something.

On the other hand, that something is much greater for the Bitcoin lottery, and factoring that into the odds by plugging one into the other (£6,000 / £25 = 240), multiplying with the odds (1:2,000,000 * 240 = 1:8,3333), and then dividing (1:56.66 / 1:8,333), you'd find that playing the lotto is 'only' 147 times a better deal than playing the Bitcoin lottery with a Dice to win something.

But that's messing with numbers that shouldn't be messed with as it's not a direct comparison. Let's instead compare that to the closest equivalent for the lotto - getting a 5-match four times (for prize money of £6,000);
Winning it once: 1:55,491.33
Winning it four times: 1:221,965.32
1:221,965.32 / 1:2,000,000 ~= 9 times better to play the lotto if the goal is to win £6,000.

honestly - calling solo bitcoin mining a 'lottery' is a bit silly. If you actually wanted to win, you would solo mine with the larger, more cost-effective hardware. You can have 11x the hashrate for about 7x the cost if you buy an SP20. the solo-mining lottery is really a way to sell overpriced, underpowered hardware to those who dont know better, or want a small collectible piece.

-granted, if its your first time mining bitcoin, its probably a decent device for that. cheap and power efficient. however, any new miner who goes solo will surely be dissapointed greatly 6 months later when they have nothing, and realise they should have been on a pool from the start so that they would have at least made a fraction of a bitcoin, maybe enough to pay for the electricity used in that time period (probably $60-80 worth)


Buy 2 devices, mine solo with the first, mine against a pool with the second.
Not everything is about ROI ...
1045  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: December 03, 2014, 07:17:02 PM
Next week.
1046  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: December 03, 2014, 06:44:10 PM
SP35 hashing video: http://vimeo.com/113517265
1047  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: December 03, 2014, 05:43:15 PM
...and Guy stole the chocs.)
https://bitcointalk.org/index.php?topic=521520.msg9568784#msg9568784
1048  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: December 03, 2014, 03:09:58 PM
Yup.
Will the next jump be negative as well ?

Edit: http://www.coindesk.com/bitcoin-price-decline-sparks-rare-mining-difficulty-drop/
1049  Bitcoin / Hardware / Re: Spondoolies SP10 works in cold weather with firmware 1.5.10 (test version) on: December 03, 2014, 08:42:50 AM
...
just gonna use a blade from an antminer to scrape it.  Shocked
Grin
1050  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: December 03, 2014, 08:31:30 AM
Please contact us with your order ID via sales@ or through PM

Thanks Guy, all is well ... SP20 arrived today ... and is hashing away. I expect it to take a couple of days to settle down, but seems happy at 1.67Ths right now.

6 months in the BTC space has seen great improvements (sorry to state the obvious) ... with the SP20 footprint at 1.7Ths being so much smaller than the original June SP10 at 1.4Ths, power consumption has of course also improved.

This girl loves you and your company Guy  Tongue https://www.youtube.com/watch?v=t0JC4ddadAo (probably old news).

As raskul and others have said ... home miner(s) will be winter heater(s) ... and the UK is cooling down nicely right now.

Just waiting now for the next gen machines to replace the hosted miners I have ... and into 2015 we go ...



it's my birthday next wednesday = the BIG 40, I want one of those 5.5TH/s beasts. are they shipping yet?
You're a bit older than me Smiley
Early next week.

Guy
1051  Bitcoin / Hardware / Re: Spondoolies SP10 works in cold weather with firmware 1.5.10 (test version) on: December 03, 2014, 08:20:31 AM
+7 sounds about right for a very cold outside temp, but i've yet to be convinced it's -18
It was -35 with the wind chill the other day. Got to love Canada! It's physically painful to live here at times Cheesy




brrrrrrr .

ok.

i believe you!
Can Scottish people feel the cold ?
1052  Bitcoin / Hardware / Re: [ANN] Technobit "DICE" 160Ghs Entry miner/blockchain personal lottery device on: December 03, 2014, 04:36:40 AM
MMkay, here's a question, are the driver documentation for cgminer/bfgminer going to be released to the respected software owners, or are you just going to fork your own spin of the software to work it the way you want it to?


also, 82 Euro / 101.50USD / 120.75AUD, Excluding shipping, for a 150GHs unit that would probably only do 100GHs pool side.. Wheres the Ausie resellers? Buy up 100 of them will ya?

and please tell me that you're not forcing people to use this for only your 1/20,000,000 (i did math right? didn't i?) chance game? i see it as an entry level miner, letting people decide what they do with it...
1/2,000,000 every 10 minutes.
It's full miner, you can do solo mining without full node by configuring cgminer to use http://solo.ckpool.org/
You need a PC or  a wifi TP-Link router with special firmware attached via the USB port.
1053  Bitcoin / Hardware / Re: [ANN] Technobit "DICE" 160Ghs Entry miner/blockchain personal lottery device on: December 02, 2014, 05:59:46 PM
The full prototype hashing










Grin
1054  Bitcoin / Hardware / Re: Spondoolies SP10 works in cold weather with firmware 1.5.10 (test version) on: December 02, 2014, 03:07:30 PM
Big thanks to Jtoomin for suggesting that I try the 1.5.10 firmware, I've been hashing for 12 hours now in -18 degree weather and the SP10 is running at a rock solid 1.4 thash, this is a slow corner May batch btw and it's never ran better.

I'm cautiously optimistic that this will keep me hashing through the winter. Here's to hoping that SP20's hit the $400-$500 soon so I could justify buying a few to use up all my PSU's I have lying around from GPU and S1 mining days Cheesy
Post a picture.
1055  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: December 02, 2014, 10:04:49 AM
One marked shipped no tracking.

Received a confirmation Sponds email that a SP20 had shipped today, but unusually it said 'Being shipped via Other' and no shipping docs attached. All previous orders had quoted a DHL waybill number so I could track along with attached shipping docs ... now I can't track anything. (UPS works so much better in the UK).


Please contact us with your order ID via sales@ or through PM
1056  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: December 01, 2014, 01:14:37 PM
bless you for commenting - it does help

im just getting antsy with holiday plans drawing near and auto responses with contradictory wording.

i will do my utmost to keep it chilled.



raskul is right as always, all SP20 are shipping from stock, this is our automated response. We will updated it shortly.

Thanks for notifying us,

Gadi
1057  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: December 01, 2014, 07:34:29 AM
SP-T, can you tell me the measurement of the heat sinks on your SP-20? as well as the distance between 2 mounting holes of the heat sink?

I'm working to make waterblocks for SP20

The following diagram contains all the info:


Can't resist the opportunity to post RockerBox selfie again:


@seriouscoin, please publish the waterblocks SP20 afterwards.
1058  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: November 30, 2014, 02:06:28 PM
We're in an e-mail change with Barbara about a shipping a few pieces of SP20.

I would like to put the order but I sent her a few questions in reply.

Will she answer me today or have to wait until tomorrow? (Just how to do my afternoon....)

i have received email from Barbara today, wrt placing a new (discounted) order.

i imagine they are quite busy now if the sale ends at midnight (unsure)



I've received today too.

Just want to make clear 2 more questions before I order.

Hope I'll got answer.

We are experiencing a higher volume of requests and inquiries than usual. We will try to get back to everyone as soon as possible.
Please note that this might take longer than usual.
1059  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: November 30, 2014, 01:28:29 PM
Does Spondoolies ship to the US?  I'm trying to place an order to the east coast of the US and I receive this on checkout:

Unfortunately there is no Shipping Rate available for your destination and/or weight of your cart.

Huh

M
Please try again

Thanks.  It works now.  But I'm confused. 

First of it, is the deal through Monday, or until Monday, meaning through Sunday?

Second, it says "$695 shipped".  But on checkout, it wants to add $119 in shipping?  Which is it?

M

The deal will be available until the end of the day on Monday.

Whenever we have room available in the data center we can offer hosting for the units. in the case of "Cyber Monday Special Price: SP20 Jackson November Batch 2 - Shipped" is an indication that the unit is designated for shipping, not hosting.
Shipping charges are only included for the SP20 Mini Farm deal.
1060  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: November 30, 2014, 12:32:03 PM
Does Spondoolies ship to the US?  I'm trying to place an order to the east coast of the US and I receive this on checkout:

Unfortunately there is no Shipping Rate available for your destination and/or weight of your cart.

Huh

M
Please try again
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