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1281  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: August 26, 2014, 04:12:27 PM
S-T: So are there mounting ears included with SP30?
Yes
1282  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: August 26, 2014, 08:06:46 AM
... My SP10s were case in point of this fact and the
difficulty increase, hardware delay is only going to get worse in the future. ...
I don't think your claim is true. You did ship the miner to the US after it was sent to Japan (I'm not revealing customer info here, you posted pictures of the SP10 box in the metro), so it did took some time, but I do think you've met or about to meet ROI.
You were a very happy customer until the SP30 spec update. You got your money back. Indeed, you had to find someone to trade with.

I don't intend to continue arguing, so you don't need to reply.

Guy

Edit: https://bitcointalk.org/index.php?topic=704251.msg7962548#msg7962548
1283  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: August 26, 2014, 07:35:33 AM
Can someone please say clearly what the compensation or refund option for the group buy is. I still have not been contacted about it.

Main question is the comp/refund in dollars or in bitcoin?

Cheers
We'll contact you this week. It takes times to go over the orders.
If you'll select partial refund for the missing GH/s, the refund will be in $

And if I select full refund will this be in dollars or bitcoin?
Note that we're offering full refund for the GB buyers only.
It will be in $. Payment done via BitPay are converted immediately to fiat.
1284  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: August 26, 2014, 07:27:39 AM
...this fella has everybody who doesn't kiss his ass on his ignore list. Only worshippers allowed...
This is unfair comment. Everyone can be a little grumpy after working all night.
1285  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: August 26, 2014, 07:22:07 AM
... JOULES/GH, not watts/GH, it's a measure of energy ...
100% correct. I keep (and will keep) doing this mistake. It's kind of industry standard mistake.
1286  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: August 26, 2014, 07:13:43 AM
Can someone please say clearly what the compensation or refund option for the group buy is. I still have not been contacted about it.

Main question is the comp/refund in dollars or in bitcoin?

Cheers
We'll contact you this week. It takes times to go over the orders.
If you'll select partial refund for the missing GH/s, the refund will be in $
1287  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: August 26, 2014, 04:00:45 AM
i asked yesterday if i can expect it to arrive before the 31st when i am away for 2 weeks -
Edgar,
I'm sorry for missing your question.
We're starting to ship the GB today. I don't know if you'll receive it before the 31st

Guy
1288  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: August 25, 2014, 06:52:34 PM
My SP10 in Spoondolies hosting is down.

I've already mailed Katya (cc support) 6 hours ago, but no response. How can I reach the staff in the DC?
Emailing Katya is enough, she will forward. Due to the SP30s shipping, the staff won't be available until tomorrow around noon.
We'll compensate you for the down time.
1289  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: August 25, 2014, 06:42:08 PM
The first GB units will be shipped tomorrow.
The owners will get a tracking number and AWB by email either Tuesday evening or Wednesday morning Israel time.
All the GB units will be shipped before the end of the week.

Even with the current spec, the units are a great value for $, especially at the GB price point after applying the compensation.
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'm sure you'll enjoy the SP30 very much.

Guy
1290  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: August 25, 2014, 04:37:50 AM
Impressive. SP used to be a good company which delivered good products. Now they deliver gossips and day dream like a bitch.
You're welcome. It always pleasure to have another AM SH (Board member?) visiting our little thread.
Share some gossips: What's the status of BE3500 ?
Send my regards to David and FC.

Guy

Guy,

I tell you the truth, you made a promise but you did not deliver it. What is worse, you don't compensate all of the loss between your promise and the reality for your customer.(You don't compensate the efficiency discrepancy. IF there is any new update that you changed your policy please tell me I am wrong.)

AM may fail at the R&D target, which technology company always do, but AM has never used stimulation results without proven silicon sample to do sales. You presale, and you don't deliver. You are a bad Guy.

Bitcoin mining rig is kind of commodity. All the machines produce the same thing: SHA256 hash. Produce a good mining machine is enough for a successful company, and you don't need to act as a bitch. It does not help at all.

Smiley 呵呵.
Indeed the SP30 didn't meet our initial target. The issue, as explained multiple times, has nothing to do with the design or pre silicon simulations. It will be proved in one month with the SP31.

We're providing adequate compensation and the refund requests are practically zero.
Unhappy customers quickly find someone to swap.

As long as there is demand, and believe me there is, we'll continue to presale.
I don't have any issue with AM or it's hordes of devotees. Best of luck with your next ASICs. I wish AM best of luck with their next ASIC.

Cheers,
Guy

Edit: I've just exchanged emails with David and FC. HorseRider isn't an official representative. Probably just another agitated(?) SH. Funny.
1291  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: August 25, 2014, 03:55:22 AM
...
I also hope Guy is right about Bitfury almost losing money on their Georgia and Iceland data centers. Otherwise, we're all doomed and Bitfury will rule the BTC mining world.
...
They're not loosing money, but they don't profit too much.
The BF3500 cost is above $ 0.6/GHs
The BF3500 has replacable hashing boards.
Their strategy is to replace it with custom 40 when it will be ready and later with custom 28.
Their custom 40 effort is delayed and the custom 28 was just started after cancelling a custom 20 effort because it was too difficult. Doing full custom on advance nodes is much more challenging.
For the sake of the ecosystem, I do hope that they'll fail.

We're not sitting idle, but I think it's safe to assume that sub 0.3 W/GHs systems will arrive from vanilla 16 or 14 efforts. Those efforts cost a lot (double patterning means double masks creation costs) and takes a lot of time. And then, production times is also doubled.
I'm sure TSMC and GF/Samsung are very happy to let the "crazy" Bitcoin ASIC companies debug the processes and improve yield...

I do believe that the monthly growth will be below 10% during most 2015.
I can be wrong of course, but I believe I have more data than most.
1292  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: August 24, 2014, 08:49:33 PM
Let me rephrase. With current tech and BTC value, it will slow down.

Sure, after difficulty goes up another 10x.
It will be fun to watch.
1293  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: August 24, 2014, 08:20:15 PM
https://tradeblock.com/mining/a/4a5ef71725


Would others agree that those numbers are somewhat in the right range? I lowered the diff from %32 down to %14. Is the max profit of $318 even in the right ball park? Trying to get a grasp on that SP31. And those numbers don't even include a hosting fee either.
If it doesn't work for SP31, it won't work with any other miner in the market. The hash-rate growth will slow down. It must.
Buy SP31, host at a low cost facility.

it must...sounds like a bit of wishful thinking. I heard the same from KnC, which were saying that it would stay flat from June on.
Nobody predicted the current surge from ~120 to ~190 (200 at peak). At some it has to slow down, but nobody can identify that point: it could be half a year away.
Let me rephrase. With current tech and BTC value, it will slow down.
1294  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: August 24, 2014, 08:01:12 PM
Because there is currently no mainstream technology that would yield a financially viable solution for mining, but that will change soon, I'm sure you know that engineers can be very inventive if they are given the right tools and freedom to use what they've learned.

Anyway, like I said I don't want to keep posting stuff in your thread that's not directly related to your ongoing business.
Feel free to keep posting. I do agree with your statement about mainstream technology. BitFury kind of prove that with the rev1 and rev2.
1295  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: August 24, 2014, 07:52:03 PM
you have extrapolated knowledge of what your competitors are up to but you really don't know what non-retail groups are up to.
I do know various non-retail efforts. I'm sure I don't know all.
I do find them at a rate of 2 or 3 a month. I even evaluated some of those efforts. I wasn't impressed.
1296  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: August 24, 2014, 07:50:01 PM
I don't think it is realistic to have 15% a month in difficulty increase.  It is more like a 40% increase a month.  
Sure thing. Starting from 100MW every month.


If you have the money, getting 100MVA is relatively easy in several locations, all you have to do is pony up some cash and wait 3-4 months for delivery of the main power transformer(s) and building of the substation. Not difficult at all, even 500MVA can be put in place within 6 months or less.

And you're assuming that no one has really low power asics.......if one of the independents had, oh I don't know, say a 0.12J/GH chip then 100MVA would equate to 600PH of capacity.
Thank you for the math lesson. Yup the mythical 0.1 W/GHs Smiley
Why stop here ? Why not calculate with 0.04 W/GHs  ?  Grin
1297  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: August 24, 2014, 07:44:51 PM
Then you have the companies you really want to be worried about

+1

VC money flies low and silent.
Since we are VC funded, I do know something about that as well.
If you're referring to 21e6, they're not exactly VC funded, but they did get (a lot more) funds then us.
Didn't do them too much good with their 1st gen.
1298  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: August 24, 2014, 07:33:47 PM
No, you're very wrong here, the hash rate won't slow down just because you want it to - it almost sounds as if you're desperate?
...
Not desperate at all. Just analysed and know all the known competition cost.

The trend is clear if you remove BitFury 2 last DCs (June and August): http://bitcoin.sipa.be/growth.png
At current BTC price and their machine cost, they're almost loosing money at Georgia and Iceland.

btw: They didn't need the $20M they raised. I can't elaborate more.

BitmainTech margins are very, very low.

ASICMiner is selling almost at cost to recoup their $6M wafers gen3 investment.

Cointerra is also probably loosing money on their 1st gen. Their 2nd gen won't arrive until Q2

Should I continue ?

Please quote this message one month from now. Let see how the growth graph will look.
1299  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: August 24, 2014, 06:59:28 PM
I don't think it is realistic to have 15% a month in difficulty increase.  It is more like a 40% increase a month.  
Sure thing. Starting from 100MW every month.
1300  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: August 24, 2014, 06:36:24 PM
https://tradeblock.com/mining/a/4a5ef71725


Would others agree that those numbers are somewhat in the right range? I lowered the diff from %32 down to %14. Is the max profit of $318 even in the right ball park? Trying to get a grasp on that SP31. And those numbers don't even include a hosting fee either.
If it doesn't work for SP31, it won't work with any other miner in the market. The hash-rate growth will slow down. It must.
Buy SP31, host at a low cost facility.
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