|
I know and familiar with all the placement details.
Assuming each round will succeed, there will be a quick placement. Initial placement will be with 35 SP10s we agreed to host.
We've due diligence all the parties involved, and I'm 100% confident.
Moreover, hefty collateral has been taken.
This should not read as an endorsement to participate in the IPO, but to assure the prospect investors that Taras and the offer is genuine.
Guy
|
|
|
|
|
This is not endorsement to buy CBCM, but I look at PBMINING cost. The electricity alone for 5 years cost a lot more than the contract cost per $/GHs
Either it is a pyramid or they expect to replace with new hardware at an unrealistic rate. Do the math.
Guy
|
|
|
|
Nice to know where all the SP10s went.
CBCM are legit. Assuming their first round will be a success, we'll cover it with 35 SP10s we removed from our stock. We also helped them secured additional hosted hash power in case their subsequent rounds will be successful, from a trusted partner and customer we're working with. Guy |
|
|
|
CBCM are legit. Assuming their first round will be a success, we'll cover it with 35 SP10s we removed from our stock. We also helped them secured additional hosted hash power in case their subsequent rounds will be successful, from a trusted partner and customer we're working with. Guy |
|
|
|
... Their sales team was ignoring my emails and I was in a hurry to get them paid so they would ship out ...
If you don't get a reply, send again after 48 hours. Always include sales@ in the to: or cc: Also: Scammers are targeting users who try to contact us in the forum publicly with sales issues. Try to avoid that. PM or email. Guy Guy, I suggest you edit your profile and add a link to a post where you mention about the scam alerts Done (more or less). Thanks for the good advice. |
|
|
|
... Their sales team was ignoring my emails and I was in a hurry to get them paid so they would ship out ...
If you don't get a reply, send again after 48 hours. Always include sales@ in the to: or cc: Also: Scammers are targeting users who try to contact us in the forum publicly with sales issues. Try to avoid that. PM or email. Guy |
|
|
|
I had tried sending PM's to the 'Real' spondoolies account too and it was never replied to. I'm sure it's still sitting in their inbox.
Well be patient...I think they are in Israel and there may be a communication difficulty. I think he needs to check HERE in this website for PM's. I do not think he is working together with the other spoondoolies. I am sorry for your loss. ElectricSavant™ Guys, Gals and miners, No communication difficulty, just overwhelming amount of emails and requests. Please be patient. If you don't get a reply, try again after 48 hours. Again, never, ever send BTC to an address you get on the forum and claims to be in anyway affiliated with Spondoolies-Tech |
|
|
|
Spoondoolies - Tech please check your PM
Nothing in the PM from you. Make sure you're corresponding with us. |
|
|
|
We're sorry for that. As explained, we're overwhelmed with emails and requests. If you don't get a reply, send again after 48 hours. Never send BTC to an address you get on the forum (except <= 0.1 Group Buy reservation fee) and check the account you're corresponding with.We'll continue handling by email. Regards, Guy |
|
|
|
By the time time August / September rolls around, you can count on the SP30 going head to head with the Bitmain S3 and Knc Neptune. It's impossible too tell which will be a better deal at that time because there are too many variables and a lot will change in the next 3 months.
Cut & Save: Both KNC and Bitmain miners won't come close to SP30 in terms of W/GHs in Q3 |
|
|
|
It is more difficult to deploy as you will produce the guardian knot with all the PSU and management cables required by buying 7 of these compared to one easy sp10.
Sp10s are 15% more power efficient.
Also, these will not be produced by AM as they state in their own thread, meaning you will be left with some cut-throat company and probably not getting a good price.
And probably bad quality ... You said it right - expensive door stop. |
|
|
|
Does that mean no preorder funds were used to fund september or previous batches?
For every batch we open, we use the revenues we got until that batch was opened and augment it with additional funding if needed. |
|
|
|
What bogus numbers? Do you doubt AM sold ~8ph worth of chips or that they have 60ph worth of wafers in hand?
I'm not doubting any numbers provided by Friedcat. I'm doubting that the hash-rate will actually come online. AM is playing and loosing catch-up game with Bitmain. Inferior ASIC, not relevant for Q3 https://bitcointalk.org/index.php?topic=641957.msg7227862#msg7227862 |
|
|
|
... And by doing so you are putting investor level risks on customers ...
Completely untrue and false. September batch is covered. For every batch we open, we're covering it with the necessary financing. |
|
|
|
Would 1 batch of preorders not be enough to fund the next 2 batches?
I'm a bit disappointed that you didn't understand the meaning of 3 months lead time. I'l explain in details: To finance September batch, I need to start paying from June To finance October batch, I need to start paying from July to finance November batch, I need to start paying from August So I need to pay 3 batches in advance, before I'm able to sell "in stock" hardware and starting to get revenues. btw: your precious AM system builders are taking pre-orders as well. Guy Did you not sell july batch before may? And august batch before june? Maybe you can't fund the entire august batch with only july preorder funds but I really doubt you need the money for a september batch. How much PH worth of chips could you buy with all the funds from preorders so far? July batch was very small, It will be build with samples. August batch is medium. We already paid for September ASICs and the batch size is fixed. We won't give actual numbers, just say that it's considerably less than AM advertised bogus numbers. |
|
|
|
Would 1 batch of preorders not be enough to fund the next 2 batches?
I'm a bit disappointed that you didn't understand the meaning of 3 months lead time. I'l explain in details: To finance September batch, I need to start paying from June To finance October batch, I need to start paying from July to finance November batch, I need to start paying from August So I need to pay 3 batches in advance, before I'm able to sell "in stock" hardware and starting to get revenues. btw: your precious AM system builders are taking pre-orders as well. Guy |
|
|
|
I don't have stock hardware. All the stock hardware was bought. I mean why not sell sp30 in stock or even BTO? Why put the additional unnecessary risks involved with preordering on your customers? C'mon now, let's not be silly here. There is risk in every preorder. You see a low chance for failure because Spoondoolies has proven to be an upstanding company. But don't mistake that for zero risk.
And with a pre-order with a no-refund policy, the buyers have assumed all risk if a catastrophic failure occurs.
Already explained multiple times in the thread before. Will explain once again. Put execution risk aside - the RockerBox / SP30 is a simple project. Die Shrink, same miner concept as the SP10. The execution risk is virtually non existent. The two other risks - BTC price and hash-rate are not under our control. Why we can't finance in stock SP30: Assume the following (not exact figure, just to get the idea): - 3 months lead time on the ASICs and other long lead time components - SP30 BOM (without NRE) is $3,000 - Each month we want to produce 3,000 miners We don't have $27M. Each customer can do his/her own calculation regarding the BTC and has-rate risks and decide whether they want to take it or not. |
|
|
|
Like whom, you mean?
Could be bitfury, asicminer, avalon, bitmain, innosilicon, knc, blackarrow or maybe a company that has yet to reveal itself. Hello my friend, I've missed you. Is is too boring at one of AM threads ? None of those companies can match the price point of SP30 with current gen and Q3 planned hardware. Not to mention the W/GH/s advantage. What exactly is all the Q3 planned hardware? You don't happen to have the specs/prices of all the next gen asics do you? If you are so confident that you will have the best $/GH/W ratio than why not offer in stock hardware? I have pretty good idea of all the major players plans for Q3 - 2015 Q1. You forgot PeerNova, Cointerra and 21e6 I don't have stock hardware. All the stock hardware was bought. |
|
|
|
Like whom, you mean?
Could be bitfury, asicminer, avalon, bitmain, innosilicon, knc, blackarrow or maybe a company that has yet to reveal itself. Hello my friend, I've missed you. Is it too boring at one of AM threads ? None of those companies can match the price point of SP30 with current gen and Q3 planned hardware. Not to mention the W/GH/s advantage. |
|
|
|
Will the SP30 have dual 120/240V circuits for US miners?
Yes. You can see the 2 PSUs in the picture below.  |
|
|
|
|
Show Posts
