I'm a shareholder of R19, a group buy for a couple of Neptunes (https://bitcointalk.org/index.php?topic=347732.msg5993570#msg5993570), for which I own 15 shares (50 shares per Neptune). This group buy opted for a refund. Would this qualify me for the $3k/unit rate for SP30s?

Conterra: 2375$/Th

... I just know that historically shipping dates/estimated specs are missed ...

LOL? So wait. First you claim that they won't deliver in time and in spec and now you chicken out? Let's make it 0.5 BTC+free name calling. 0.4w/gh? How did you came up with that? It's not what they announced and it's not in their specs. If you agree on 0.5w/GH then we can do it, but you are requesting a better efficiency than advertised. Minimum 5TH and 0.5w/gh and we have a deal.

Sorry I didn't know the bet was directed towards me. I'd be happy to take the bet but not for 1btc. That is too much for me to gamble especially because I think that out of all the asic manufacturers, SP has the best chance of delivering on time and on spec. But I still find it unlikely.

So if you want to bet here would be my terms:

- 0.1btc donated to seansoutpost (loser pays)
- SP must deliver their entire August batch no later than 1 week after August.
- SP30 specs must reach a minimum of 5th/machine and 0.4w/gh (efficiency must be reached above 5th)

Deal?

Almost every single ASIC manufacturer to date has missed their published power targets. I do think Spondoolies has done a great job so far, so don't get me wrong, but caveat emptor when you're buying a non-refundable product that doesn't even exist yet.

The Neptune looked like a great buy back in November, and we all know how that turned out, so don't count your chickens before they hatch.

Also, the competition doesn't stand still, and new companies like Spondoolies pop up out of no where from time to time, so it's impossible to predict what the market will look like in August.

One month in Bitcoinland is like one year in many other industries.

But at 10gh is it still 0.55w/gh at the chip level?


It very well could be but until you have the chips in hand and tested you wont know. And how much is "much much better"?  If it is a simple die shrink that would only be a 30% improvement.

With two chips that have nearly identical efficiency are competing, the winner will be the manufacturer with the lowest manufacturing costs.

If AM costs $0.2/gh at the wafer level we can assume spondoolies cost around $0.4/gh considering they both use the same process size and chip fab.

This simply means AM can and will lower the cost of their chips below what spondoolies can afford to.

For example AM can sell chips for $0.4/gh and still profit whereas spondoolies cannot.

PM sent
This looks like a great GB well done the organizers
I just hope it is for real.

@ spondoolies
Is it correct that the featured datacenters will provide at least 208V power for the sp30s?
If so, this would be another advantage for American customers thinking about datacenter deployment, as they wouldn´t have to pay an electrician to install aditional lines and brakers.

Thanks for reply. I am just e-mailing Guy from support. Is it the same person as you?

Thanks. What I meant is. How many days after 30th of April and paying initial registration in btc I have got to transfer payments in dollars for SP30s?

More pictures: http://imgur.com/a/afpMF#0

... Not to mention that you'll help a little to hastened KNC demise. This should worth a little something also ..

Thank you spondoolies team for replying everywhere!

Your choice of 0.5w/ghs is fantastic.

I just cannot think of ending up with clones like happened with bit mine.

I hope everything you make will stay within Israel and not get outsourced from China?

I'm still hesitating to pull the trigger and join this group buy. Pre-order again, we should have past this stage in Bitcoin already.
Great price, hosting possible, quality hardware, most responsive company, etc.... I admit it couldn't be better!

My only concern is the network's growth, even if it the absolute percentage is slowing down since a while.
Going with KfC in the past offered at least the possibility for a refund, so not much too loose.

Those who want to make the bigger part of the profit (manufacturer) should also somehow take more of the risks imho.
Until August so much can happen like chinese bumbing out cheap hardware until there is no more profit.
I mean why should they stop production as long as it is profitable. In the past weeks/months new generations were developed and produced - therefore I assume the growth has slowed down a bit as you do not increase production while next-gen is close.
Then you replace old stuff and increase production. Then network grows again very very fast..


so in short and spicy
Profit: yes, please, here
Risk: where's our customer ? S/he takes care of this part.


With the opportunity of a refund, or in case of massive diff increases rendering it a loss more hardware for the same money or at least additional hardware for a very good price, or some other risk-sharing option, there would be lots of additional customers I guess.

Nevertheless thumbs up for Spondoolies and RoadStress for this incredible deal breaking the $1 per GH/s barrier !!

Couldn't you design a control board that could power multiple mining boards? So if one failed you still pull it out, but just unplug it from the controller that could be sitting out of the fluid.

my 2 satoshis would be to keep the controller on a separate board in case an asic board fries.

im just thinking back to the days of the V1 ASICMINER blades where if one part died. you could ask for an rma and not have to worry about shipping on the WHOLE product, just the replacement part

In this groupbuy you can essentially get the units for a price of an institutional customer who actually buys 50+ units for himself, so this is pretty neat and keeps us smaller miners able to compete.