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Author Topic: What to do with Spondoolies SPx  (Read 688 times)
boborino
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July 13, 2016, 10:46:17 AM
 #1

Since the the block halving, Spondoolies hardware are off and I wonder what to do with it. Rack shelves or is there a way to upgrade (replace) the boards with more efficent ones? I've seen an online picture of a MOD Spondoolies 6.0T - 1200wats.

Let us know
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adaseb
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July 13, 2016, 10:50:22 AM
 #2

The company is bankrupt. They never released newer technology.

Haven't heard of a 6T SP miner, most likely its a fake.

Sell them on eBay and buy an Antminer S9

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notlist3d
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July 14, 2016, 02:35:17 AM
 #3

The company is bankrupt. They never released newer technology.

Haven't heard of a 6T SP miner, most likely its a fake.

Sell them on eBay and buy an Antminer S9

I could possibly be a overclocked SP35.   There was no official 6T miner, but SP35 was biggest at 5.5T.   I did not own one so cannot say how likely the OC is.   But that is my guess on what they are showing.  OP you have a link to one your talking about?

I would agree though and eBay them you will get more there then off of forums, but you do have to deal with ebay/paypal.   But selling them I think is best bet unless you happen to have "free" power.  The nice thing about them is they have the rack mounted design so some will pay more for that.   But the value will only go down with SP being gone, and getting older and older.
jermwerty
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July 14, 2016, 06:20:19 PM
 #4

Yep.  Sellem!

Only profitable with free power.
leowonderful
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July 14, 2016, 11:13:05 PM
 #5

So far, there's been no further plans from spondoolies. They've gone bankrupt and there's probably going to be nothing more from them. Quite a shame, since their miners were actually comparable to Antminers at one point; ever since Avalon really took over, spondoolies got weaker and just went kaput. I'd suggest you sell your miners on either eBay or Amazon, or use escrow and sell here on bitcointalk- I suggest the latter, because you can get reliable escrow, and no fees(except for escrow)! Much more secure than eBay, as people have done chargebacks and have been left high and dry. Their miners are very reliable for people with cheap electricity, but I suggest you sell now- SP20Es are being sold for under 150$ now, and will probably go lower as time goes on.

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kingcolex
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July 15, 2016, 02:06:01 AM
 #6

Sell them to people who will use them for heat or random altcoin gambling.














 

 

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notlist3d
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July 15, 2016, 03:00:33 AM
 #7

So far, there's been no further plans from spondoolies. They've gone bankrupt and there's probably going to be nothing more from them. Quite a shame, since their miners were actually comparable to Antminers at one point; ever since Avalon really took over, spondoolies got weaker and just went kaput. I'd suggest you sell your miners on either eBay or Amazon, or use escrow and sell here on bitcointalk- I suggest the latter, because you can get reliable escrow, and no fees(except for escrow)! Much more secure than eBay, as people have done chargebacks and have been left high and dry. Their miners are very reliable for people with cheap electricity, but I suggest you sell now- SP20Es are being sold for under 150$ now, and will probably go lower as time goes on.

I think they are at the point there is no "further plans".   With going bankrupt after they were purchased... I doubt anyone else is throwing money at them like BTCS did.   At think point I think we can count on anything that was announced (like sp50) being something that will never exist.  And I could be wrong on that but I just don't see more money being put in them.

But yes I think we all agree sell the SP gear if not "free electricity".  They are only going to get less and less valuable.
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