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Author Topic: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs  (Read 1255316 times)
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DevonMiner
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April 17, 2014, 09:53:27 PM
 #1041

OK ... I've had this thread marked for a while, but only just had the time over the last few days to read a good many pages, also done a lot of research.

I'm quite struck by people's feedback about this kit, and the positive feeling that runs throughout the thread. The boxes look well made (not sure that the noise issue has been resolved, but couldn't quite find the answer to that) and Spondoolies look to be delivering the product.

To be honest, I have been waiting for Bitmain's batch 3 of their S2, but they seem to have a lot of ongoing issues with quality control. I'm running a load of Antminer S1s at present (All run solid as a rock, but power consumption is an issue).

So ... if I decide to invest in a SP10 box or two from Israel, I wonder what import (Customs/VAT) payment might be payable on delivery? Can anyone in the UK advise what they had to pay?

Many thanks.

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April 17, 2014, 10:07:39 PM
 #1042

   A nice piece of gear, but more hurry up and wait.  Very difficult to tie up 8000 for an order of 2 units and wait .  I can buy 100 grid seed 5 chip working units  for about 8000 and have them in under 3 days.
   Sell 70 on ebay and mine with the other 30.  All of my profit has involved getting gear fast.

 Oh well. My choices seem far and few right between  now.

 I am still waiting on a 520 dollar refund from BFL since March 2103. And a return of .39345 btc from BIPS. since Nov 2013.
 and 1.55 btc from hash fast since aug 2013.

I do not want to put in orders for gear that is not in stock.

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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April 17, 2014, 10:28:01 PM
 #1043

I ended up backing out of the SP 30 group buy for two miners and instead going for the entire farmers pack of 3. I probably am going the 40-60 way. I just had one question though, we plan on getting a huge check in september. We wanted to know if by then we could pay the extra 60% that is needed. We haven't bought yet, but we will. This is just the backup just in case you haven't seen the email my mom sent to you guys. Thank you. She's really skeptical about it, yet excited at the same time. Do you guys have a video of the SP 30 in action or in a mining pool? Thanks.
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April 17, 2014, 11:52:36 PM
 #1044

OK ... I've had this thread marked for a while, but only just had the time over the last few days to read a good many pages, also done a lot of research.

I'm quite struck by people's feedback about this kit, and the positive feeling that runs throughout the thread. The boxes look well made (not sure that the noise issue has been resolved, but couldn't quite find the answer to that) and Spondoolies look to be delivering the product.

To be honest, I have been waiting for Bitmain's batch 3 of their S2, but they seem to have a lot of ongoing issues with quality control. I'm running a load of Antminer S1s at present (All run solid as a rock, but power consumption is an issue).

So ... if I decide to invest in a SP10 box or two from Israel, I wonder what import (Customs/VAT) payment might be payable on delivery? Can anyone in the UK advise what they had to pay?

Many thanks.



I can't say for sure about that but there is hosted option to avoid that. Note that the hosting service already includes VAT.

New Mimblewimble implementation: https://www.beam.mw
Spondoolies is back with the SPx36: https://www.spondoolies-tech.com/products/spx36
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April 18, 2014, 02:19:44 AM
 #1045

Hey Guy/Spondoolies,

fyi, http://www.spondoolies-tech.com/pages/terms-of-sale
Code:
...Price upon making the Order (the "Otrder Date"), and the remaining 60%...
Typo, t.
Code:
7. Termination.  .Spondoolie
extra .

Smiley
QG

Bitcoin is at the tippity top of the mountain...but it's really only half way up.. Wink
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April 18, 2014, 02:40:19 AM
 #1046

Hey Guy/Spondoolies,

fyi, http://www.spondoolies-tech.com/pages/terms-of-sale
Code:
...Price upon making the Order (the "Otrder Date"), and the remaining 60%...
Typo, t.
Code:
7. Termination.  .Spondoolie
extra .

Smiley
QG

Fixed - thanks for being quick-sighted! Smiley
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April 18, 2014, 02:46:40 AM
 #1047

Let me troll a bit:

I just realized that S2 + 2*S1 is roughly the same as spondoolies SP10.
S2 (batch 2) + 2*S1 price is  ~$4470 (incl. shipping) and if you bought S2 batch 2 you get it two days ago.

S10 is $4495 + shipping roughly $400 and you get it in May.

Just saying... lower your prices guys!
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April 18, 2014, 03:10:36 AM
 #1048

Let me troll a bit:

I just realized that S2 + 2*S1 is roughly the same as spondoolies SP10.
S2 (batch 2) + 2*S1 price is  ~$4470 (incl. shipping) and if you bought S2 batch 2 you get it two days ago.

S10 is $4495 + shipping roughly $400 and you get it in May.

Just saying... lower your prices guys!

There's another competitor selling in-stock 1.6 TH/s units for $4800. Difficulty just jumped up to nearly 7B. SP10 pricing is looking worse and worse every day.

Buy & Hold
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April 18, 2014, 03:42:56 AM
Last edit: April 18, 2014, 08:01:09 AM by Spondoolies-Tech
 #1049

Let me troll a bit:

I just realized that S2 + 2*S1 is roughly the same as spondoolies SP10.
S2 (batch 2) + 2*S1 price is  ~$4470 (incl. shipping) and if you bought S2 batch 2 you get it two days ago.

S10 is $4495 + shipping roughly $400 and you get it in May.

Just saying... lower your prices guys!

There's another competitor selling in-stock 1.6 TH/s units for $4800. Difficulty just jumped up to nearly 7B. SP10 pricing is looking worse and worse every day.
Competitor:
On a good day you get 1.6 TH/s
On bad day you get below 1.3 TH/s
Only 4 ASICs, no redundancy built into the system.
They just changed their warranty policy from 90 days to 30 days for a very good reason.
SP10 power preformance ratio is much better (30%-40% less), meaning much smaller electricity bill or hosting bill.
4U vs 1.25U, again meaning much cheaper hosting.
Not relevant, but just that you understand the level of their engineering: we're 40nm, they're 28nm. NOT a good engineering. In fact, very bad.
We know the reasons for their fire sale. We can't elaborate, but it's not good.

We're giving 10% discount on showing us proof of purchase from other vendor.
With current production capability and queue status, we'll ship all orders given today well before May 10th.
For 7,200$ you can get 2.8TH/s +- 10% (usually plus) within ~20 days.

Edit:
Food for thought about the "competitor". We need to be careful here, so we'll just state known facts and raise questions.
In the semiconductors business, lead time takes 2-3 months. You simply can't create stock immediately. You need to order ASICs, mechanics and other electronics parts.
2 Weeks ago, the only batch they sold was June. Suddenly, out of nowhere, April batch emerged. Questions:

- Where did this stock came from ?
- Are those new or old machines ?
- When where they produced ?
- Are they doing self mining on large scale and competing with their customers ?
- If so, why stop doing it suddenly and sell the machines ?
- What is the reason for the fire sale ?
- What do they know and don't tell their customers ?
- Why the change of warranty policy from 90 days to 30 days ?
- Are they transparent with their customers ?
- Do they have good track record regarding delivery ?
- Do they have good track record regarding quality ?
- Do you want to support such a vendor ?

It's your money. Ask for transparency.

https://bitcointalk.org/index.php?topic=269093.msg6256244#msg6256244

New Mimblewimble implementation: https://www.beam.mw
Spondoolies is back with the SPx36: https://www.spondoolies-tech.com/products/spx36
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April 18, 2014, 03:49:31 AM
 #1050

Do you guys have a video of the SP 30 in action or in a mining pool? Thanks.
As explained, multiple time, the SP30 ASIC is a (relative) simple die shrink (40->28) of the SP10 ASIC. We're taping out in the beginning of May, the ASICs will arrive in July.
We already sold out our July machines.

New Mimblewimble implementation: https://www.beam.mw
Spondoolies is back with the SPx36: https://www.spondoolies-tech.com/products/spx36
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April 18, 2014, 03:55:53 AM
 #1051

Let me troll a bit:

I just realized that S2 + 2*S1 is roughly the same as spondoolies SP10.
S2 (batch 2) + 2*S1 price is  ~$4470 (incl. shipping) and if you bought S2 batch 2 you get it two days ago.

S10 is $4495 + shipping roughly $400 and you get it in May.

Just saying... lower your prices guys!
Show us proof of purchase from other vendor and get 10% discount.
See S2 thread for multiple complaints about their product status.
Buy 2 X SP10 + 10% discount and you're at 7,200$
Buy bulk quantities and we'll lower shipping coats. We'll also offer bulk discounts, depending on the quantities.

New Mimblewimble implementation: https://www.beam.mw
Spondoolies is back with the SPx36: https://www.spondoolies-tech.com/products/spx36
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April 18, 2014, 04:02:57 AM
 #1052

  A nice piece of gear, but more hurry up and wait.  Very difficult to tie up 8000 for an order of 2 units and wait .  I can buy 100 grid seed 5 chip working units  for about 8000 and have them in under 3 days.
   Sell 70 on ebay and mine with the other 30.  All of my profit has involved getting gear fast.

 Oh well. My choices seem far and few right between  now.

 I am still waiting on a 520 dollar refund from BFL since March 2103. And a return of .39345 btc from BIPS. since Nov 2013.
 and 1.55 btc from hash fast since aug 2013.

I do not want to put in orders for gear that is not in stock.
Show us proof of order from other vendor and get 10% discount.
We don't stock, we build test and ship.
If you'll wait until May, there is a very good chance we won't have stock again and you'll need to order June, or wait again...

New Mimblewimble implementation: https://www.beam.mw
Spondoolies is back with the SPx36: https://www.spondoolies-tech.com/products/spx36
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April 18, 2014, 04:40:59 AM
 #1053

Competitor:
On a good day you get 1.6 TH/s
On bad day you get below 1.3 TH/s
Only 4 ASICs, no redundancy built into the system.
They just changed their warranty policy from 90 days to 30 days for a very good reason.
SP10 power preformance ratio is much better (30%-40% less), meaning much smaller electricity bill or hosting bill.
4U vs 1.25U, again meaning much cheaper hosting.
Not relevant, but just that you understand the level of their engineering: we're 40nm, they're 28nm. NOT a good engineering. In fact, very bad.
We know the reasons for their fire sale. We can't elaborate, but it's not good.

We're giving 10% discount on showing us proof of purchase from other vendor.
With current production capability and queue status, we'll ship all orders given today well before May 10th.
For 7,200$ you can get 2.8TH/s +- 10% (usually plus) within ~20 days,

I don't want to clutter your thread with competitor comparisons, so I'll just stick with evaluating your offering.

You may be making a nice profit on each SP10, but your customers won't at the current prices. Here, take a look: Mining Calculator. Those "~20 days" are enough to kill any chance at a profit.

Buy & Hold
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April 18, 2014, 05:02:38 AM
 #1054

Competitor:
On a good day you get 1.6 TH/s
On bad day you get below 1.3 TH/s
Only 4 ASICs, no redundancy built into the system.
They just changed their warranty policy from 90 days to 30 days for a very good reason.
SP10 power preformance ratio is much better (30%-40% less), meaning much smaller electricity bill or hosting bill.
4U vs 1.25U, again meaning much cheaper hosting.
Not relevant, but just that you understand the level of their engineering: we're 40nm, they're 28nm. NOT a good engineering. In fact, very bad.
We know the reasons for their fire sale. We can't elaborate, but it's not good.

We're giving 10% discount on showing us proof of purchase from other vendor.
With current production capability and queue status, we'll ship all orders given today well before May 10th.
For 7,200$ you can get 2.8TH/s +- 10% (usually plus) within ~20 days,

I don't want to clutter your thread with competitor comparisons, so I'll just stick with evaluating your offering.

You may be making a nice profit on each SP10, but your customers won't at the current prices. Here, take a look: Mining Calculator. Those "~20 days" are enough to kill any chance at a profit.
- It's 7,200$ with proof of order from other vendor
- It's less than 1.5 jumps, not 2 jumps
- For bulk orders, we'll give larger discount and decrease shipping costs (bulk shipping)

Edit:
- With 25C ambient temperature, it's usually above 1.5TH: http://eligius.st/~wizkid057/newstats/userstats.php/1PzK2WeeB9GzZwzPPJfA2h1D25Hsv2yb5e
- We can't commit to that due to variance in the ASICs
- We're constantly tweaking the fw to get better results

New Mimblewimble implementation: https://www.beam.mw
Spondoolies is back with the SPx36: https://www.spondoolies-tech.com/products/spx36
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April 18, 2014, 05:19:39 AM
 #1055

My SP10 is already in Edinburgh!
that's ONE DAY SHIPPING guys!!! astounding.  Shocked

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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April 18, 2014, 05:24:03 AM
 #1056

- It's 7,200$ with proof of order from other vendor

Plus shipping brings it back up to nearly $8000. For someone without the 10% discount, it's even worse.

- It's less than 1.5 jumps, not 2 jumps

Even if it was only 1 jump (delivery before the end of April), the break even point will still not be reached.

And my difficulty adjustment estimations are quite conservative. If you actually deliver the sort of hashpower you are promising, then there's absolutely no chance of a new SP10 breaking even.

Buy & Hold
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April 18, 2014, 05:28:40 AM
 #1057

- It's 7,200$ with proof of order from other vendor

Plus shipping brings it back up to nearly $8000. For someone without the 10% discount, it's even worse.

- It's less than 1.5 jumps, not 2 jumps

Even if it was only 1 jump (delivery before the end of April), the break even point will still not be reached.

And my difficulty adjustment estimations are quite conservative. If you actually deliver the sort of hashpower you are promising, then there's absolutely no chance of a new SP10 breaking even.
We can fine tune the shipping.
Our contribution to the hashpower was modest until now. It will be much more serious with the SP30 and later.

New Mimblewimble implementation: https://www.beam.mw
Spondoolies is back with the SPx36: https://www.spondoolies-tech.com/products/spx36
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April 18, 2014, 05:48:52 AM
 #1058

Let me troll a bit:

I just realized that S2 + 2*S1 is roughly the same as spondoolies SP10.
S2 (batch 2) + 2*S1 price is  ~$4470 (incl. shipping) and if you bought S2 batch 2 you get it two days ago.

S10 is $4495 + shipping roughly $400 and you get it in May.

Just saying... lower your prices guys!

+1 ...I am waiting on the side line because...

First :price is too HIGH at the moment...around $3000 is probably fair now...IMHO...NOT in June etc...
Second : NOT in stock...like order to shipment in 1 (ONE) WEEK...not 2-3-5-or more weeks...

IF you manage FIRST AND SECOND ...I am all yours...and the market too... 

Otherwise good job so far ...and good luck...

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April 18, 2014, 05:51:01 AM
 #1059

Let me troll a bit:

I just realized that S2 + 2*S1 is roughly the same as spondoolies SP10.
S2 (batch 2) + 2*S1 price is  ~$4470 (incl. shipping) and if you bought S2 batch 2 you get it two days ago.

S10 is $4495 + shipping roughly $400 and you get it in May.

Just saying... lower your prices guys!

+1 ...I am waiting on the side line because...

First :price is too HIGH at the moment...around $3000 is probably fair now...IMHO...NOT in June etc...
Second : NOT in stock...like order to shipment in 1 (ONE) WEEK...not 2-3-5-or more weeks...

IF you manage FIRST AND SECOND ...I am all yours...and the market too...  

Otherwise good job so far ...and good luck...


Thank you for your kind words. Already replied to the original thread, read back.
Regarding S2, well, do you research. Read customers reviews.

New Mimblewimble implementation: https://www.beam.mw
Spondoolies is back with the SPx36: https://www.spondoolies-tech.com/products/spx36
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April 18, 2014, 07:06:51 AM
 #1060

I will mail you. I am impressed from what I have red about your team and you future plans also
Thank you. Since it's very late here, we'll answer tomorrow.
Mail sent
Best
Loshia

Please help the Led Boy aka Bicknellski to make us a nice Christmas led tree and pay WASP membership fee here:
https://bitcointalk.org/index.php?topic=643999.msg7191563#msg7191563
And remember Bicknellski is not collecting money from community;D
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