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Author Topic: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs  (Read 1256123 times)
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Guy Corem
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January 30, 2015, 04:52:12 AM
 #11081

My predictions, three months ago: Bitcoin TLV `14, #25 - Guy Corem - Mining Forecast
BitFury revealed their mining address two days afterwards. I didn't expect to see AntPool grow so much.
Let's see how the rest of my predictions will be in 2015. It was based of BTC value of $400

The rest of Inside Bitcoin TLV lectures can be found here: Inside Bitcoins Tel Aviv 2014t
I think that it was one of the best Inside Bitcoin conferences ever. Kudos to Meni Rosenfeld.

I have dimension typo in the presentation. It's J/GH or W/GH/s, It's not J/GH/s

Guy

New Mimblewimble implementation: https://www.beam.mw
Spondoolies is back with the SPx36: https://www.spondoolies-tech.com/products/spx36
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January 30, 2015, 05:29:15 AM
Last edit: February 02, 2015, 11:56:43 AM by Spondoolies-Tech
 #11082

I really don't know if I should post it or not, but since I already got a question from a worried customer, I guess I should.

https://epicenterbitcoin.com/podcast/063/ - @ 53 min

Yes, we've started initial discussion with Blockstream about "Smart Property ASICs".
The idea is to allow locking of an ASIC until a certain block height to a specific customer.
In addition, we're working on a way to provide cryptographic proof of hash-rate without interrupting customer contract hashing.
If we'll implement both features successfully (our target is to do it in our 4th gen), we intend to contribute it as an open source Verilog implementation to allow other HW manufacturers to integrate them into their ASICs as well.
Both features will provide transparency and ease of mind to cloud mining customers. It will serve to fight the endless ponzi schemes in cloud mining.

Customers will be able to choose a cloud contract provider with such hardware features, and he/she will know for sure that their contract is 100% backed by real hardware.

It won't fix all the cloud providers problems, see for example: http://www.reddit.com/r/Bitcoin/comments/2u1kiz/latest_email_from_cloudhashing/ (unbelievable, IMHO) but it's important step.

In addition, we intend to add another close source feature, enforceable rev-share (split mining). It will allow selling subsidise hardware and do a rev-share by mining to two different pools / wallets. No conspiracy theory please, the feature will be activated with the customer FULL knowledge and consent and it will be only optional.

Both features will promote de-centralisation of the network, even after home mining will, unfortunately, be over.

Tim Swanson (@ofnumbers), I know you read this thread since I've read some of my posts in your blog. Please stop spreading the nonsense about kill switch. No sane manufacturer will add such dangerous double edged sword.

Guy

Edit:
I posted a reply in the podcast URL (https://epicenterbitcoin.com/podcast/063/) and it wasn't approve.
I find it unprofessional by the blog / podcast owner.
Brian the postcast owner contacted me and told me that my reply was sent to spam automatically by Disqus. He posted my reply.

Edit2:
Just had a chat with Tim: https://twitter.com/ofnumbers/status/561606614029856769

New Mimblewimble implementation: https://www.beam.mw
Spondoolies is back with the SPx36: https://www.spondoolies-tech.com/products/spx36
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January 30, 2015, 06:04:13 AM
 #11083

You have mentioned it a couple times in interviews with me too.
It is a good idea and will help bring transparency to cloud mining for people.
I look forward to it.

I really don't know if I should post it or not, but since I already got a question from a worried customer, I guess I should.

https://epicenterbitcoin.com/podcast/063/ - @ 53 min

Yes, we've started initial discussion with Blockstream about "Smart Property ASICs".
The idea is to allow locking of an ASIC until a certain block height to a specific customer.
In addition, we're working on a way to provide cryptographic proof of hash-rate without interrupting customer contract hashing.
If we'll implement both features successfully (our target is to do it in our 4th gen), we intend to contribute it as an open source Verilog implementation to allow other HW manufacturers to integrate them into their ASICs as well.
Both features will provide transparency and ease of mind to cloud mining customers. It will serve to fight the endless ponzi schemes in cloud mining.

Customers will be able to choose a cloud contract provider with such hardware features, and he/she will know for sure that their contract is 100% backed by real hardware.

It won't fix all the cloud providers problems, see for example: http://www.reddit.com/r/Bitcoin/comments/2u1kiz/latest_email_from_cloudhashing/ (unbelievable, IMHO) but it's important step.

In addition, we intend to add another close source feature, enforceable rev-share (split mining). It will allow selling subsidise hardware and do a rev-share by mining to two different pools / wallets. No conspiracy theory please, the feature will be activated with the customer FULL knowledge and consent and it will be only optional.

Both features will promote de-centralisation of the network, even after home mining will, unfortunately, be over.

Tim Swanson (@ofnumbers), I know you read this thread since I've read some of my posts in your blog. Please stop spreading the nonsense about kill switch. No sane manufacturer will add such dangerous double edged sword.

Guy

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January 30, 2015, 06:14:07 AM
 #11084

Yes, we've started initial discussion with Blockstream about "Smart Property ASICs".
The idea is to allow locking of an ASIC until a certain block height to a specific customer.
In addition, we're working on a way to provide cryptographic proof of hash-rate without interrupting customer contract hashing.
If we'll implement both features successfully (our target is to do it in our 4th gen), we intend to contribute it as an open source Verilog implementation to allow other HW manufacturers to integrate them into their ASICs as well.
Both features will provide transparency and ease of mind to cloud mining customers. It will serve to fight the endless ponzi schemes in cloud mining.

Can you go in to more detail? I understand and like the idea of locking an ASIC until a certain block height but I'm not sure I understand the cryptographic proof of hashrate.

Where will we go to see if they have the claimed hashrate or not? Will it be embedded in the blockchain? If so wouldn't it be easier to just disclose a mining address?
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January 30, 2015, 06:38:30 AM
 #11085

Yes, we've started initial discussion with Blockstream about "Smart Property ASICs".
The idea is to allow locking of an ASIC until a certain block height to a specific customer.
In addition, we're working on a way to provide cryptographic proof of hash-rate without interrupting customer contract hashing.
If we'll implement both features successfully (our target is to do it in our 4th gen), we intend to contribute it as an open source Verilog implementation to allow other HW manufacturers to integrate them into their ASICs as well.
Both features will provide transparency and ease of mind to cloud mining customers. It will serve to fight the endless ponzi schemes in cloud mining.

Can you go in to more detail? I understand and like the idea of locking an ASIC until a certain block height but I'm not sure I understand the cryptographic proof of hashrate.

Where will we go to see if they have the claimed hashrate or not? Will it be embedded in the blockchain? If so wouldn't it be easier to just disclose a mining address?
Not yet. We do intend to open the spec before actually implementing.
Revealing mining address won't help, since I hope that in the future each cloud contract customer will be able to choose her/his own mining pool preference.

New Mimblewimble implementation: https://www.beam.mw
Spondoolies is back with the SPx36: https://www.spondoolies-tech.com/products/spx36
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January 30, 2015, 07:16:58 AM
 #11086

Have you ever considered in forming an alliance like OPEC to limit the hash rate race?  Wink  I just saw Bitfury said that their cloud service would only add hardware based on demand, is this a trend towards more cloud based service?
It's funny to read it from mega self miner.
No, it's illegal.

How is that illegal?  Smiley It is just a consensus (if it ever can be reached). Even pools can be allied together to protect against a faulty fork in 2013, and against potential 51% attack if it ever happens

Imagine a vendor that have leading semi-conductor process 10nm, he can limit his production scale at a certain level so that the network hash rate increase slowly. He then could start a cloud mining service and sell the hash power at market rate, which leaves him large margin to deal with market volatility. I think that is what Bitfury means




In the USA there is an antitrust law preventing companies from joining together to set / fix prices and supply. Its to promote fair competition for the consumers.

Except that in practice monopolies and cartels are the rule rather than the exception. Many are protected territorial monopolies,such as power companies, others just invested in America by buying senators and (potential) Presidents, such as the very obvious Health insurance cartels.

Frankly, the "antitrust" laws are only ever invoked against companies that THREATEN protected monopolies. It's a really poor argument.

Equaliser! Bringing the Blockchain Home  New exchange new exchange coming soon  Looks like it could be a contender. Disclosure: This is an affiliate link. Costs you nothing, might make me something. Cypherfunks will rise Again! https://bitcointalk.org/index.php?topic=469407.0
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January 30, 2015, 07:22:11 AM
 #11087

It's collusion, and depending on how it's done it can definitely be illegal.
http://www.ctvnews.ca/business/multimillion-dollar-settlements-reached-in-lcd-price-fixing-class-action-1.2000656

Then OPEC must be carrying this illegal activity for several decades. And FED is the banking alliance to control and fix the price of the dollar for more than 100 years


There are a lot of people that do think OPEC is illegal, and the US Congress has rumbled every once in awhile about declaring it so. The Fed example is silly, that is not companies in an open market colluding to fix prices.

All the DRAM manufacturers could say "OPEC! The FED!" until they're blue in the face. It didn't stop them from getting hit with hundreds of millions in fines for price fixing.

Actually, the FED is structured as 12 <ahem> PRIVATE banks. It is indeed price fixing in the closest to an open market there is outside of the "black" markets. It is probably the most protected monopoly in the world, currently, with the real, if not legal, power to tell it's supposed masters to get bent when they demand accountability.

Equaliser! Bringing the Blockchain Home  New exchange new exchange coming soon  Looks like it could be a contender. Disclosure: This is an affiliate link. Costs you nothing, might make me something. Cypherfunks will rise Again! https://bitcointalk.org/index.php?topic=469407.0
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January 30, 2015, 07:33:12 AM
 #11088

@edgar, @thomas_s please contact support after the weekend.

do you mean tomorrow? (Sunday)

On my last attempt (#13) after a prolonged off period, i did get the alternating (xmas) leds

upon removal of the sd card & powering off/on - i am back to noisy fans and zero mining.

as though the recovery didnt 'stick'
...
...
...

ive tried 3 more since writing that - no joy at all


My guess is some management board problem. Yes, Sunday. It's 2 days from now for us.

my mistake, it feels like a saturday here.


anyway - i have now tried the SD Boot option.

fans are quiet, yellow 'ready' led is blinking 2 times

nothing else


did you reconfigure your pool after SD recovery?
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January 30, 2015, 07:57:14 AM
 #11089

@edgar, @thomas_s please contact support after the weekend.

do you mean tomorrow? (Sunday)

On my last attempt (#13) after a prolonged off period, i did get the alternating (xmas) leds

upon removal of the sd card & powering off/on - i am back to noisy fans and zero mining.

as though the recovery didnt 'stick'
...
...
...

ive tried 3 more since writing that - no joy at all


My guess is some management board problem. Yes, Sunday. It's 2 days from now for us.

my mistake, it feels like a saturday here.


anyway - i have now tried the SD Boot option.

fans are quiet, yellow 'ready' led is blinking 2 times

nothing else


did you reconfigure your pool after SD recovery?

hey zvi,

thanks for your time.

i did half a dozen more recoveries, reformatted the sd 3 times

eventually, after NOT switching off after recovery SD insertion it finally held after 'xmas lite' power cycle.

only then [17 hrs later] was i able to access the UI at all - and did indeed reconfig it all.

all is good

hope thomas_s gets his sorted...
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January 30, 2015, 09:17:42 AM
 #11090

Any idea what is the MAX load of the fan controller on a SP20?

BTC: 1Bitcoin8dtPLLZcRtS6Kc8o4eXXZhxEaj | ZAN Coin
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January 30, 2015, 12:55:51 PM
 #11091

In addition, we're working on a way to provide cryptographic proof of hash-rate without interrupting customer contract hashing.
If we'll implement both features successfully (our target is to do it in our 4th gen), we intend to contribute it as an open source Verilog implementation to allow other HW manufacturers to integrate them into their ASICs as well.
Looking forward to more information on this as well, especially as you're referring to an on-silicon solution for a problem that could (arguably should) be tackled in software (for the most part).  Regardless, kudos to you for planning to release it as open source (and presumably royalty-free).

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January 30, 2015, 01:09:24 PM
 #11092

It's collusion, and depending on how it's done it can definitely be illegal.
http://www.ctvnews.ca/business/multimillion-dollar-settlements-reached-in-lcd-price-fixing-class-action-1.2000656

Then OPEC must be carrying this illegal activity for several decades. And FED is the banking alliance to control and fix the price of the dollar for more than 100 years


There are a lot of people that do think OPEC is illegal, and the US Congress has rumbled every once in awhile about declaring it so. The Fed example is silly, that is not companies in an open market colluding to fix prices.

All the DRAM manufacturers could say "OPEC! The FED!" until they're blue in the face. It didn't stop them from getting hit with hundreds of millions in fines for price fixing.

Actually, the FED is structured as 12 <ahem> PRIVATE banks. It is indeed price fixing in the closest to an open market there is outside of the "black" markets. It is probably the most protected monopoly in the world, currently, with the real, if not legal, power to tell it's supposed masters to get bent when they demand accountability.
The difference is the FED was established by an act of Congress. It's not supposed to be an open market.
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January 30, 2015, 01:09:58 PM
 #11093

In addition, we're working on a way to provide cryptographic proof of hash-rate without interrupting customer contract hashing.
If we'll implement both features successfully (our target is to do it in our 4th gen), we intend to contribute it as an open source Verilog implementation to allow other HW manufacturers to integrate them into their ASICs as well.
Looking forward to more information on this as well, especially as you're referring to an on-silicon solution for a problem that could (arguably should) be tackled in software (for the most part).  Regardless, kudos to you for planning to release it as open source (and presumably royalty-free).
- Locking the ASIC to a specific customer until a specific block height - open source Verilog, royalties free.

- Split mining (to allow uncrackable rev-share - if someone read it here for the first time, please go to original post first) - close source hardware implementation.

- Cryptographic proof of hash-rate - should be open source, royalties free. We're still researching the best method to do it.

Guy

New Mimblewimble implementation: https://www.beam.mw
Spondoolies is back with the SPx36: https://www.spondoolies-tech.com/products/spx36
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January 30, 2015, 01:31:57 PM
 #11094

In addition, we're working on a way to provide cryptographic proof of hash-rate without interrupting customer contract hashing.
If we'll implement both features successfully (our target is to do it in our 4th gen), we intend to contribute it as an open source Verilog implementation to allow other HW manufacturers to integrate them into their ASICs as well.
Looking forward to more information on this as well, especially as you're referring to an on-silicon solution for a problem that could (arguably should) be tackled in software (for the most part).  Regardless, kudos to you for planning to release it as open source (and presumably royalty-free).
- Locking the ASIC to a specific customer until a specific block height - open source Verilog, royalties free.

- Split mining (to allow uncrackable rev-share - if someone read it here for the first time, please go to original post first) - close source hardware implementation.

- Cryptographic proof of hash-rate - should be open source, royalties free. We're still researching the best method to do it.

Guy

A timeline estimate possible or not?

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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January 30, 2015, 01:33:52 PM
 #11095



- Cryptographic proof of hash-rate - should be open source, royalties free. We're still researching the best method to do it.

Guy

Would LOVE to see this implemented!

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January 30, 2015, 01:37:28 PM
 #11096

In addition, we're working on a way to provide cryptographic proof of hash-rate without interrupting customer contract hashing.
If we'll implement both features successfully (our target is to do it in our 4th gen), we intend to contribute it as an open source Verilog implementation to allow other HW manufacturers to integrate them into their ASICs as well.
Looking forward to more information on this as well, especially as you're referring to an on-silicon solution for a problem that could (arguably should) be tackled in software (for the most part).  Regardless, kudos to you for planning to release it as open source (and presumably royalty-free).
- Locking the ASIC to a specific customer until a specific block height - open source Verilog, royalties free.

- Split mining (to allow uncrackable rev-share - if someone read it here for the first time, please go to original post first) - close source hardware implementation.

- Cryptographic proof of hash-rate - should be open source, royalties free. We're still researching the best method to do it.

Guy

A timeline estimate possible or not?
We hope to complete working on the specs draft with Blockstream within the next couple of months, publish it, get feedback and implement first version in our 4th gen ASIC management layer.

New Mimblewimble implementation: https://www.beam.mw
Spondoolies is back with the SPx36: https://www.spondoolies-tech.com/products/spx36
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January 30, 2015, 01:59:45 PM
 #11097

for bitfury maybe its not only about the money maybe they just want the have more then >50% hashin power.
Whit whole DC infrastructure already put in place, replacing the boards wont take to loong.
It will help the Bitcoin ecosystem flourish. Not.
You probably noticed the announcement that they bought Allied Control.

Really disappointed about that news. Seems to me the only reason they would do this is because they don't want everyone else to also have IC.

I guess we will be seeing more ghetto warehouse datacenters this year.
Not my words, but I fully agree:

"BitFury was already once in the position to dominate the market and it did (GHash + MegaBigPower, etc.).
...
But unlike with their first monopoly that was broken by a healthy competition, breaking the upcoming will require huge efforts that no
single competitor will be able to met alone."

Don't ask for the source, but I believe he won't mind me quoting him.

It took time to BitFury to fix rev1 and start deploying massive amount of hash power, directly, without partners (ask CEX, MBP and others...)

With rev3, the deployment will be much quicker and much more dangerous to the eco-system.
I see it as a real threat to Bitcoin. Pretty words about transparency, smart contracts (they misuse the concept to present cloud contracts provider as a reseller of hash power provided by BitFury in their Immersion Cooling DCs) won't mask it.

Guy

New Mimblewimble implementation: https://www.beam.mw
Spondoolies is back with the SPx36: https://www.spondoolies-tech.com/products/spx36
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January 30, 2015, 03:22:10 PM
 #11098

Hi all,

I have two SP20, first one run for 2 months without problem, but now second run about 1 month and after few hours work it loosing GUI, but in that time is still visible in http://start.spondoolies-tech.com , fan still run and both led in back of minner are dark. They dark even after power down and power up . I try click on http://start.spondoolies-tech.com then click on my second ip`s minner but this gives me error. In this time miner make nothing and not mine in pool i see miner is not working. Also minner  and psu is cold.

Now i try few restart from psu and few hour later after a lot of power cycles i have success. Now im scare this will happen again.

What can i do? SD recovery?

My both sp20 use same brand and version of psu, i swap them but psu is ok.

Any advice will be appreciated.



sorry, im non native English speaker
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January 30, 2015, 03:42:48 PM
 #11099

I see it as a real threat to Bitcoin.

The nice thing about open source crypto-currencies is that there is always another one (or two or three) waiting in the wings !
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January 30, 2015, 03:45:41 PM
 #11100

I see it as a real threat to Bitcoin.

The nice thing about open source crypto-currencies is that there is always another one (or two or three) waiting in the wings !
Unfortunately, I'm all Bitcoin (and Sidechains).

New Mimblewimble implementation: https://www.beam.mw
Spondoolies is back with the SPx36: https://www.spondoolies-tech.com/products/spx36
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