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Author Topic: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs  (Read 1251952 times)
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Fatman3001
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September 24, 2015, 12:37:13 PM
 #13421

bitcoin was always going to centralise slightly. satoshi pointed that out at the very beginning and understood that in a short time mining and node operation would become limited to datacenters and geographic areas wit cheap resources.

Don't take this out of context.  That context being 'everyone is solo mining and pools do not exist.' 

Slush invented both the concept and the first mining pool long after this statement was made. 

Pools changed everything; Bitcoin may have remained an obscurity without them.

Nope, there are plenty of pools to choose from. If you care enough t give a [delete expletive] you can still matter. Not everything has changed.

"I predict the Internet will soon go spectacularly supernova and in 1996 catastrophically collapse." - Robert Metcalfe, 1995
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September 24, 2015, 01:01:17 PM
 #13422

bitcoin was always going to centralise slightly. satoshi pointed that out at the very beginning and understood that in a short time mining and node operation would become limited to datacenters and geographic areas wit cheap resources.

Don't take this out of context.  That context being 'everyone is solo mining and pools do not exist.' 

Slush invented both the concept and the first mining pool long after this statement was made. 

Pools changed everything; Bitcoin may have remained an obscurity without them.

Nope, there are plenty of pools to choose from. If you care enough t give a [delete expletive] you can still matter. Not everything has changed.

Did you read my post?  Of course individual miners still matter; and the more pools hosted in different geographic regions the better.

Avoid using a pool if they have more than 12% of the Network.


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September 24, 2015, 01:19:47 PM
 #13423

bitcoin was always going to centralise slightly. satoshi pointed that out at the very beginning and understood that in a short time mining and node operation would become limited to datacenters and geographic areas wit cheap resources.

Don't take this out of context.  That context being 'everyone is solo mining and pools do not exist.'  

Slush invented both the concept and the first mining pool long after this statement was made.  

Pools changed everything; Bitcoin may have remained an obscurity without them.

Nope, there are plenty of pools to choose from. If you care enough t give a [delete expletive] you can still matter. Not everything has changed.

Did you read my post?  Of course individual miners still matter; and the more pools hosted in different geographic regions the better.

Avoid using a pool if they have more than 12% of the Network.



Which post? The one where you said "[p]ools changed everything" as a way of negating klondike_bars statement? What am I missing?

"I predict the Internet will soon go spectacularly supernova and in 1996 catastrophically collapse." - Robert Metcalfe, 1995
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September 24, 2015, 01:28:44 PM
 #13424

If you can't perform the thought experiment; it went over your head.

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September 24, 2015, 02:01:29 PM
 #13425

Can we get back to discussing the SP50? 2 pages of random ass stuff...

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September 24, 2015, 02:13:31 PM
 #13426

If you can't perform the thought experiment; it went over your head.

If you can't formulate your thoughts then you don't really understand what you're talking about.

"I predict the Internet will soon go spectacularly supernova and in 1996 catastrophically collapse." - Robert Metcalfe, 1995
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September 24, 2015, 02:51:42 PM
 #13427

Can we get back to discussing the SP50? 2 pages of random ass stuff...

Hard to discuss what isn't yet in the wild Wink

Seriously though, why is BTCS stock not leaping up on the news?

24" PCI-E cables with 16AWG wires and stripped ends - great for server PSU mods, best prices https://bitcointalk.org/index.php?topic=563461
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September 24, 2015, 02:55:47 PM
 #13428

Can we get back to discussing the SP50? 2 pages of random ass stuff...

Hard to discuss what isn't yet in the wild Wink

Seriously though, why is BTCS stock not leaping up on the news?

Because it'll take a lot to turn around multi M losses every quarter which is a risk. Think how many SP50s that takes to sell even with a nice margin. Overall though they've got a good chance with exclusive(ish) control of the SP50, with enough capital they can just mega farm their own btc at cents on the dollar.

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September 24, 2015, 02:56:57 PM
 #13429

Can we get back to discussing the SP50? 2 pages of random ass stuff...

Hard to discuss what isn't yet in the wild Wink

Seriously though, why is BTCS stock not leaping up on the news?
Because people are not stupid  only thing BTCS does is mine bitcoin
Hello how bout I just buy my own coins.

It makes more sense than buying some stupid stock


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Borgminer
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September 24, 2015, 04:19:03 PM
 #13430

110t yeah right . 
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September 24, 2015, 04:59:34 PM
 #13431

I think my NDA is expired now. Right, Guy?

They will be shipped in two separate shipments. One by ocean, one by air. The ocean shipment will include the chassis, controller, and the PSUs. The air freight will include the hashboards and heatsinks. I believe that both will originate in Israel, but I don't have hard evidence on that.

Not having seen the NDA you signed I can't say for sure but it would appear as though you might have done exactly that.

In most NDAs you would be safe to repeat anything they have now publicly made available (like the specifications for the SP50) however I did not see anywhere that they mentioned the details of shipping which means you are probably publicly disclosing that information for the first time and perhaps very well in breach.

Hopefully this does not sour your relationship with them (or cause you to face legal consequences)!
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September 24, 2015, 06:19:41 PM
 #13432

going by the lovely "help! my miner caught fire!!" threads or "Why doesn't my Miner work any more?!" threads every once and a while, guess what is going to disappear, especially when there is no one to make any more? just like Rockminer and their hardware, you think I could get my boxes replaced?

So you are basing your judgement of overall mining hardware reliability on your Rockminer and a handful of threads on an online forum? Very empirical.  Even if 1% of miners ever created were still online, CPU/GPU mining would be un-profitable.


all im hoping for, is the day there is no more coins to mine, only transaction fees..

You mean you are looking forward to mining 125 years from now? I look forward to being alive, and being able to have erections, though both of those are also very unlikely.

Derp!

That pretty much sums up your arguments...

Can we get back to discussing the SP50? 2 pages of random ass stuff...



Yes sir.  I'm sure Guy can now sleep peacefully knowing you are here to keep his thread on track   Roll Eyes

IBM 2880W PSU Packages: https://bitcointalk.org/index.php?topic=966135 IBM 4K PSU Breakout Boards & Packages: https://bitcointalk.org/index.php?topic=1308296 
Server PSU-powered GPU rig solutions! https://bitcointalk.org/index.php?topic=1864539  Wallet address: 1GWQYCv22cAikgTgT1zFuAmsJ9fFqq9TXf 
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September 25, 2015, 01:12:36 AM
 #13433

The rubicon has been crossed.

RIP profitable hobbyist mining on 120V circuits.

I hear you there.  Sucks that the majority of the US is 120V.

This bad boy really does make the S7 look like a home miner.

BTC: 1GENERALrtBAjEv2Ps5cmEW1FADnXh1bCZ
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September 25, 2015, 01:14:24 AM
 #13434

The rubicon has been crossed.

RIP profitable hobbyist mining on 120V circuits.

I hear you there.  Sucks that the majority of the US is 120V.

This bad boy really does make the S7 look like a home miner.

Really?  LOL

Do you not know what a two poll breaker is?  Each poll has 120V on them for a total of 240V.  All of our dryers, AC units and ovens require 240V.

Follow me on Trading View for excellent signals in Bitcoin/US dollar - Bitstamp - https://www.tradingview.com/u/ProwdClown/.  Will be on a paid subscription website soon with trading signals and technical education using Wyckoff Method in conjunction with Godmode and Stochastic RSI indicators for many more crypto currency pairs besides BTCUSD.
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September 25, 2015, 01:17:17 AM
 #13435

So miners are called transaction verification servers now?

BTC: 1GENERALrtBAjEv2Ps5cmEW1FADnXh1bCZ
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September 25, 2015, 01:17:37 AM
 #13436

The rubicon has been crossed.

RIP profitable hobbyist mining on 120V circuits.

I hear you there.  Sucks that the majority of the US is 120V.

This bad boy really does make the S7 look like a home miner.

Really?  LOL

Do you not know what a two poll breaker is?  Each poll has 120V on them for a total of 240V.  All of our dryers, AC units and ovens require 240V.

I got a gas dryer Sad

BTC: 1GENERALrtBAjEv2Ps5cmEW1FADnXh1bCZ
dmwardjr
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September 25, 2015, 01:18:20 AM
 #13437

So miners are called transaction verification servers now?

Sure...  I like the sound of that when doing my taxes writing off my hardware expenses.

Follow me on Trading View for excellent signals in Bitcoin/US dollar - Bitstamp - https://www.tradingview.com/u/ProwdClown/.  Will be on a paid subscription website soon with trading signals and technical education using Wyckoff Method in conjunction with Godmode and Stochastic RSI indicators for many more crypto currency pairs besides BTCUSD.
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September 25, 2015, 01:19:21 AM
 #13438

So miners are called transaction verification servers now?

Sure...  I like the sound of that when doing my taxes writing off my hardware expenses.

LOL good luck with getting that past the IRS.

BTC: 1GENERALrtBAjEv2Ps5cmEW1FADnXh1bCZ
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September 25, 2015, 01:19:32 AM
 #13439


I got a gas dryer Sad

We have some gas dryers here in the US.  Especially, where electric rates are high.  However, most dryers in the US are electric.

Follow me on Trading View for excellent signals in Bitcoin/US dollar - Bitstamp - https://www.tradingview.com/u/ProwdClown/.  Will be on a paid subscription website soon with trading signals and technical education using Wyckoff Method in conjunction with Godmode and Stochastic RSI indicators for many more crypto currency pairs besides BTCUSD.
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September 25, 2015, 01:20:08 AM
 #13440

Can we get back to discussing the SP50? 2 pages of random ass stuff...

Hard to discuss what isn't yet in the wild Wink

Seriously though, why is BTCS stock not leaping up on the news?

Because it is already overpriced

How is that Lexical analysis working out bickneleski?
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