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Author Topic: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs  (Read 1249363 times)
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dmwardjr
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September 25, 2015, 01:19:32 AM


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.

We should come together as a community to promote the best coin(s) for humanity in regards to decentralized currency, privacy, freedom of speech and freedom from tyranny.
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September 25, 2015, 01:20:08 AM

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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September 25, 2015, 01:25:39 AM

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.

It's nothing to get "past" them.  It's only two sheets of paper I give my accountant for my business every year.  No details needed unless audited.  Even if I am audited, there is nothing to hide because EVERYTHING is documented and accounted for.  I give myself payroll and I also take some "draws" as well but never more than 50 percent.  My wife is an accountant.  I think you need to do your homework.  

What the hell do I have to get "past" the IRS?  The hardware (rigs) are depreciating assets.  They depreciate a certain amount each year.  If they are sold [As mine were] you simply subtract the depreciated value from what you sold them for.  Depending on the difference, you might end up on the "up" side.  If you end up making money from the sell AFTER depreciation, then money is made and corporate taxes are to be paid.  You don't even have to do it as a corporation as I have.  You can simply use your SSN.  I have an EIN for my S - Corporation.

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September 25, 2015, 01:46:46 AM

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.

My thoughts exactly. This puts them hot on the tails of bitfury and KNC (presumably those two taped out <0.06w/GH or are trying to) and the stock is effectively a share in a hardware manufacturer AND mining company. granted that the current evaluation may not be 'right', I still expected to see a >0.02c movement based on the news

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September 25, 2015, 02:44:16 AM

So miners are called transaction verification servers now?

except they are being paid literally peanuts for such services, as you know. Most of the income for BTCS is in sales of "mined" bitcoin.
That's why these large farms of you-know-who ever did diddly-squat for anything that is good in bitcoin.
They mine bitcoin, then they sell it like a real miner/commodity owner does.
It is a path that leads nowhere.
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September 25, 2015, 03:23:41 AM

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.

My thoughts exactly. This puts them hot on the tails of bitfury and KNC (presumably those two taped out <0.06w/GH or are trying to) and the stock is effectively a share in a hardware manufacturer AND mining company. granted that the current evaluation may not be 'right', I still expected to see a >0.02c movement based on the news


It's kinda all speculation I don't know if we can trust presumed tape out.   So far bitmain and SP both kept 28 NM.  Seems that is put them at an advantage.

I am interested to see the other companies with lower NM.  But if SP can get these monsters out soon I can see profit for them specifically internally mining with them.
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September 25, 2015, 03:27:26 AM

Bulk sales?  Well of course... they are pretty bulky. Wink
I've already ran extension cords from all my neighbors yards preparing for arrival. (just kidding)
I believe this and other soon to be released miners are going to create a drop in Btc price at Christmas time.
But good job thinking big but a beast like this needs to be posted on Ebay or some Fortune 500 site.
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September 25, 2015, 03:46:07 AM

Hmmm... What is it?..

http://bitcoinminershop.be/product/sp50-yukon-bitcoin-miner/

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September 25, 2015, 04:20:24 AM


Interesting, real?
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September 25, 2015, 04:52:30 AM


That's no more efficient than their last gen gear, assuming it's even real.  Guessing it's not.
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September 25, 2015, 07:09:52 AM

the price reduced badly Huh? but still is too damn high with very low electric specs...my bet...scam


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ard
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TheRealSteve
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September 25, 2015, 11:08:25 AM

All this of course assumes an intelligent designer.
I would never make such an assumption.  I'd be reasonably comfortable with some BGAs ( e.g. https://bitcointalk.org/index.php?topic=565418.msg6240896#msg6240896 ) that don't adhere to a more logical design, but if they can be avoided at all, that has most designers' preference.
Unfortunately you haven't launched your TO-220-5/7 chip yet Smiley



So miners are called transaction verification servers now?
At least since May; https://bitcointalk.org/index.php?topic=521520.msg11412144#msg11412144
BTCS/SP aren't the only ones doing this either.  The terminology change makes sense in the long run on a technical level, and on a marketing level in the short run.

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September 25, 2015, 12:14:23 PM


That's no more efficient than their last gen gear, assuming it's even real.  Guessing it's not.

Especially seeing as the picture is just 2 SP3Xs cropped on top of each other...

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September 25, 2015, 04:06:32 PM

All this of course assumes an intelligent designer.
I would never make such an assumption.
This is very grim when we can't assume an intelligent designer even in the Spondoolies' thread.

I was sort of OK, when the Chinese mining chip vendors weren't able to hire or contract the actual design talent. China is undergoing a period of extra-fast growth and there are plenty of competing opportunities there.

But I'm getting scared if a Jewish company can't find an intelligent Jew to stay with them even part-time to tell the ins-and-outs of hardware engineering.

What does it mean for Bitcoin if the really intelligent Jews avoid it and the only Jews that deal with Bitcoin are the ones that skew towards being criminally optimistic?

Please comment, critique, criticize or ridicule BIP 2112: https://bitcointalk.org/index.php?topic=54382.0
Long-term mining prognosis: https://bitcointalk.org/index.php?topic=91101.0
Spondoolies-Tech
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September 25, 2015, 04:20:46 PM

All this of course assumes an intelligent designer.
I would never make such an assumption.
This is very grim when we can't assume an intelligent designer even in the Spondoolies' thread.

I was sort of OK, when the Chinese mining chip vendors weren't able to hire or contract the actual design talent. China is undergoing a period of extra-fast growth and there are plenty of competing opportunities there.

But I'm getting scared if a Jewish company can't find an intelligent Jew to stay with them even part-time to tell the ins-and-outs of hardware engineering.

What does it mean for Bitcoin if the really intelligent Jews avoid it and the only Jews that deal with Bitcoin are the ones that skew towards being criminally optimistic?

Am I criminally optimistic Jew ?

We released the following miners only when we were operational: SP10, SP20, SP30, SP31 and SP35.
If you see anything else offered online, it's a scam.
We designed but never completed the SP50
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September 25, 2015, 04:43:45 PM

All this of course assumes an intelligent designer.
I would never make such an assumption.
This is very grim when we can't assume an intelligent designer even in the Spondoolies' thread.

I was sort of OK, when the Chinese mining chip vendors weren't able to hire or contract the actual design talent. China is undergoing a period of extra-fast growth and there are plenty of competing opportunities there.

But I'm getting scared if a Jewish company can't find an intelligent Jew to stay with them even part-time to tell the ins-and-outs of hardware engineering.

What does it mean for Bitcoin if the really intelligent Jews avoid it and the only Jews that deal with Bitcoin are the ones that skew towards being criminally optimistic?

Am I criminally optimistic Jew ?

I sincerely hope so Cheesy The world has been vastly improved by criminally optimistic Jews like Albert Einstein and Murray Rothbard..

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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September 25, 2015, 04:54:04 PM

All this of course assumes an intelligent designer.
I would never make such an assumption.
This is very grim when we can't assume an intelligent designer even in the Spondoolies' thread.

No, I just wouldn't make the assumption in general.  Very few BGAs I've seen have had some thought put into ease of routing it out. Many of those are assumed to go onto 6+ layer boards with blind vias the norm, not the exception, and the internals instead designed to make life easier at the silicon level.

iirc, the RockerBox was similar in layout to the Minion chip I linked to - i.e. alternating gnd/pwr for most of the chip and i/o concentrated at one edge - just with fewer balls.  It's not entirely bad, but I can understand why e.g. sidehack would rather not go near it.  Still, that's a lot more 'intelligent' than some of the intel stuff that is a semi-random mess with two different ball pitches in die shadow / skirt .. at least for those needing to plunk it down on a board.

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September 25, 2015, 05:34:41 PM

Am I criminally optimistic Jew ?
How would I know? It is not for me to judge, I'm just an observer.

In the past, in the case I was sort-of-involved by being the company insider, it took around 7 years from the time certain executive made certain sales projections to that executive being sentenced for breach of the fiduciary duty. Of that 7 years the company was defunct/bankrupt for 5-6 years.

The difference between the sentenced executive and the other one who weren't charged was, as far as I could tell, only that he was the most secretive whereas the other always kept giving interviews and co-authoring published scientific papers.

The way the lawyers explained it to me is that there's wide gray area between investing and gambling. Obviously there's no such actual charge as "criminal optimism", but it is an useful shorthand to how the courts decide in similar cases.

Please comment, critique, criticize or ridicule BIP 2112: https://bitcointalk.org/index.php?topic=54382.0
Long-term mining prognosis: https://bitcointalk.org/index.php?topic=91101.0
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September 25, 2015, 05:39:00 PM

Am I criminally optimistic...

Dogie was barking about some outstanding commissions, apparently.
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September 25, 2015, 05:52:00 PM

Am I criminally optimistic...

Dogie was barking about some outstanding commissions, apparently.

I'm sure they can sort this out on Skype, e-mail or PM when the sweet nectar of income is flowing. I'm guessing dogie isn't at the top of their list of creditors either.

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