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Author Topic: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs  (Read 1256279 times)
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Biodom
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September 26, 2015, 04:10:06 PM
Last edit: September 26, 2015, 04:28:31 PM by Biodom
 #13461

btc mining ended in Feb 2014 and likely my scrypt miner efforts will end around Feb 2015..
then I'll just sit on my hoard and brood about daily price madness on btc and ltc and hope like the rest of us it does not go tulips/beanie baby/etc Smiley

well, the way i see it, if I just buy and hold bitcoin, I get absolutely nothing from this as far as experiences or future memories are concerned.
if bitcoin becomes a pile of digital dust (hopefully, not), then at least you can remember those days, while if you simply buy it and it goes down, then it's just another bad investment. So, I will try to use something for mining and/or learning, maybe a fancy stick, or a needlessly criticized "bitcoin computer" or something else entirely.
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September 26, 2015, 06:16:16 PM
 #13462

Has anyone asked yet why the pics show 9 psu, but the specs say 10?
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September 26, 2015, 06:24:43 PM
 #13463

well, the way i see it, if I just buy and hold bitcoin, I get absolutely nothing from this as far as experiences or future memories are concerned.

Let us hope your future memories are not plagued with people pointing out the financial folly with respect to rationalizing such purchases.

if bitcoin becomes a pile of digital dust (hopefully, not), then at least you can remember those days

... where you bought low, hodl'd, and sold a fraction of a Bitcoin at some future date at way more than you could have imagined.

So, I will try to use something for mining and/or learning, maybe a fancy stick, or a needlessly criticized "bitcoin computer" or something else entirely.

As long as you go into it with the understanding that you are not going to make back whatever you spent on the device - not placing any value on any "fun" or learning you would derive from the purchase - go hog wild !

</curmudgeon-mode>
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September 26, 2015, 06:44:37 PM
 #13464

Has anyone asked yet why the pics show 9 psu, but the specs say 10?

There are definitely 10. One is slightly obscured in the picture but its there.

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September 26, 2015, 06:56:35 PM
Last edit: September 27, 2015, 02:28:57 AM by Biodom
 #13465

well, the way i see it, if I just buy and hold bitcoin, I get absolutely nothing from this as far as experiences or future memories are concerned.

Let us hope your future memories are not plagued with people pointing out the financial folly with respect to rationalizing such purchases.

if bitcoin becomes a pile of digital dust (hopefully, not), then at least you can remember those days

... where you bought low, hodl'd, and sold a fraction of a Bitcoin at some future date at way more than you could have imagined.

So, I will try to use something for mining and/or learning, maybe a fancy stick, or a needlessly criticized "bitcoin computer" or something else entirely.

As long as you go into it with the understanding that you are not going to make back whatever you spent on the device - not placing any value on any "fun" or learning you would derive from the purchase - go hog wild !

</curmudgeon-mode>

gosh, someone is grumpy on a weekend... Wink
I have seen many investments turn to an absolute manure, but you have to be in risky investments to have a good return, as you know.
I am quite enjoying my S7 so far, and did enjoy Sp20 tremendously, but I could never host SP30 at home-had to do hosting.
regarding "making some"-it largely depends on a timeframe and on whether you count in BTC or in $$. I always count starting in $$, not BTC, it makes everything simpler.
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September 27, 2015, 12:07:47 PM
 #13466

Indeed.

any good investment gotta be a risky investment.

To take advantage of your best chances you gotta make some research, calculation, comparation and alot others factors aswell.



I Count aswell in "real money" as main priority is to pay bills.

Secondary is the profit.


I always count 3x profit = is good.

2x profit = decent aswell.

1x = profit = 0 profit , as you need to pay bills, in this case electricity will consume all your income, making your profit = 0 .



Anyone who do not take risk in a market were the profit can be huge then , that market is not adecuated for that person.

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September 27, 2015, 12:15:26 PM
 #13467



As long as you go into it with the understanding that you are not going to make back whatever you spent on the device - not placing any value on any "fun" or learning you would derive from the purchase - go hog wild !

</curmudgeon-mode>

I don't know where you get the statement that you won't make anything back....IF mining were not profitable NO ONE would do it.  Now granted you shouldn't go into it if you pay crazy rates for power, but if your power rate is reasonable then you most certainly can make money mining.  Accounting for the diff going up at $25k per unit the SP50 would pay for itself it in less than 9 months.  Everything after that is profit.  Even if the diff shot WAY WAY up so what. Instead of taking 9 months to ROI it takes 12 months. The point is, as with any investment, you have to be patient.
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September 27, 2015, 12:49:58 PM
 #13468

There have been many times in the past when mining was not profitable.

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September 27, 2015, 03:38:05 PM
 #13469



As long as you go into it with the understanding that you are not going to make back whatever you spent on the device - not placing any value on any "fun" or learning you would derive from the purchase - go hog wild !

</curmudgeon-mode>

I don't know where you get the statement that you won't make anything back....IF mining were not profitable NO ONE would do it.  Now granted you shouldn't go into it if you pay crazy rates for power, but if your power rate is reasonable then you most certainly can make money mining.  Accounting for the diff going up at $25k per unit the SP50 would pay for itself it in less than 9 months.  Everything after that is profit.  Even if the diff shot WAY WAY up so what. Instead of taking 9 months to ROI it takes 12 months. The point is, as with any investment, you have to be patient.

they should price it at $25K and stay there, but they won't, unless something changed with their approach to pricing.
Historically, SPT priced initial batches way high, then precipitously cut back on pricing-not a very good policy from the initial customers perspective.
You were basically penalized for buying early, which is not good-you want your enthusiasts to stay engaged.
$25K price would generate a tremendous demand, in my opinion, while pricing it at 40K-45K-much less.
we also don't know their manufacturing capabilities, maybe they cannot even manufacture enough when priced at $25K.
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September 27, 2015, 04:51:57 PM
 #13470

is the price revealed ?? 100 btc is correct ?
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September 27, 2015, 05:25:18 PM
 #13471

No it isn't, just speculation.
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September 27, 2015, 05:39:44 PM
 #13472

No it isn't, just speculation entirely made up.

Fixed

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September 27, 2015, 05:44:24 PM
 #13473

Has anyone asked yet why the pics show 9 psu, but the specs say 10?

There are definitely 10. One is slightly obscured in the picture but its there.

I see it now.  The cord holders were blocking it.
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September 28, 2015, 05:06:11 AM
 #13474

is the price revealed ?? 100 btc is correct ?

More like 200 btc

Project Apollo: A Pod Miner Designed for the Home https://bitcointalk.org/index.php?topic=4974036
FutureBit Moonlander 2 USB Scrypt Stick Miner: https://bitcointalk.org/index.php?topic=2125643.0
LTC:LX5vpxrQE4eLRLPobKwZhw2comkKFCh3p4 - BTC:14w9Lea6kdVzspJk8TQRe7qSYu9LhzJJsh
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September 29, 2015, 06:31:00 PM
 #13475

still no word on the prices?

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Dr Charles
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September 29, 2015, 07:07:54 PM
 #13476

still no word on the prices?

nope not yet. All silent on the front

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September 29, 2015, 07:19:45 PM
 #13477

still no word on the prices?

nope not yet. All silent on the front

Looks to me like Bitmain reduced to some extent the top possible price, since they lowered the price of Batch 2 & 3 of the S7. Spondoolies would seem to have less room to maneuver now in terms of price (IMHO).  
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September 29, 2015, 07:33:30 PM
 #13478

still no word on the prices?

nope not yet. All silent on the front

Looks to me like Bitmain reduced to some extent the top possible price, since they lowered the price of Batch 2 & 3 of the S7. Spondoolies would seem to have less room to maneuver now in terms of price (IMHO).  

Yeah, but the S7 is still too expensive for a used & dusty miner.
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September 30, 2015, 11:05:37 AM
 #13479

still no word on the prices?

nope not yet. All silent on the front

Looks to me like Bitmain reduced to some extent the top possible price, since they lowered the price of Batch 2 & 3 of the S7. Spondoolies would seem to have less room to maneuver now in terms of price (IMHO).  

this. The SP50 would need to price in the range of 120-150BTC to compete

24" PCI-E cables with 16AWG wires and stripped ends - great for server PSU mods, best prices https://bitcointalk.org/index.php?topic=563461
No longer a wannabe - now an ASIC owner!
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September 30, 2015, 11:36:17 AM
 #13480

The SP50 would need to price in the range of 120-150BTC to compete

Surely you mean 80-90?  Cheesy
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