[ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs

[p3yot33at3r]

Yeah I could sell the blades but I would like to mine with it ;-)

PM me if you decide to sell it - one of mine is having blade trouble.......

Can anyone tell me which pci power connector corresponds to which loop? I know I've seen a picture somewhere on the forum, but can't find it 

[alh]

Yeah I could sell the blades but I would like to mine with it ;-)

PM me if you decide to sell it - one of mine is having blade trouble.......

Can anyone tell me which pci power connector corresponds to which loop? I know I've seen a picture somewhere on the forum, but can't find it 

You might find it quicker to just conduct the experiment of disconnecting a PCIe plu and then powering it on and observe the result. I expect one of the loops also has to power the controller board.

[sloopy]

Evening all,

First post and all that, but have been following this thread for months now,

Do we know of the possibility of a group buy being set up? or is that out of the question.

I currently run a number of Spondoolies-tech SP3x series and would like to keep buying their kit due to the unrivalled build quality and form factor.

Kinda a guessing game when buying second hand kit.

Regards
Alex

I would LOVE to setup a group buy, as I think that is the only way I would get my hands on one of these machines.  The problem is that 1) without a published price, it would be impossible to arrange 2) without having all of the group buy participants and money together, SP won't acknowledge that I want to place an order and give me the necessary information 3) without SP giving their approval, I can't even say that they will sell to me if I did get 15 buyers together who wanted to purchase.

It appears the impression is that the units will sell for between 30-45K each and will be available in Q1 of 2016.  I would say if there's genuine interest among a dozen people who have that kind of $, I would love to host a group buy.  Unfortunately, I think it would have to be done blindly for the buyers, without knowing the actual price until all the BTC is collected and a deal has been made with Spondoolies.

In short, if you want 1 of these units, have ~$40K sitting around, and want to pledge it for a group buy of one of these machines, feel free to drop me a PM and let me know.  If there were a dozen people, I think it would warrant a conversation between myself and Spondoolies.

As mentioned, jtoomim would make for a great choice to host a GB as well, and I would be interested in joining that if it were made available also.

I would definitely be interested at some level. Obviously for many of us timing is everything. As much as I love my SPTeam I have to keep things moving more like a business lately and that isn't quite as fun, but still requires the appropriate decision. I will not be running anything over the S5+ efficiency. What is it .44 or .46? But I cannot wait until March of next year to be there.
I'm still working my SP20s and S5s I haven't sold but I am looking at exchanging that + cash to the best I can get. If that is S7 so be it. I believe the bigger the hash can be more important than the efficiency if it is within a reasonable amount because I am a dreamer. heh

I am defintely interested in doing something along this way, be it any size, but I would be as thorough as anyone if I don't see my miner, and if I don't have choices on mining locations that would be important. It could be difficult to rent shares from an SP50. Each person really needs one to themselves and then they work out deals with friends.

Keep me in mind though!

[dystopian]

Curious, has anyone updated cgminer on their SP20E to another version besides 4.7.0 that's in the 2.6.14 firmware?

[MarkItZero]

I would LOVE to setup a group buy, as I think that is the only way I would get my hands on one of these machines.

armed militia has been working on one since the start of september

https://bitcointalk.org/index.php?topic=1171705.0

looks like it's still in the planning stages but no sense starting a dozen smaller group buys when everyone can combine into one. The bigger the order the more discount we are likely to get from spondoolies.

As mentioned, jtoomim would make for a great choice to host a GB as well, and I would be interested in joining that if it were made available also.

I disagree. I think he'd be a terrible choice. If you go with toomim you are all but guaranteed to get hosed/overcharged. They still charge $95 a kilowatt! You would probably get a slightly better price than their walk-in rate but even that would likely be higher than $60-$70 which is what most legitimate hosters seem to charge now.

From what I can see armedmilitia is indepdent so he's not locked in to one overpriced hoster and appears to have already secured hosting rates that are almost half of what toomim charges. Regardless I would expect his group by to go with whatever hoster offers the best price/value whereas you can be guaranteed if toomim organizes a group buy it's getting hosted at toomim regardless of how much they are overcharging.

[dogie]

The bigger the order the more discount we are likely to get from spondoolies.

At MOQ you'll be getting list price, that's how it works.

[Finksy]

At MOQ you'll be getting list price, that's how it works.

Exactly, and meeting MOQ still means you need to round up upwards of $500K i would imagine; easier said than done.

[RoadStress]

At MOQ you'll be getting list price, that's how it works.

Exactly, and meeting MOQ still means you need to round up upwards of $500K i would imagine; easier said than done.

Where are you zefir with you Avalon magic that managed to raise 8M$+?

[OgNasty]

I would LOVE to setup a group buy, as I think that is the only way I would get my hands on one of these machines.

armed militia has been working on one since the start of september

https://bitcointalk.org/index.php?topic=1171705.0

That looks like some sort of hosted joint investment on an SP50.  I would like to find 5-10 individuals willing to each purchase 1 or more full units for themselves so that we can place an order with Spondoolies.  I have been in contact with 3 people who are willing to purchase multiple units already (if the price is as expected), but again, it appears Spondoolies is not particularly interested in entertaining sales talks at this time.

[dogie]

From latest SEC filing. Predicting $60M revenue for 2016 and generally SP50s in Q1 2016 as long as they can raise more money. I'd be very surprised if this filing wasn't specifically so they can provide the information to more potential investors.

[notlist3d]

From latest SEC filing. Predicting $60M revenue for 2016 and generally SP50s in Q1 2016 as long as they can raise more money. I'd be very surprised if this filing wasn't specifically so they can provide the information to more potential investors.

Thanks for sharing was a interesting read.  I'm surprised in Q1 only 500 SP50 is assumed.  Does not sound like a ton of miners but I guess they are massive in hashrate.

Will be interesting to see how correct they are on the number SP50's during Q1. I really want to see their having expectations.  That is the other numbers I want to see what the big companies assume.

[generalt]

From latest SEC filing. Predicting $60M revenue for 2016 and generally SP50s in Q1 2016 as long as they can raise more money. I'd be very surprised if this filing wasn't specifically so they can provide the information to more potential investors.

I'd be thrilled to see only a 6% monthly network difficulty increase.

[dogie]

From latest SEC filing. Predicting $60M revenue for 2016 and generally SP50s in Q1 2016 as long as they can raise more money. I'd be very surprised if this filing wasn't specifically so they can provide the information to more potential investors.

Thanks for sharing was a interesting read.  I'm surprised in Q1 only 500 SP50 is assumed.  Does not sound like a ton of miners but I guess they are massive in hashrate.

Will be interesting to see how correct they are on the number SP50's during Q1. I really want to see their having expectations.  That is the other numbers I want to see what the big companies assume.

It could be interpreted in a few ways but my interpretation is:

• Building 500 SP50s Q1 @ 10k cost each = need $5m funding
• Selling 500 SP50s Q1 = $14.6m = $29.2k each after any sales taxes
• Later on in the year.... deploying 500 SP50s = another $14.6m+ revenue
• Final $14.4m revenue from selling another 500 units.
• $18M costs for the year, $15m from unit and amortised chip costs, $3m fixed costs.

So from these numbers it appears that even if they could raise $5M, they're only predicting to make 1,500 SP50s over the year (165PH).

[Tupsu]

Thanks for sharing was a interesting read.  I'm surprised in Q1 only 500 SP50 is assumed.  Does not sound like a ton of miners but I guess they are massive in hashrate.

Will be interesting to see how correct they are on the number SP50's during Q1. I really want to see their having expectations.  That is the other numbers I want to see what the big companies assume.

500 x SP50 = 11 320 x S7 (maximum)

My already shipped 23  x S7 are today more than 1 x Sp50  
Three months earlier than Q1

[generalt]

500 x SP50 = 11 320 x S7 (maximum)

My already shipped 23  x S7 are today more than 1 x Sp50  
Three months earlier than Q1

It sounds like to me they have a little way to go to secure funding to even start making these units so I'm guessing late Q1 so even more like four to six months.

[notlist3d]

Thanks for sharing was a interesting read.  I'm surprised in Q1 only 500 SP50 is assumed.  Does not sound like a ton of miners but I guess they are massive in hashrate.

Will be interesting to see how correct they are on the number SP50's during Q1. I really want to see their having expectations.  That is the other numbers I want to see what the big companies assume.

500 x SP50 = 11 320 x S7 (maximum)

My already shipped 23  x S7 are today more than 1 x Sp50  
Three months earlier than Q1

You have a big advantage on time frame.  Only thing is once this is released if on spec it's "0.14 W/GHs".    That would be a significant amount of power savings

So really depends on when they ship which we don't really know.  Q1 leaves them quite a bit of time in crypto world.

[helipotte]

Curious, has anyone updated cgminer on their SP20E to another version besides 4.7.0 that's in the 2.6.14 firmware?

Interested in this as well.  Installed 2.6.4 on an sp31, no change to cgminer.

[padrino]

Thanks for sharing was a interesting read.  I'm surprised in Q1 only 500 SP50 is assumed.  Does not sound like a ton of miners but I guess they are massive in hashrate.

Will be interesting to see how correct they are on the number SP50's during Q1. I really want to see their having expectations.  That is the other numbers I want to see what the big companies assume.

500 x SP50 = 11 320 x S7 (maximum)

My already shipped 23  x S7 are today more than 1 x Sp50  
Three months earlier than Q1

This is a weak point no matter when it's made since we can play that same game from the days of GPU mining, the Jupiter, S1, on and on...

[generalt]

Curious, has anyone updated cgminer on their SP20E to another version besides 4.7.0 that's in the 2.6.14 firmware?

Interested in this as well.  Installed 2.6.4 on an sp31, no change to cgminer.

If you change the ExtraFlag setting to 2 for extranone and restart it switches over to cgminer 4.8.0 if that helps at all.

[dystopian]

Curious, has anyone updated cgminer on their SP20E to another version besides 4.7.0 that's in the 2.6.14 firmware?

Interested in this as well.  Installed 2.6.4 on an sp31, no change to cgminer.

If you change the ExtraFlag setting to 2 for extranone and restart it switches over to cgminer 4.8.0 if that helps at all.

Thanks for the tip, worked for me!