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

[wh00per]

Even there, the electricity is more expensive than 3 cents per kwh. Definitely a typo.

.. and the 400x efficiency is estimated only. With all the former estimates under the belt, if it's 200x I'd be happy for them.

Merry Christmas!

[ACAB]

Is this SP50 still in production or have they already started to mine? Is the last 2 huge diff increase about these machines?
Sorry if asked before, thread is so long but I haven't read anything about that.

[opmac]

Badly need hel getting my SP10 Dawson rig going again.
I have done a recovery on it and everything no luck.

Hostname
miner-FL1414000700
MAC address
88:33:14:FA:AB:4D
Hardware Version
SP10 Dawson
FW Version
2.5.43
CGMiner Version
NA
CGMiner Status
Not running
MinerGate Status
Running


I get a CGMiner status not running

Here is the ASIC stats page


Uptime:1 | FPGA ver:62
-----BOARD-0-----
PSU[UNKNOWN]: 0->(0w/0w)[0 0 0] (->0w[0 0 0]) (lim=288) 0c 0GH cooling:0/0x0
-----BOARD-1-----
PSU[NEW-MURATA]: 0->(0w/0w)[0 0 0] (->0w[0 0 0]) (lim=288) 0c 0GH cooling:0/0x0
-----BOARD-2-----
PSU[UNKNOWN]: 0->(0w/0w)[0 0 0] (->0w[0 0 0]) (lim=288) 0c 0GH cooling:0/0x0
-----BOARD-3-----
PSU[UNKNOWN]: 0->(0w/0w)[0 0 0] (->0w[0 0 0]) (lim=288) 0c 0GH cooling:0/0x0
LOOP[0] OFF TO:0 ((null))
0: disabled ((null))
1: disabled ((null))
LOOP[1] OFF TO:0 ((null))
2: disabled ((null))
3: disabled ((null))
LOOP[2] OFF TO:0 ((null))
4: disabled ((null))
5: disabled ((null))
LOOP[3] OFF TO:0 ((null))
6: disabled ((null))
7: disabled ((null))

[H:HW:0Gh (500),W:0,L:0,A:0,MMtmp:0 TMP:(24)=>=>=>(0,0)]
Pushed 0 jobs , in HW queue 4 jobs (sw:0, hw:0)!
min:0 wins:0[this/last min:0/0] bist-fail:0, hw-err:0
leading-zeroes:0 idle promils[s/m]:0/0, rate:0gh/s asic-count:0 (wins:0+0)
Fan:0, conseq:0
AC2DC BAD: 0 0
R/NR: 0/0
RTF asics: 0
FET: 0:250 1:250
 0 restarted      0 reset          0 reset2         0 fake_wins
 0 stuck_bist     0 low_power      0 stuck_pll      0 runtime_dsble
 0 purge_queue    0 read_timeouts  0 dc2dc_i2c       0 read_tmout2    0 read_crptn
 0 purge_queue3   0 bad_idle
 0 err_murata
No Adapter



Thanks for any insight!!!

[klondike_bar]

^whats the log page(s) say? should give a deatailed log as it boots, and ideally will tell what failure was encountered.

[Wallbot]

http[Suspicious link removed]cutives-donate-personal-shares-to-benefit-the-chamber-of-digital-commerce-otcqb-btcs-2085213.htm

Always Nice to see.

[dogie]

Always Nice to see.

Actual link: http://www.marketwired.com/press-release/btcs-executives-donate-personal-shares-to-benefit-the-chamber-of-digital-commerce-otcqb-btcs-2085213.htm

ARLINGTON, VA--(Marketwired - Jan 4, 2016) - BTCS Inc. (OTCQB: BTCS) ("BTCS" or the "Company"), a blockchain technology focused company which secures the blockchain through its transaction verification services business, announced its CEO and COO have donated shares of BTCS common stock from their personal holdings, currently valued at 50,000, to the educational affiliate of the Chamber of Digital Commerce (http://www.digitalchamber.org/).

Charles Allen, chief executive officer of BTCS, stated, "The support the Chamber provides to our industry is invaluable, and we're pleased to be in a position to give back to support their mission. As our success continues, we hope to help the work of other qualified non-profit organizations that back the burgeoning blockchain technology and digital currency industries." Allen further stated "We are thrilled with the Chamber's efforts in North Carolina and the recent guidance provided by the North Carolina Commissioner of Banks which clearly exempts our transaction verification service business from requiring a money transmitter license."

The Chamber of Digital Commerce is a Washington, DC-based trade association representing the digital asset industry. Its mission is to promote the acceptance and use of digital assets and related technologies. Through education, advocacy, and working closely with policymakers, regulatory agencies and industry, the Chamber of Digital Commerce's goal is to develop a pro-growth legal environment that fosters innovation, jobs and investment.

Perianne Boring, founder and president of the Chamber stated, "Regulatory risk continues to be one of the greatest hurdles to widespread adoption of blockchain-based technologies. With the support of BTCS and our members, the Chamber helps facilitate the enactment of responsible, prudent legislation and regulation, which helps support the vitality of the industry. The Chamber is grateful for the generous gift from Mr. Allen and Mr. Handerhan, and for their partnership in helping to advance the public-private sector dialogue."

"With the recent successful closing of our financing, BTCS is now well-positioned for continued growth," stated Michal Handerhan, chief operating officer of BTCS. "Charles and I believe this share donation is a way for the Chamber to share in our success as we move forward."

Losing investor money hand over fist, unable to pay their debts but still giving away money - makes sense. There's no accomneying SEC filling so its hard to know what portion was actually their personal holdings and what portion came from the "lets give ourselves ridiculous stock options and hope no one notices".

[pinhead666]

SP31 likes cold. It's hashing at it's best hashrate ever, now when temperature here is -30C. It was little colder last night and I had to unplug and restart one psu  .

[mavericklm]

same for all spondolies miners! got sp30 and sp20 and they love the cold

even better after reapplying the thermal paste!
the original is too bad and too old!

[bomberb17]

Because I have my SP30 in a small room where the temperature rises above 40oC during daytime, I've made the following scripts to better schedule it to run only during nighttime:

SSH to SP30, run crontab -e and add these lines

Code:

55 15 * * * /etc/./start_mining.sh >> /etc/voltage.log
2 6 * * * /etc/./stop_mining.sh >> /etc/voltage.log
15,45 * * * *  /etc/throttle.sh

vi /etc/start_mining.sh
#!/bin/sh

Code:

echo
date
/usr/local/bin/change_voltage 630
echo "630" > /etc/voltage_flag.txt
echo

vi /etc/stop_mining.sh

Code:

#!/bin/sh

echo
date
/usr/local/bin/change_voltage 0
echo

and this script for throttling the miner according to ambient temperature, and stop if if it exceeds 40oC
vi  /etc/throttle.sh

Code:

#!/bin/sh

#echo
#date
#/usr/local/bin/change_voltage 620
#echo

jsonValue() {
KEY=$1
num=$2
awk -F"[,:}]" '{for(i=1;i<=NF;i++){if($i~/'$KEY'\042/){print $(i+1)}}}' | tr -d '"' | sed -n ${num}p
}


json=`curl -u admin:admin http://127.0.0.1/monitor.php`
tempfront=`echo $json | jsonValue Temperaturefront`
#echo $tempfront

#tempfront=33
read flag < /etc/voltage_flag.txt

if [ -z "$tempfront" ]; then

        exit 1
fi

if  [ "$tempfront" -gt 37 -a "$tempfront" -le 40 -a "$flag" -ne 620 ]; then
        echo "620" > /etc/voltage_flag.txt
        echo "Temp on `date` is $tempfront, setting voltage to 620" >> /etc/throttle.log
        /usr/local/bin/change_voltage 620
fi

if  [ "$tempfront" -gt 40 ]; then
        echo "0" > /etc/voltage_flag.txt
        echo "Temp on `date` is $tempfront, stopping miner!" >> /etc/throttle.log
        /usr/local/bin/change_voltage 0
fi

if  [ "$tempfront" -lt 34 -a "$flag" -ne 630 ]; then
        echo "630" > /etc/voltage_flag.txt
        echo "Temp on `date` is $tempfront, setting voltage to 630" >> /etc/throttle.log
        /usr/local/bin/change_voltage 630
fi

The only thing I don't know yet is how to get only one of the 2 boards working (either top or bottom).
Any ideas?

[dogie]

The only thing I don't know yet is how to get only one of the 2 boards working (either top or bottom).
Any ideas?

Disable all the loops on that board? Don't know how that's coded though.

[el_rlee]

Sorry for asking should this have been answered before... Is there any actual proof that the chips for the SP50 are finished?
If so why they don't just sell chips if in need of money?

I just can't understand the SP management decisions since they partnered with the slimy rip-off company that Genesis Mining is.

@dogie what's the status on the sales commission they owe you?

[dogie]

Sorry for asking should this have been answered before... Is there any actual proof that the chips for the SP50 are finished?
If so why they don't just sell chips if in need of money? I just can't understand the SP management decisions since they partnered with the slimy rip-off company that Genesis Mining is.

No.

@dogie what's the status on the sales commission they owe you?

Unpaid, negotiations with their lawyers were a joke, update soon.

[sabercatt]

I had two guys I know each offer over a million dollars to purchase or invest, and they responded that they weren't interested but would keep their info for the future.

[dogie]

I had two guys I know each offer over a million dollars to purchase or invest, and they responded that they weren't interested but would keep their info for the future.

Purchase I can understand, BTCS have theoretical dibs on everything so its not their [pretending Spondoolies is separate] decision. But saying no to investment, the fuck?

[bomberb17]

The only thing I don't know yet is how to get only one of the 2 boards working (either top or bottom).
Any ideas?

Disable all the loops on that board? Don't know how that's coded though.

Yes that would be a solution.. Anyone who might know how to extract the code to disable/enable ASICS from its Web page?

[mavericklm]

Hello, hello!

Friend of mine is saying that he's got problems with his sp31.

Miner has green leds on both psu, normal activity on the network leds, and the front 2 leds are like this: green totally off and orange is blinking 3 times!

He has tried myminer.io but no miner in there! ip scanner but no ip of the miner! So he can't access his miner

Miner was ok few weeks back! sadly was left unattended...

Please advise!

Thank you!

[dogie]

Please advise!

Is it restarting every 2-3 minutes (you'd hear it)? Any luck with the recovery SD card?

[mavericklm]

He is saying that it kind of does go full fan speed every few minutes.

Gave him this link: http://www.spondoolies-tech.com/blogs/technical-blog/13098521-sp10-sp2x-sp3x-recovery-sd-card-boot-sd-card-creation-instructions

i hope he manages

[dogie]

He is saying that it kind of does go full fan speed every few minutes.

Gave him this link: http://www.spondoolies-tech.com/blogs/technical-blog/13098521-sp10-sp2x-sp3x-recovery-sd-card-boot-sd-card-creation-instructions

i hope he manages

Should be okay then, its sitting there idle with messed up network settings. The SD card should fix it.

[dogie]

My take on the latest press release:

• They generated ~1800btc last calendar year = very roughly $700k
• They have approximately $400k of hardware @0.2$/GH
• This hardware is generating $3500 a day at a cost of $1300 a day
• They're paying an investment banking firm to help them uplist their broke ass company to a major exchange (xD)
• They expect to mine just 600 bitcoins in 16Q1
• They can no longer claim 1700% growth from nearly nothing to > nearly nothing

ARLINGTON, VA--(Marketwired - Jan 12, 2016) - BTCS Inc. (OTCQB: BTCS) ("BTCS" or the "Company"), a blockchain technology focused company which secures the blockchain through its transaction verification services business, generated 1,797 bitcoins for the year ended December 31, 2015 from its transaction verification services, an increase of 3,389% over total bitcoins earned in 2014.

"While we are pleased to report significant percentage growth in bitcoins earned during 2015, the real story of our success over the past year is the strong foundation we built for our business moving forward," stated Charles Allen, CEO of BTCS. "Our refined operational focus on blockchain technologies has led to a rapid build-out of capacity at our North Carolina facility, and with our definitive merger with Spondoolies-Tech Ltd. now in place, we are well-positioned for continued growth in 2016."

The Company's recently completed round of financing has enabled it to grow its transaction verification business to approximately 1800 TH/s, an increase of more than 100% compared to the 891 TH/s in place through most of 2015. Operating at the increased hash rate the Company will use approximately 0.95 megawatts ("mw") of its 3mw capacity.

Allen continued, "With the transaction verification servers we are running today, we believe we are on track to generate over 600 bitcoins in the first quarter of 2016. The remaining unused capacity we have in place provides ample room for planned growth with minimal added expense as we pursue a substantial financing with the goal of uplisting to a major exchange."

The Company engaged Chardan Capital Markets, LLC, a privately held investment banking firm with a focus on small-cap and mid-cap markets, to advise the Company on potential transactions that could lead to an up listing on a major exchange.

The additional capital expected to be raised from a future offering will enable BTCS to further capitalize on the significant opportunity within the growing blockchain technology space. Recently heralded in a cover story in The Economist for its potential to "transform how the economy works," blockchain technologies are forecasted to impact nearly every industry that relies on safe and secure transactions.

*disclaimers removed*