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

[dogie]

Do you have a resource for this or is it speculation? I am sincerely curious as I do not understand why they would not have a miner in hand. It is obvious they have the talent, either have or can get the money, and anything else needed.

Found the problem

[Searing]

Do you have a resource for this or is it speculation? I am sincerely curious as I do not understand why they would not have a miner in hand. It is obvious they have the talent, either have or can get the money, and anything else needed.

Found the problem

just a note on what I see as an issue from spondoolies point of view is if they PAID Doggie say...the amount owed..they would have to pay a LOT of folk on this (not as much but still others would have $$$ coming say for a couple miners promoted under that old plan) .. they also would have to pay or compensate all the folk that had $$$ off coupons and/or $$$ off new equipment in the future maybe....in that they do not have new equip ...those folk have coupons worth 100's dollars off etc ...at this point in time they can't use..so anyway if Doggie wins ..it could be some real money to others..because a lot of people if my memory is right had discounts off the next miner product and such stuff of a similar manner above

anyway what I think I remember about all of the above

on Guy's behalf however I was refunded promptly (from forums I did not ask he pm'd me) 6.3k on some equip/hosting plan I likely could have ROI'd on...but had over done it with a 100 amp
service and 1 titan in the mix and was gonna have to host it and mentioned that this was probably not my 'wisest' move  in the forum post) anyway he pm'd me ..and without me asking ..said he'd refund the order (was a roadkill group order) if I needed to and was jam'd up....I was shocked and pleased he took the time to do so

anyway again the above is just what I think I remember and my view...I have no D...er won't go there ..I have no sides on this...just my experience with Guy and Spondoolies

I guess this is why they have lawyers and courts ...it will get resolved in some manner now I guess one way or the other

back to our continued lack of info on equipment from spondoolies and rabid speculation thread ...that we do so well...

[Wallbot]

Do you have a resource for this or is it speculation? I am sincerely curious as I do not understand why they would not have a miner in hand. It is obvious they have the talent, either have or can get the money, and anything else needed.

Found the problem

just a note on what I see as an issue from spondoolies point of view is if they PAID Doggie say...the amount owed..they would have to pay a LOT of folk on this (not as much but still others would have $$$ coming say for a couple miners promoted under that old plan) .. they also would have to pay or compensate all the folk that had $$$ off coupons and/or $$$ off new equipment in the future maybe....in that they do not have new equip ...those folk have coupons worth 100's dollars off etc ...at this point in time they can't use..so anyway if Doggie wins ..it could be some real money to others..because a lot of people if my memory is right had discounts off the next miner product and such stuff of a similar manner above

anyway what I think I remember about all of the above

on Guy's behalf however I was refunded promptly (from forums I did not ask he pm'd me) 6.3k on some equip/hosting plan I likely could have ROI'd on...but had over done it with a 100 amp
service and 1 titan in the mix and was gonna have to host it and mentioned that this was probably not my 'wisest' move  in the forum post) anyway he pm'd me ..and without me asking ..said he'd refund the order (was a roadkill group order) if I needed to and was jam'd up....I was shocked and pleased he took the time to do so

anyway again the above is just what I think I remember and my view...I have no D...er won't go there ..I have no sides on this...just my experience with Guy and Spondoolies

I guess this is why they have lawyers and courts ...it will get resolved in some manner now I guess one way or the other

back to our continued lack of info on equipment from spondoolies and rabid speculation thread ...that we do so well...

Bitcoin Home Mining is Dead... Incase you didn't get the Memo.

[mavericklm]

Missing the time when i was coming here for actual hardware discutions.....

[alh]

Missing the time when i was coming here for actual hardware discutions.....

I would agree with this as well. It's been "ages" since this thread has anything useful in terms of hardware. The SP50 miner seemed ripe for discussion, then nothing.....

P.S. I think @Searing is completely aware of the "home mining situation". Just read more of his posts on other threads.

[Searing]

Missing the time when i was coming here for actual hardware discutions.....

I would agree with this as well. It's been "ages" since this thread has anything useful in terms of hardware. The SP50 miner seemed ripe for discussion, then nothing.....

P.S. I think @Searing is completely aware of the "home mining situation". Just read more of his posts on other threads.

yeah previous posting of 'home mining is dead' i get it

yeah don't do BTC for home mining ..a very very slight angle if you ..do scrypt (me LTC) but ONLY if 2 things are possible (unlikely)

1) If you already have a big ass alcheminer or titan miner it is POSSIBLE with heat on house benefit last winter anyway and in my case 6 months out of year
4c decrease winter rates (for elec heating folk...and they are great space heaters the titans 85% of my house was heated with such in Minnesota)
or you are in say Texas (4c kwh) Oregoin (3c kwh) etc anyway killed 85% of house heated by titans and 4c off elec rate oct to may (6 months) then back up 4c kwh

2) You can find such a used 'unicorn' above ...use my method above (currently at 3100 watts 11 cubes) to heat house with home miner space heaters and get the
     electrical rate reduction for electric heat as primary heat option (hey they asked..i told the utility it was 'computer servers' they gave it to me anyway ...not sure it 'space heating'
     is supposed to go thru miners first ..but there you are..nice pleasent clueless electrical utility lady) Even offered to be inspected...nope 'rubber stamped it' at utility end lol


but yeah its dead..home mining indeed..but I managed maybe to get this into  Oct and one more winter...the guy in Oregon at 3c kwh hell he may mine OK till 2018 lol

but no way I could do this anymore with any Spondoolies unit ...probably even in Oregon and elec rates and certainly not hosting even in Canada at 8c kwh with the
expense of picking up any equip scrypt or otherwise ..would be quite the gamble and 2 above you'd practically have to be given a unit (scrypt) for free for it MAYBE
to make more then you could get just buying btc or ltc

anyway ...postponed the 'inevitable' for yet another year...but for purposes of this thread ...unless a sp50 "kit" comes out at a way way way reasonable home miner price

(why am I saying that ..our soon to be 'galactic overlords' will arrive with their 'crypto coin' first}

but yeah...the 'fat lady' has been singing on this for quite a while

well anyway back to this thread of hunting the 'supposed' SP 50 btc miner (great white whale quest)

ie myth or reality even if in a data hall only? Film at 11pm?


But it would be nice if AT LEAST they could show SP50 equipment and such details even if we can never afford such at their data halls ect....just saying

[dogie]

My opinion:
We missed some of the great action! BTCS *appears* to have paid nearly $200,000 to a company to court potential investors on their behalf... while generating just $500k revenue... and losing ~$25m in two years....

Advert for BTCS: https://www.youtube.com/watch?v=aIzm25IHRrw
Staged 'interview' with CEO: https://www.youtube.com/watch?v=ppOpZbDoDNw

Highlights (these are rough quotes + my opinion):

• Sitting down with jacket buttoned *sigh*
• 3,389% growth last year!!!!!
• Spondoolies acquisition is game changer
• Spondoolies is a leader in the mining section (despite not having anything to sell for a year)
• Spondoolies was there from the onset (eh?)
• Spondoolies did $28M revenue in 2014, raised $10M
• Definitive agreement took a while due to "negotiation"
• "Excited about the possibility of getting it done". Weird language.
• In reply to "How do you make money"? Costs $130-$140 to mine a bitcoin.
• They look to maximise their profit. Okay.
• Mining is the "cash cow" of the industry.
• Capacity is paid for, "just need to install the miners".
• On the purchase of Spondoolies, they plan to "design and build next generation servers to deploy in [their] facility". SP50s are just renderings.
• BTCS has only raised $6M? That doesn't seem right.
• BTCS will be "Fully funded" in 3-6 months.
• If they had raised $5M in the near year they'd have done $44M in revenue.
• "Biggest hurdle was getting through the SEC and the registration statement, they asked a lot of questions"
• Registered offering coming up.
• They want 15% of the network. At 1300PH today and 110TH per SP50, they'd have to magic up 2100 SP50s INSTANTLY to make that happen. Even at a $15k build price thats $31M of capital required. Someones fibbing.
• The CEO, Charles Allen is
  
  • an engineer (batchelors from Lehigh University)
  • MBA (from "Raymond A. Mason School of Business", ranked 74th in the US)
  • 8 years as various IB, regulatory specialist.

[RichBC]

My opinion:

• On the purchase of Spondoolies, they plan to "design and build next generation servers to deploy in [their] facility". SP50s are just renderings.

Which makes a complete mockery of the previous video from 6 Months ago when Charles was showing off the racks into which they were going to put the "New Spondoolies next gen SP50 as soon as they are off the assembly line"


Rich

[dogie]

My opinion:

• On the purchase of Spondoolies, they plan to "design and build next generation servers to deploy in [their] facility". SP50s are just renderings.

Which makes a complete mockery of the previous video from 6 Months ago when Charles was showing off the racks into which they were going to put the "New Spondoolies next gen SP50 as soon as they are off the assembly line"

But they've done the hard part by leasing an old factory, now all the need to do is install the servers! /s

[bitcoinbarron]

... Not forgetting waiting for Spondoolies to actually produce the mystical SP50.

I am still annoyed as I have 300a @ 240v (3x 100a feeds) of ultra cheep power that I just want to stack out with Spondoolies kit.

However I gave up holding my breath for Spondoolies servers a while back. On that note how long has it actually been since SP-Tech actually released anything? not including the SP50 obviously

In the mean time I am just sat buying batches of 12 S7's, which I don't particularly like compared to the SP3x series. but what else can I buy in all honesty?

regs

[dogie]

However I gave up holding my breath for Spondoolies servers a while back. On that note how long has it actually been since SP-Tech actually released anything? not including the SP50 obviously

~13th March 2015 they went out of stock of the last SP3Xs. Happy birthday, Spondoolies!

[bitcoinbarron]

However I gave up holding my breath for Spondoolies servers a while back. On that note how long has it actually been since SP-Tech actually released anything? not including the SP50 obviously

~13th March 2016 they went out of stock of the last SP3Xs. Happy birthday, Spondoolies!

Aha, thats convenient.

So potentially they haven't openly sold a server for a year now. Not good for a company thats only 3 years old!

oh well

[notlist3d]

... Not forgetting waiting for Spondoolies to actually produce the mystical SP50.

I am still annoyed as I have 300a @ 240v (3x 100a feeds) of ultra cheep power that I just want to stack out with Spondoolies kit.

However I gave up holding my breath for Spondoolies servers a while back. On that note how long has it actually been since SP-Tech actually released anything? not including the SP50 obviously

In the mean time I am just sat buying batches of 12 S7's, which I don't particularly like compared to the SP3x series. but what else can I buy in all honesty?

regs

You should not build out an area for a miner that is not out, that goes for any company not just SP.  But even when SP50 was talked about more they seemed like data center sales a customer with hobby level amount of electricity... was not on radar it did not seem.

I do miss this forum being about hardware though.  So I give you points for a hardware post in here.  But as far as what you can buy easily right now it's A6's and S7's.  Net gen...  is a good question.  But as far as easy to get it's all this gen.  If it makes sense will all depend on your electricity price.

[bittawm]

fuck these cunts...that is all

[dogie]

fuck these cunts...that is all

Anything in particular?

Edit: Weird VR tour video posted by BTCS https://www.youtube.com/watch?v=hkjhyUAO73w

[Wallbot]

 

  https://www.youtube.com/watch?v=hkjhyUAO73w&feature=youtu.be

Look at this it looks great

[Guy Corem]

http://bravenewcoin.com/news/bitcoin-and-blockchain-startups-booming-in-israel/

Happy Pi Day

[TuffToad]

Thank you Spondoolies-Tech and Happy PI day back at you.  Interesting article and a good read.

Lets hope that this community, will continue to support you all well on your 2016 endeavors.

Thank You for your time in advance,

  /s TuffToad

[kenshirothefist]

If anybody is looking for a few second hand spondoolies (5x SP20, 1x SP35):

https://bitcointalk.org/index.php?topic=1398529.0

https://bitcointalk.org/index.php?topic=1398523.0

[takagari]

http://bravenewcoin.com/news/bitcoin-and-blockchain-startups-booming-in-israel/

Happy Pi Day

Do you have any plan to talk to people on here ever again? or simply post news links?