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Author Topic: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs  (Read 1256072 times)
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Bicknellski
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July 30, 2014, 12:49:52 PM
 #4841

Dear Customers,

After a close inspection of the first ASICs, I'm pleased to announce that the ASICs are fully functional.  Made from industrial grade, sophisticated hardware, the SP30 is now the best mining rig available in the market.

For units produced up to and including September, the SP30's hash rate will be 4.5TH/s +- 5%. Power consumption will be 3KW at the wall.

With additional tuning of the production process for October and onwards, we expect future SP30s to deliver a hash-rate of 5.5 +- 5%, with power consumption of 3KW at the wall.

For customers who have already placed orders and are awaiting delivery, our priority is to ensure on-time delivery of your machines so you can immediately start seeing ROI. I am therefore very pleased to report that we will meet our original delivery schedule and provide all customers with on-time delivery.

For customers receiving units before October, we will adjust the price of your machines consistent with the 4.5TH/s +- 5% hash rate. Compensation will be based on preserving the $/GH ratio of the original deal. Starting in October, we will compensate you for the differential in hashing power according to each customer's preference. We will contact each and every one of you over the next few weeks to discuss your preferred method of compensation.

As always, we are at your disposal for any questions or inquiries.

We sincerely appreciate your loyalty and support as we continue to develop the world’s best mining products and services.

Best Regards,

Guy Corem

CEO

Thanks Guy.

I look forward to hearing from the SPTech team soon on the compensation.

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July 30, 2014, 01:06:50 PM
 #4842

As I have a first day order and shipping starts today, my unit should come online today.
When are you going to connect the hosted units?

We are handling todays shipping and then we connect machines that left here.
Same tomorrow.

Are you a member of Spoondolies-Tech team?

zvisha is our beloved FW developer.

Smiley

Sorry, it's a bit too crazy here to post pictures.
We are learning the ASICs behaviour and test systems today. You know, working ASICs are all alike, every broken ASIC is broken in its own way.
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July 30, 2014, 01:09:47 PM
 #4843

Sucks you don't get your refunds until October. That's a nice interest free loan that Spondoolies got from the community and now you don't have the option to buy competitors gear if you wanted since SP is holding onto your money for a few more months.  Roll Eyes
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July 30, 2014, 01:27:16 PM
 #4844

Sucks you don't get your refunds until October. That's a nice interest free loan that Spondoolies got from the community and now you don't have the option to buy competitors gear if you wanted since SP is holding onto your money for a few more months.  Roll Eyes

I agree and why not publish the compensation plan on the website.
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July 30, 2014, 01:28:05 PM
 #4845

Sucks you don't get your refunds until October. That's a nice interest free loan that Spondoolies got from the community and now you don't have the option to buy competitors gear if you wanted since SP is holding onto your money for a few more months.  Roll Eyes

i'm sorry but; you are clueless.
since when would I ever put all my eggs in one basket? since when would I put all my money into one purchase? since when are you the authority on what everyone else does with thier time/money/investment?

you just make it up as you go along. clueless.

now run along and stop your whinging.
I'm fed up of people who have nothing better to do with their time than complain about common hurdles which can often occur in life. If I had your attitude, i'd be afraid to leave my house in case I got hit by a bus. You do not endear yourself to me, and personally, I couldn't care less about your own predicament.

today is still a good day  Grin

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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July 30, 2014, 02:00:58 PM
 #4846

Here is the updated Hardware comparison chart/document.



Below is the link to the shared document that gives examples of hardware speculative returns factoring 10% and 20% network difficulty increase.

NOTE: If network difficulty stays below 20% then the document will be revised to 10% and 5% estimate results.

https://docs.google.com/spreadsheet/ccc?key=0AmeuPljmUNHCdEpqX2RmMDFwemJyLURVUWFtZ3J3aGc&usp=sharing
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July 30, 2014, 02:33:17 PM
Last edit: July 30, 2014, 02:57:01 PM by buckrogers
 #4847

so 4500gh at 3000 watts

okay that is .666 watts a hash .


made in Israel. .666 watts a hash. coincidence?

Speechless! Really?!  Huh

It's not pulling 3000. It's pulling 2910. So it's 646.

"Number 646 is a compilation of the energies and vibrations of number 6 and number 4, with number 6 appearing repeated, amplifying its influences.  Number 6 lends its attributes of stability and grace, acquisition, healing, love of home and family, protection, care and nurturing, solution-finding and problem-solving, reliability and responsibility, integrity and honesty.  Number 6 also relates to the material aspects of life.  Number 4 resonates with truth and integrity, practicality, working steadily towards achieving goals and aspirations, system and order, self-initiation, building solid foundations and enthusiasm coupled with determination. Number 4 also relates to the energies of the Archangels."

http://sacredscribesangelnumbers.blogspot.co.il/2011/10/angel-number-646.html


I like this explanation of the numbers Smiley

   
Email I just sent with response regarding their hosting prices remaining the same:

"That might make sense for you on your end regarding just the straight up power issue.

But for someone who owns one of these and is looking for affordable hosting, In their head they saw $500 a month to host my 6TH/s miner and figured out their ROI etc. now we are looking at a 4.5TH/s unit and that not being our fault but a design flaw, the ROI is now lower for that person to host the same gear for the same price.

So when people are looking for hosting if it will cost them more to host a unit than it will earn them ROI, that is not going to a be a wise choice for them. They need to figure out, OK its costing me "x" to host this for am month and I will earn "y" during that time, which gives me a profit of "z"

Basically : y-x=z

I would think since this all happened which may not be your fault entirely, one way of helping out your customers 'keep the faith' so to speak, is to reduce hosting costs for people who want to host their gear, not only as a sign of good faith, but as plain old good business.

Basically with the bump in power consumption and the reduction in TH/s the hosting plan just got worse and less attractive. Sometimes in order to make it work out for everyone, things need to be flexible and this could be part of a compensation plan option including whatever you have in mind.

Atah Mayveen? (you understand?)

let me know what you think."

The reply:
   
"Gadi Glikberg (Spondoolies Tech)
Jul 30 16:49

Thank you for bringing that to our attention.

We provide hosting at our own cost as a service to our customers.
Our small customer data center is located in Israel where electricity costs
are high and there are many other hosting options that are cheaper than
ours.

Your input is important to us and will consider adding a list of
recommended hosting facilities once we complete the plans for the
compensation plans.

Regards,

Gadi"

That's ok  as far a a nice PR response, but we would really need to see this compensation plan sooner rather than later(October) as you are shipping these units now...correct? and if we receive them as opposed to them being hosted by you, the we are on the hook for either scouting for a good hosting facility which may or may not be cheaper for 3Kw or the alternative to run them in our homes, and hire an electrician if needed to add the extra power to run a single 3Kw unit, while most of us here I would have to assume and say have more than this 1 miner (assuming all they bought is 1 SP30) in their arsenal.

So as a suggestion:
- Provide the compensation plan as soon as possible
- Distribute the actual compensation as soon as possible, why would it make any sense for anyone but ST to hold off with compensation if you are offering it anyways? at least this way people may have the opportunity to pay for another hosting option or 'hire' that electrician if needed.

You could always lower your own hosting plans, but as you mentioned above that is not an option.

Just some thoughts, as most people here I would think were expecting a higher performing machine with lower power consumption with a better ROI.

That's all. nothing personal against ST at all, I think you guys are great and cutting edge.

Just trying to make it seem fair for everyone involved.

Thanks!

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July 30, 2014, 03:12:07 PM
 #4848

Quote
That's ok  as far a a nice PR response, but we would really need to see this compensation plan sooner rather than later(October) as you are shipping these units now...correct? and if we receive them as opposed to them being hosted by you, the we are on the hook for either scouting for a good hosting facility which may or may not be cheaper for 3Kw or the alternative to run them in our homes, and hire an electrician if needed to add the extra power to run a single 3Kw unit, while most of us here I would have to assume and say have more than this 1 miner (assuming all they bought is 1 SP30) in their arsenal.

So as a suggestion:
- Provide the compensation plan as soon as possible
- Distribute the actual compensation as soon as possible, why would it make any sense for anyone but ST to hold off with compensation if you are offering it anyways? at least this way people may have the opportunity to pay for another hosting option or 'hire' that electrician if needed.

You could always lower your own hosting plans, but as you mentioned above that is not an option.

Just some thoughts, as most people here I would think were expecting a higher performing machine with lower power consumption with a better ROI.

That's all. nothing personal against ST at all, I think you guys are great and cutting edge.

Just trying to make it seem fair for everyone involved.

Thanks!
Fully agree here, luckily i just ordered one , and if hosting is going to cost over $600 per month I might as well find a local hosting company or run the miner from home, we really need to see what this compensation package is before the units ship.

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July 30, 2014, 03:16:18 PM
 #4849

Where are you paying 600$ to host a 3kW device?

That seems a bit excessive, even for a professional datacenter.
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July 30, 2014, 03:25:52 PM
 #4850

Sucks you don't get your refunds until October. That's a nice interest free loan that Spondoolies got from the community and now you don't have the option to buy competitors gear if you wanted since SP is holding onto your money for a few more months.  Roll Eyes

i'm sorry but; you are clueless.
since when would I ever put all my eggs in one basket? since when would I put all my money into one purchase? since when are you the authority on what everyone else does with thier time/money/investment?

you just make it up as you go along. clueless.

now run along and stop your whinging.
I'm fed up of people who have nothing better to do with their time than complain about common hurdles which can often occur in life. If I had your attitude, i'd be afraid to leave my house in case I got hit by a bus. You do not endear yourself to me, and personally, I couldn't care less about your own predicament.

today is still a good day  Grin

+1 My feeling exactly, very well worded!

Regards,

~Blaise

Hey man, can you spare some Teeth - GQZ1mXzbsviarDAjgGeVTRB5GmjyMtFj5N
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July 30, 2014, 03:37:04 PM
 #4851

We are reporting live from the datacenter:

My sp30 has just come online. Will keep you updated as this story unfolds.  Grin
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July 30, 2014, 03:40:24 PM
 #4852

We are reporting live from the datacenter:

My sp30 has just come online. Will keep you updated as this story unfolds.  Grin

yes please keep updates coming, graphs images of UI and asic performance over and undervolted etc  thanks in advance

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July 30, 2014, 03:42:25 PM
 #4853

Where are you paying 600$ to host a 3kW device?

That seems a bit excessive, even for a professional datacenter.

I was pharaprasing from the previous postster the rates offered in the past were around $290 per month with the units at 2kW so extrapolating at 3kW  thats closet the $500 or maybe over
just looking at the worst case scenario

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July 30, 2014, 03:52:45 PM
 #4854

I don´t have access to the webUI as the unit is behind the spondoolies firewall (and I have no immediate need to change it).

I can however give you quite accurate readouts from the pool stats.
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July 30, 2014, 03:53:09 PM
 #4855

Here is the updated Hardware comparison chart/document.



Below is the link to the shared document that gives examples of hardware speculative returns factoring 10% and 20% network difficulty increase.

NOTE: If network difficulty stays below 20% then the document will be revised to 10% and 5% estimate results.

https://docs.google.com/spreadsheet/ccc?key=0AmeuPljmUNHCdEpqX2RmMDFwemJyLURVUWFtZ3J3aGc&usp=sharing
Your prices and details of Bitmine are still not updated...
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July 30, 2014, 03:54:33 PM
 #4856

@ bitcoinoperatedboy

offtopic, please post in bitmine or return calculation thread

@general

Hosting for miners is typically in the 80-120$/kW/m range, so you shouldn´t get quoted more than 360$/m except on very short term contracts.
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July 30, 2014, 04:01:32 PM
 #4857

My SP30 is already visible at eligius:

Quote
256 seconds   5,115.93 Gh/s   304933   
128 seconds   4,326.21 Gh/s   128931

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July 30, 2014, 04:02:28 PM
 #4858

My SP30 has just started to mine, still need some time to show stats
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July 30, 2014, 04:11:29 PM
 #4859

My SP30 is already visible at eligius:

Quote
256 seconds   5,115.93 Gh/s   304933   
128 seconds   4,326.21 Gh/s   128931

4.5TH is a rip off.  Here is a perfect 'make-up' kit: just add 4X Antminer S3.  Viola!  Back in business.  Good thing we have China to save the day for the lack of engineering ability in Tel Aviv.  

Tel Aviv: no shortage of confidence - way short on hash rate and efficiency.  

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What's going on - Slavetards?!!!
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July 30, 2014, 04:15:59 PM
 #4860

@ bitcoinoperatedboy

offtopic, please post in bitmine or return calculation thread

@general

Hosting for miners is typically in the 80-120$/kW/m range, so you shouldn´t get quoted more than 360$/m except on very short term contracts.

Huh? It wasn't me who posted a chart with Bitmine... Have you actually clicked on the link?
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