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

[RoadStress]

Same here. Got my delivery e-mail now! raskul was right. Today was a good day and I'm happy 

No email here what was your order # ?

#10XX. Got a July batch order too?

[1714329812]

1714329812

[1714329812]

1714329812

[1714329812]

1714329812

[1714329812]

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[R4v37]

Looks like Guy was right, bitfury did just build another 20MW datacenter.

http://venturebeat.com/2014/07/30/bitfury-announces-hosted-mining-services/

It's a bit unclear whether it's already filled with hardware or not.

Also noticed "Some 40 percent of all Bitcoins are mined using BitFury chips." and "BitFury has an impressive track record, having successfully delivered three prior generations of silicon and has a roadmap to at least double performance-per-watt every six months. "

so... maybe we should stick to Bitfury now?

argghhh, too many SCAMS lately... cant decide which one hahaha

[bobsmoke]

Hello,
I doubt someone wants to get rid of the SP30, but If someone would like to sell its SP30 groupby due to the latest news, I would be glad to buy it.
PM please.

[Marvell1]

Same here. Got my delivery e-mail now! raskul was right. Today was a good day and I'm happy 

No email here what was your order # ?

#10XX. Got a July batch order too?

my order is #12xx s I ordered through your grp buy, I've emailed sales several time about the shipping address they have for me which is incorrect to no avail.

Jul 29 23:09

Hi there I just wanted to note the address for my shipping is incorrect for my Order #xxxx
 
Placed on May 07, 2014 10:56PM
Billing Address
Payment Status: paid

[RoadStress]

Same here. Got my delivery e-mail now! raskul was right. Today was a good day and I'm happy 

No email here what was your order # ?

#10XX. Got a July batch order too?

my order is #12xx s I ordered through your grp buy, I've emailed sales several time about the shipping address they have for me which is incorrect to no avail.

Jul 29 23:09

Hi there I just wanted to note the address for my shipping is incorrect for my Order #xxxx
 
Placed on May 07, 2014 10:56PM
Billing Address
Payment Status: paid

I am sure this will be taken care in a few days before shipping for my GB starts.

[xstr8guy]

Looks like Guy was right, bitfury did just build another 20MW datacenter.

http://venturebeat.com/2014/07/30/bitfury-announces-hosted-mining-services/

It's a bit unclear whether it's already filled with hardware or not.

Also noticed "Some 40 percent of all Bitcoins are mined using BitFury chips." and "BitFury has an impressive track record, having successfully delivered three prior generations of silicon and has a roadmap to at least double performance-per-watt every six months. "

Much of that 40% is Ghash/Cex private farm.

[Syke]

Compensation will be based on preserving the $/GH ratio of the original deal.

Not enough. You also missed the promised J/GH rating. That directly ties into how long these machines will be run. Lower J/GH means they must be turned off earlier. Please consider this failure in your compensation calculation.

[kkurtmann]

Compensation will be based on preserving the $/GH ratio of the original deal.

Not enough. You also missed the promised J/GH rating. That directly ties into how long these machines will be run. Lower J/GH means they must be turned off earlier. Please consider this failure in your compensation calculation.

this seems fair. this is what CT should have done instead of nothing but a big FU

[Biffa]

@BitcoinPappi -

Let me know what you find out by PM from either RoadStress or SP-Tech.  
Im done following or posting in this thread.  When you get word let me know and Ill
send you the order number to work with them to transfer to you.

hardhouseinc: You already have a buyer for this device. Your word must mean something surely if everyone elses means so much.

[buckrogers]

We have an order for 1 SP30 that is to be shipped to us, and was wondering if it could be switched to hosted and setup before you actually ship it out as we were looking to get online with it sooner rather than later.

Please let me know, costs and if that is an option.

Also can an order be transferred from one customer to another person? and if so, would the compensation and everything else involved with the SP30 be simply setup under the new users account information?

Thanks!

[ZiG]

SP-tech "pooped in their pants" this time...

But they don't want to admit it...

Good luck and happy mining with SP30, guys...

I'm betting on SP30...

ZiG

[buckrogers]

SP-tech "pooped in their pants" this time...

But they don't want to admit it...

Good luck and happy mining with SP30, guys...

I'm betting on SP30...

ZiG

There is still time for them to make it right by their customers...dont give up hope just yet.  when its time to give up hope, then, we can put them in the category list of KNC type companies.

[Guy Corem]

Looks like Guy was right, bitfury did just build another 20MW datacenter.

http://venturebeat.com/2014/07/30/bitfury-announces-hosted-mining-services/

It's a bit unclear whether it's already filled with hardware or not.

Also noticed "Some 40 percent of all Bitcoins are mined using BitFury chips." and "BitFury has an impressive track record, having successfully delivered three prior generations of silicon and has a roadmap to at least double performance-per-watt every six months. "

The Georgian DC is filled with hardware. They're working on the next one now.
Three generations of silicon are rev1, rev2 and LightFury, all 55nm custom made, UMC
Roadmap is nice, execution is lacking. Valery's full custom unique method is extremely challenging on the more advanced nodes. As I wrote, they're scrapped their 20nm effort after investing a lot of time on it.
They have enough money (endless...) to hired top notch designers though. 2015 will be interesting.

[2112]

Valery's full custom unique method is extremely challenging on the more advanced nodes. As I wrote, they're scrapped their 20nm effort after investing a lot of time on it.

The "challenge" you talk about: is this just due to BSIM4 models being much more complex than BSIM3 models?

Or is there another component or free variables that make their design methodology more challenging?

The way I understood them they did 55nm-drawn transistors using 65nm-nominal process (or similar step down).

Or maybe you are just talking that the analog design is more challenging than the digital design?

[Bicknellski]

Gees... This seems bad, however I have to wonder how long this can be sustained. There are so many what ifs I guess.

I wonder how much they are deploying at a time.

BitFury rhythm is about 10-20MW every two months. The 25% three jumps ago was their 20MW Georgian DC.

Not so long. Their hardware is outdated. They wasted too much time playing with LightFury (scrypt 55nm ASIC).

List of recent failures:
- Still didn't TO their custom UMC 40nm effort (AFAIK, unconfirmed)
- Scrapped big 28nm ASIC on Thermals. They got burnt from big ASICs and keeping the small ASICs design approach.
- Scrapped 20nm custom ASIC effort. "Too complicated and takes too much time". Straight from the horse mouth.
- Starting again a fully custom 28nm ASIC

Loool, you just failed yourself in a big way and still have a big mouth pointing at other companies.
Better care for your own company.... Never seen a company talking so much bad about others as you do. Thats not the way to do business.

From all the ASIC companies, BitFury is the company I have most respect to. Good tech, usually very smart moves.
Self mining on a much larger scale than KNC, which I find very problematic.

BitFury is a good competition. They have 1.5 years head start on us, and daily revenues of $0.5M
We like the challenge.

Revealing some of the stuff going on behind the scene is bad ? I'm giving the customers more information, so they'll do an informed decision.

Indeed, we had a production issue. RockerBox will fulfill our expectations in October.

Going to sleep,
Guy

Nice to have competition and being aware of the T in the SWOT hope that will push you on to a more efficient and cheaper chip! 2015 will be a watershed especially if BTC price fails to migrate up.

[Jatenocide]

Hi,
If someone would like to sell its SP30 due to the latest news, I'm glad to buy it from you.
PM me please.

[Collider]

@ Bitfury debate

At the end of the day it doesn´t really matter who deploys the huge farms.

As long as there is money to be made, farms will come online. If the smaller miners can make money, the bigger mines can make even more.

At some point, difficulty growth will settle where income from mining equals the power costs of gear + a small "profit".


I purchased the sp30 in the hope of staying ahead of the game for some time, but the 60% higher than promised power draw really cuts deep into my profits.
I am interested to see how spondoolies will compensate this.

[philipma1957]

You should take note that Bitfury uses customer funds to build mega farms and screw their customers ROI.

What difference do you think that actually makes? Whether they mine with their own systems or sell them to customers, the same amount of hashing power is still being added to the network so customers ROI will be the exact same.

no they asked for a lot of preorder money then claimed it could not pass customs out of russia.  they refunded all of us and mined the gear.  without our   free loan so to speak they never would have had the gear.  everyone of us got a refund but no extra money

So you decide to go with another pre-order and get burnt again?    I guess some people never learn.

No I have no skin in this game.  My interest is I wanted to buy and use a cc or paypal and was told btc or bank transfer.  I now post mostly to thank Spondoolies for refusing my payment offers.

I have about 10 k in gear most purchased with cc or paypal. Antminer s-3s' were purchased direct from bitmaintech.

[Searing]

Complete BS, both claims.

back to price and gh...are we only going to be compensated at our orig $$$/gh or will there be additional for the increase in electricity use

me I'm at 0.15kwh so that is an extra 54 usd a month not counting taxes and fees....so say around $60 bucks a month more or less

that in that I'm in home mining  the extra 500 watts of heat and flow thru my 100 amp service an't helping much either (have 1250w titan on order as well)

just think it would be fair to compensate for ramping the elec use up to get same $$/gh is only fair..in that elec use to get to 4.5TH is at an

increase of 20% (2500 orig watts vs 3000 watts now)

then again the heat is my own problem I guess

In my ideal world however you would offer a full refund .in that the 5.4th was missed (with the advertising of 6th implied) and that the mining speed
is significantly down as well as the electric heat issues are up ...as mentioned above....but unlikely as that may come to pass ...would still be the
most fair option

anyway are you only going to compensate straight $$/gh or is the extra electricity use for a decreased 4.5TH also going to be in this compensation equation?

thanks for your clarity on all this so far

Searing

[Collider]

Mining energy efficiency is obviously a big factor in profitability, especially for small miners without access to privileged energy pricing.

@spondoolies

How are you going to compensate customers for the 60% higher power consumption per GH of the sp30s?