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Author Topic: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs  (Read 1256101 times)
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Mabsark
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July 30, 2014, 09:35:37 PM
 #4921

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?  Huh  I guess some people never learn.
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July 30, 2014, 09:36:43 PM
 #4922

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?  Huh  I guess some people never learn.

I see that you are really trying, but failing badly to bash SP-Tech. They don't build mega farms for their selfish mining like Bitfury. What are we talking about here?

H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
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July 30, 2014, 09:45:32 PM
 #4923

I see that you are really trying, but failing badly to bash SP-Tech. They don't build mega farms for their selfish mining like Bitfury. What are we talking about here?

I was commenting on the risks of pre-orders. You'd think that after every company has burnt their pre-order customers that people would stop purchasing in such a manner. Clearly some people have more money than sense though and are eager to give these companies free loans.
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July 30, 2014, 10:31:10 PM
 #4924

Quote
Dear Thomas,
After a successful burn-in test, we are happy to announce that your unit was shipped and is now on its way to you.
The unit was shipped with DHL. Please see attached shipping documents.
A lot of work was put into designing, building, and shipping that unit. We believe you will enjoy it very much.
If you have any questions feel free to contact us at info@spondoolies-tech.com.
Best Regards,
Katya Penkar

Thank you spondoolies-tech. I know I will be happy after we have discussed compensation.

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

No email here what was your order # ?

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July 30, 2014, 10:34:31 PM
 #4925

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. "
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July 30, 2014, 10:35:04 PM
 #4926

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

No email here what was your order # ?

#10XX. Got a July batch order too?

H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
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July 30, 2014, 11:03:41 PM
 #4927

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
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July 30, 2014, 11:07:35 PM
 #4928

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.
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July 31, 2014, 01:04:20 AM
 #4929

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

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


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July 31, 2014, 01:09:34 AM
 #4930

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

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.

H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
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July 31, 2014, 01:27:48 AM
 #4931

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.
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July 31, 2014, 01:31:07 AM
 #4932

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.

Buy & Hold
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July 31, 2014, 02:24:35 AM
 #4933

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

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
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July 31, 2014, 02:25:31 AM
Last edit: July 31, 2014, 10:12:20 AM by Biffa
 #4934


@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. Huh

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July 31, 2014, 02:30:59 AM
 #4935

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!

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July 31, 2014, 02:57:39 AM
 #4936

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

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

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

I'm betting on SP30...

ZiG
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July 31, 2014, 03:22:58 AM
 #4937

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

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

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.

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July 31, 2014, 03:29:49 AM
 #4938

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.

New Mimblewimble implementation: https://www.beam.mw
Spondoolies is back with the SPx36: https://www.spondoolies-tech.com/products/spx36
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July 31, 2014, 04:16:47 AM
 #4939

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?


Please comment, critique, criticize or ridicule BIP 2112: https://bitcointalk.org/index.php?topic=54382.0
Long-term mining prognosis: https://bitcointalk.org/index.php?topic=91101.0
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July 31, 2014, 04:37:11 AM
 #4940

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.

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