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Author Topic: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs  (Read 1256101 times)
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August 19, 2014, 06:34:43 AM
 #5861

I see no big problem in the pricing of spondoolies product, and the fact that they are sold out more than one month in advance speaks for itself (from an economical standpoint).

I have to disagree.

Spondoolies really needs to keep up with the competition. They were asking $0.94/gh while Bitmain and AM are offering $0.6/gh.

I really doubt most sp30s are sold at non-negotiated prices.
The success in sales alone proves that the sp30 is a product with demand at that specific pricing, and is therefore correctly priced from a business standpoint.

AM is basically selling at internal cost, which spondoolies cannot do as they
a) are still a smaller player in this game and
b) need funds to increase their volume (which will in turn lead to better prices in the future, and hopefully even better product)

Bitmain have sold their August batches with signigicant profit and nowhere near 0.6$/GH, especially when considering additional PSU cost.
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August 19, 2014, 06:35:00 AM
Last edit: August 19, 2014, 07:01:52 AM by RoadStress
 #5862

I see no big problem in the pricing of spondoolies product, and the fact that they are sold out more than one month in advance speaks for itself (from an economical standpoint).

I have to disagree.

Spondoolies really needs to keep up with the competition. They were asking $0.94/gh while Bitmain and AM are offering $0.6/gh.

I really doubt most sp30s are sold at non-negotiated prices.

I have highlighted the relevant text for you. Why is it so hard to accept that some people like to pay extra for various things. In this case I have no problem paying a little extra for a compact and robust case and no wire mess. I do consider that paying a bit extra will still bring me ROI and I have yet to see a regular miner setting up his S3s in a DC. I know there are people that personally set them up in their DC, but I haven't seen a long distance relationship like I'm having with Advania.

I expect average 15% increases for the short term, not sure where i said 80. Where did I state no miner will roi? please quote.

Read my last post again. I said 80% for 2 months, not per difficulty jump. Here is where you said that no miner will ROI:

hope your well built miner cost less than 3.2BTC because it will be a paperweight by new years if its hosted

In your difficulty projection you are stating that in 2 months from October to December we will have more than the total current hashpower added to the network. I find that highly unlikely, but I don't mind people making wrong projections. It means that I will earn more bitcoins.

H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
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August 19, 2014, 06:35:28 AM
 #5863

Additionally, past performance isn´t neccesarrily an indicator for future performance (as can be found on many stock brochures).

This isn't the stock market its a game and fairly predictable. Miners and bitcoins / various shitcoins are toys for most of us; that does not mean I wish to throw money away on equipment that can never roi. after all the point of the game is to roi. These SP30s won't come anywhere close to roi at this point, plus add the cost of hosting. Maybe if they were delivered a month ago  

If you are reading stock brochures I recommend you hire a proper consultant for your investing needs,
For many people, investing in anything (be it bitcoin or more traditional assets) is not a game.

There is no way to accurately predict whether any miner will actually ROI (as nobody can see the future), you can however try to compare it to other products, and that comparison favours the sp30 in my opinion.

Comparison is a good indicator, as most miners will stop buying additional hardware and turn off said miners when they pay more for electricity than they get from mining.

Quote
After all the point of the game is to roi.
The point of mining is to secure the bitcoin transactions, earning anything is just an incentive.
While I not neccessarily totally agree with that statement, many people mined before BTC was even tradeable, and considered to have any sort of value.

I do not see how hosting at a competitive price hinders you from getting ROI, especially when other miners are less efficient.

I further see no big problem in the pricing of spondoolies product, and the fact that they are sold out more than one month in advance speaks for itself (from an economical standpoint).

You obviously either don't understand or are in denial, either one affects me not. If you wish to get half of your "investment" back go right ahead and buy all the SP30 you can and sign up for the $400 per month hosting while your miner earns less than the hosting cost.

PT Barnum comes to mind with your last statement

How is that Lexical analysis working out bickneleski?
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August 19, 2014, 06:41:14 AM
 #5864

400$ hosting is by no way representative of the best (or even average for that matter) hosting cost for that specific piece of hardware.

Hosting provided by spondoolies in their Israel DC is meant as a short-term solution only, and is basically provided at-cost.
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August 19, 2014, 06:43:16 AM
 #5865

I see no big problem in the pricing of spondoolies product, and the fact that they are sold out more than one month in advance speaks for itself (from an economical standpoint).

I have to disagree.

Spondoolies really needs to keep up with the competition. They were asking $0.94/gh while Bitmain and AM are offering $0.6/gh.

I really doubt most sp30s are sold at non-negotiated prices.

I have highlighted the relevant text for you. Why is it so hard to accept that some people like to pay extra for various things. In this case I have no problem paying a little extra for a compact and robust case and no wire mess. I do consider that paying a bit extra will still bring me ROI and I have yet to see a regular miner setting up his S3s in a DC. I know there are people that personally set them up in their DC, but I haven't seen a long distance relationship like I'm having with Advania.

Pay all you like for various things, I often pay extra for quality. I dont care about wire mess or quality when it comes to miners, I care about ROI. what's the fun in plug and play, might as well buy cloud hashing. I want my miners at home, have a whole room set up for it, but no 220v so the SP30 would really suck in my or many other peoples case.

there are always plenty of fools to buy pre orders  even bfl sold out

How is that Lexical analysis working out bickneleski?
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August 19, 2014, 06:44:03 AM
 #5866

400$ hosting is by no way representative of the best (or even average for that matter) hosting cost for that specific piece of hardware.

Hosting provided by spondoolies in their Israel DC is meant as a short-term solution only, and is basically provided at-cost.

$400 is the 3 month rate   short term is $500

How is that Lexical analysis working out bickneleski?
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August 19, 2014, 06:45:44 AM
 #5867

400$ hosting is by no way representative of the best (or even average for that matter) hosting cost for that specific piece of hardware.

Hosting provided by spondoolies in their Israel DC is meant as a short-term solution only, and is basically provided at-cost.

$400 is the 3 month rate   short term is $500
You have missed the point.

See highlighted text.

No matter the contract period, it is not meant as a permanent solution.
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August 19, 2014, 06:54:31 AM
 #5868

400$ hosting is by no way representative of the best (or even average for that matter) hosting cost for that specific piece of hardware.

Hosting provided by spondoolies in their Israel DC is meant as a short-term solution only, and is basically provided at-cost.

$400 is the 3 month rate   short term is $500
You have missed the point.

See highlighted text.

No matter the contract period, it is not meant as a permanent solution.

No, because the machine costs more to host than revenue it earns

what do you do with it then? Too noisy for home and no 240v available

How is that Lexical analysis working out bickneleski?
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August 19, 2014, 07:01:10 AM
 #5869


No, because the machine costs more to host than revenue it earns

what do you do with it then? Too noisy for home and no 240v available
I hope you are not purposefully being stupid here.

You either host it at home or you purchase hosting froom one of the many miner-friendly or miner-dedicated hosting facilities.

One of these offers can be found literally a few posts earlier in this thread.
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August 19, 2014, 07:14:51 AM
 #5870


No, because the machine costs more to host than revenue it earns

what do you do with it then? Too noisy for home and no 240v available
I hope you are not purposefully being stupid here.

You either host it at home or you purchase hosting froom one of the many miner-friendly or miner-dedicated hosting facilities.

One of these offers can be found literally a few posts earlier in this thread.

You said hosting is a short term solution... so what to do after hosting costs more than the machine earns in december? Its not coming to my condo

How is that Lexical analysis working out bickneleski?
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August 19, 2014, 07:17:50 AM
 #5871

I said
Quote
Hosting provided by spondoolies in their Israel DC is meant as a short-term solution only, and is basically provided at-cost
....
Quote
no matter the contract period.

If you
a) have no idea what to do with your purchased hardware and
b) even through resources provided for free by the community cannot figure out how to provide electricity to your miner,

I suggest you might consider something else than bitcoin mining.

If you find your sp30 to be a burden, I will gladly provide it with a lovely and caring home amongst its brethren.
(I do not condone any cruelty against miners, and will provide safe shelter for any sp30s afraid of/neglected by their owners)
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August 19, 2014, 07:23:08 AM
 #5872

I said
Quote
Hosting provided by spondoolies in their Israel DC is meant as a short-term solution only, and is basically provided at-cost
....
Quote
no matter the contract period.

If you
a) have no idea what to do with your purchased hardware or
b) even through resources provided for free by the community cannot figure out how to provide electricity to your miner,

I suggest you might consider something else than bitcoin mining.

If you find your sp30 to be a burden, I will gladly provide it with a lovely and caring home amongst its brethren.

Or consider hardware that is more appropriate for 120v in a condo and can actually roi

There is no legal way to get 240 where I live and I certainly don't want the NOISE

How is that Lexical analysis working out bickneleski?
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August 19, 2014, 07:26:29 AM
 #5873

I said
Quote
Hosting provided by spondoolies in their Israel DC is meant as a short-term solution only, and is basically provided at-cost
....
Quote
no matter the contract period.


If you find your sp30 to be a burden, I will gladly provide it with a lovely and caring home amongst its brethren. (I do not condone any cruelty against miners, and will provide safe shelter for sp30s afraid of their owners)

I would rather destroy it

How is that Lexical analysis working out bickneleski?
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August 19, 2014, 07:28:14 AM
 #5874

Or consider hardware that is more appropriate for 120v in a condo and can actually roi

There is no legal way to get 240 where I live and I certainly don't want the NOISE

Then this product (SP30) is not aimed for you. Why are you still lurking here then? What's your purpose? I don't think SP-Tech will make the miner less noisy right now so nothing can change except the pricing. I don't understand what do you actually want.

H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
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August 19, 2014, 07:36:27 AM
 #5875

Or consider hardware that is more appropriate for 120v in a condo and can actually roi

There is no legal way to get 240 where I live and I certainly don't want the NOISE

Then this product (SP30) is not aimed for you. Why are you still lurking here then? What's your purpose? I don't think SP-Tech will make the miner less noisy right now so nothing can change except the pricing. I don't understand what do you actually want.

Less noisy
ROI probable + profitable
works on 110 at spec
in stock (no pre-order)


How is that Lexical analysis working out bickneleski?
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August 19, 2014, 07:38:29 AM
 #5876

Or consider hardware that is more appropriate for 120v in a condo and can actually roi

There is no legal way to get 240 where I live and I certainly don't want the NOISE

Then this product (SP30) is not aimed for you. Why are you still lurking here then? What's your purpose? I don't think SP-Tech will make the miner less noisy right now so nothing can change except the pricing. I don't understand what do you actually want.

Because you and mostly roadstress keep littering the forums about hoe SP30 is the only miner anyone should buy (paraphrasing)

How is that Lexical analysis working out bickneleski?
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August 19, 2014, 07:39:22 AM
 #5877

Or consider hardware that is more appropriate for 120v in a condo and can actually roi

There is no legal way to get 240 where I live and I certainly don't want the NOISE

Then this product (SP30) is not aimed for you. Why are you still lurking here then? What's your purpose? I don't think SP-Tech will make the miner less noisy right now so nothing can change except the pricing. I don't understand what do you actually want.

Less noisy
ROI probable + profitable
works on 110 at spec
in stock (no pre-order)

1. won't happen
2. ok
3. already works
4. wait for sp50

You are on a post hunting it seems.

H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
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August 19, 2014, 07:40:48 AM
 #5878

I see no big problem in the pricing of spondoolies product, and the fact that they are sold out more than one month in advance speaks for itself (from an economical standpoint).

I have to disagree.

Spondoolies really needs to keep up with the competition. They were asking $0.94/gh while Bitmain and AM are offering $0.6/gh.

I really doubt most sp30s are sold at non-negotiated prices.

I have highlighted the relevant text for you. Why is it so hard to accept that some people like to pay extra for various things. In this case I have no problem paying a little extra for a compact and robust case and no wire mess. I do consider that paying a bit extra will still bring me ROI and I have yet to see a regular miner setting up his S3s in a DC. I know there are people that personally set them up in their DC, but I haven't seen a long distance relationship like I'm having with Advania.

I expect average 15% increases for the short term, not sure where i said 80. Where did I state no miner will roi? please quote.

Read my last post again. I said 80% for 2 months, not per difficulty jump. Here is where you said that no miner will ROI:

hope your well built miner cost less than 3.2BTC because it will be a paperweight by new years if its hosted

In your difficulty projection you are stating that in 2 months from October to December we will have more than the total current hashpower added to the network. I find that highly unlikely, but I don't mind people making wrong projections. It means that I will earn more bitcoins.

that was only in reference to sp30 as that is the equipment we were discussing in the spondoolies thread not speculation sub-forum, dont try to mis-quote me.

You have made plenty of wrong projections. I prefer to remain conservative and avoid making foolish decisions like pre ordering hardware that can never roi, ends up way under performance and way over power usage.

16.8% is the current average, maybe that will change but there is a lot of spondoolies hardware to deliver still among others

EDIT: Please don't pm me when replying to a post of mine, if I want to reply I will


How is that Lexical analysis working out bickneleski?
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August 19, 2014, 07:51:30 AM
 #5879

Or consider hardware that is more appropriate for 120v in a condo and can actually roi

There is no legal way to get 240 where I live and I certainly don't want the NOISE

Then this product (SP30) is not aimed for you. Why are you still lurking here then? What's your purpose? I don't think SP-Tech will make the miner less noisy right now so nothing can change except the pricing. I don't understand what do you actually want.

Less noisy
ROI probable + profitable
works on 110 at spec
in stock (no pre-order)

1. won't happen
2. ok
3. already works
4. wait for sp50

You are on a post hunting it seems.

same hash rate and efficiency as 240?

what's a post hunting? i can set up a new account just for you if this one is posting too much.

How is that Lexical analysis working out bickneleski?
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August 19, 2014, 07:54:56 AM
 #5880


same hash rate and efficiency as 240?
Please stop trolling the thread.

If you actually own an sp30 I have offered it safe shelter as you are obviously a danger to innocent mining equipment.
I would rather destroy it

Otherwise please keep ignoring basic electrical engineering in other threads.
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