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Author Topic: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs  (Read 1256264 times)
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zvisha
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August 26, 2014, 05:22:54 AM
 #6381

so we have to undervolt/modify it to even get 4500gh??  please tell me i read that wrong! THIS is in fact 2 questions....
also, ignoring legitimate critics is kinda classy...
i asked a specific question and all ive read is childish responses to a dimwit - where are MY answers??
jimmothy - would you REALLY send these guys more money?
no matter what they say, im done & VERY, VERY disheartened!!
i feel as though KnC have relocated, changed their names and started all over again in israel.
SAME shit, different what???

I do not ignore "legitimate critics", people who actually bought our products or people who ask questions.
i am here to communicate with current and potential customers, not idiots and trolls.

I don't owe anything to anyone else.

I am a person who paid for your (2500w) product ...aka - CURRENT CUSTOMER

i asked yesterday if i can expect it to arrive before the 31st when i am away for 2 weeks - This is/was a question too

All my questions among others have been 'overlooked', does that mean i am now firmly in the idiot/troll camp??

or is there some other explanation why rawdog (non-paying ball-bag) gets 3-4 stupid answers to stupid shit, while I (the paying customer) gets to repeat myself ad nauseum...

so we have to undervolt/modify it to even get 4500gh??  please tell me i read that wrong! THIS is in fact 2 questions.... no, you get 4500 +-5% as is. Yes you are reading this wrong.

i asked yesterday if i can expect it to arrive before the 31st when i am away for 2 weeks - This is/was a question too - I don't manage shipping.
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August 26, 2014, 05:47:34 AM
 #6382

So honestly why would we not just get refunds at this point , with the current diff plus hosting costs its not really possible to break in less than three months , and who knows what the diff will be by then.  The big problem is we need

Compensation for not only missed hash rate and slow shipping it took too long to let 
Us know what the compensation would be if anything.

Someone tell me I'm wrong about these currently Aug machines creating ROI

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August 26, 2014, 05:53:39 AM
 #6383

When did mining become all about ROI in less than 3 months?

Mining rewards have become less and ROI periods therefore longer in the last year.

We alse saw / see a slow down in average difficulty increase, exactly what you would expect when rewards get thinner.


The notion that mining will forever be the most profitable investment on the planet is utterly flawed.

It will eventually level out to something like electricity used + small incentive to keep mining.
How big this incentive will turn out to be depends on the mining community as a whole.

The statos quo still has some very nice ROI periods and therefore profits to be made.
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August 26, 2014, 06:07:18 AM
 #6384

So honestly why would we not just get refunds at this point , with the current diff plus hosting costs its not really possible to break in less than three months , and who knows what the diff will be by then.  The big problem is we need

Not sure if bad intended or just missed this post

I know that you've been waiting patiently from April and I appreciate it. If you feel unhappy with your purchase, please contact sales@ immediately for a full refund.

Our main focus right now is to make sure all units are shipped in time and that each and everyone is contacted regarding the compensation preferences.
I'll be away from the thread for a few days, but you can still contact me in a PM. Please allow a few days to reply.

H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
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August 26, 2014, 06:22:07 AM
 #6385

From my little experience I have understood that all manufacturers have a better view on difficulty than us, as they have more or less the same suppliers so they know what the competition will throw in the market and when.
Guy has already mentioned examples of other companies and what they can and can not achieve.

So I have seen that if you take all calculators and have some pretty rough numbers you will see that the price you pay for the hardware ROIs in around 3 months time.
Hence my understanding is that manufacturers set a price point with that target in mind.

Customers want ROI in 3 months so manufacturers will sell to those that are willing to take that risk and still sell at the highest price that they can.
If you told a customer that it takes 6 months to ROI nobody would buy a miner.

So from SP10 experience we see the same posts again and again. SP10 will not ROI. People were showing the same charts again and again with 12-16% diff increase and suddenly we had 3%, 5%, 8%. There were posts by SP that difficulty will not rise that fast.
Well my SP10s will ROI in 10 days. That is 75 days after I got them. Note that power cost is not included - so if I take that into consideration then actual ROI will be about 90-100 days.

So manufacturers don't really come out and say that your miner will ROI in 3 months but I assume they do have in their minds this number to set their price point.

Buy me a beer: 1mrdfyA1GhKmTPhaSkvyq5DBterQ5m7ZK

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August 26, 2014, 06:40:56 AM
 #6386

So honestly why would we not just get refunds at this point , with the current diff plus hosting costs its not really possible to break in less than three months , and who knows what the diff will be by then.  The big problem is we need

Compensation for not only missed hash rate and slow shipping it took too long to let 
Us know what the compensation would be if anything.

Someone tell me I'm wrong about these currently Aug machines creating ROI

You have the option for a full refund if not satisfied with the compensation. From  experience it does not get any better than this in the world of Bitcoin mining companies. 
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August 26, 2014, 06:45:19 AM
 #6387

So honestly why would we not just get refunds at this point , with the current diff plus hosting costs its not really possible to break in less than three months , and who knows what the diff will be by then.  The big problem is we need

Compensation for not only missed hash rate and slow shipping it took too long to let 
Us know what the compensation would be if anything.

Someone tell me I'm wrong about these currently Aug machines creating ROI

You have the option for a full refund if not satisfied with the compensation. From  experience it does not get any better than this in the world of Bitcoin mining companies. 

Not needing a refund because you get the equipment you ordered and it can roi would be better to me from experience. if you prefer to lose money/bitcoins; whatever floats your boat  Grin

How is that Lexical analysis working out bickneleski?
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August 26, 2014, 06:47:31 AM
 #6388

So honestly why would we not just get refunds at this point , with the current diff plus hosting costs its not really possible to break in less than three months , and who knows what the diff will be by then.  The big problem is we need

Not sure if bad intended or just missed this post

I know that you've been waiting patiently from April and I appreciate it. If you feel unhappy with your purchase, please contact sales@ immediately for a full refund.

Our main focus right now is to make sure all units are shipped in time and that each and everyone is contacted regarding the compensation preferences.
I'll be away from the thread for a few days, but you can still contact me in a PM. Please allow a few days to reply.
Of course I've seen that post, but it really tells me nothing,
The compensation I was offered is insufficient , like I said late shipping +
Less hashrate

Three months to ROI is not to short, my inital calculations based on the original 5.4 th and 2500 watt usage along
With a middle of August delivery had me making ROI in three months

Currently there no way I make ROI  in less thank 5  six months now which I unacceptable

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August 26, 2014, 06:51:07 AM
 #6389

@murdoff

Sp10s shipped from stock which made it far easier to ROI
Also sp10s had a known spec I.e u knew what you were getting for what you paid

Same can't be said to the sp30 its apples to oranges brah

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BitcoinPappi
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August 26, 2014, 06:52:38 AM
 #6390

So how much is the final compensation? $1500?

The only way to break even from this disaster is if they shipped you a second SP30 along with
the one you paid $4500 for for free at the same time.  Then you would still be pushing it giving
your hosting or power bill just went to double.

The group buy price which clearly advertised   -   SP30 pre-order - Specs: 0.69$/GH + 0.46W/GH
Is what was advertised and promised over and over.  Now they want to back tread to oh well it was
really only maybe possibly probably MIGHT be 5.4TH/s after promising 6.5TH/s ?  Plus a utter failure
on power usage too.
But still dont want to compensate for that.  Oh just give them a coupon for more stuff in October,
Oh yah it will ship again the last day of October, and its all good right.  Please.  
Send a message, everyone who was in the group buy ask for a refund, lets see what happens and if
they honor that.
These bullshit preorder ripoffs, make more money for the manufacture schemes need to end.
Even after you have been fully refunded  + extra with no skin in the game, you continue to complain ?  You would have more than likely committed suicide by now if you had went with the Neptunes from KNC or another company.

Chill out you have nothing to lose now.  Other buyers now have the option to opt for a full refund or accept the compensation. Give them a break they are doing much better than the BS customers have to deal with other companies. All this is from experience

Their service and ethics  might change in the future but right now they are doing a good job
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August 26, 2014, 07:01:52 AM
 #6391

Of course I've seen that post, but it really tells me nothing,
The compensation I was offered is insufficient , like I said late shipping +
Less hashrate

Three months to ROI is not to short, my inital calculations based on the original 5.4 th and 2500 watt usage along
With a middle of August delivery had me making ROI in three months

Currently there no way I make ROI  in less thank 5  six months now which I unacceptable

It tells you that you can ask and get a refund if you are unsatisfied with the compensation plan. Even the full refund is insufficient?

Even after you have been fully refunded  + extra with no skin in the game, you continue to complain ?  You would have more than likely committed suicide by now if you had went with the Neptunes from KNC or another company.

Some people just like to complain...

H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
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August 26, 2014, 07:06:21 AM
 #6392

Can someone please say clearly what the compensation or refund option for the group buy is. I still have not been contacted about it.

Main question is the comp/refund in dollars or in bitcoin?

Cheers
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August 26, 2014, 07:11:14 AM
 #6393

I think that even the slow-corner ASICs of our first batch are currently the most power efficient in the market and one of the most competitive in $/Gh. That is impressive fuckup I would say. Don't bother answering since you been added to ignore list.

Why is it that SPtech is the only company that is affected by this "super slow corner" debacle? Does TSMC really not like you guys or something? Have you tried asking for the ultra-extreme-quick-corner asics?

Bitfury could achieve 0.38w/gh at the chip with their 55nm chips, are your asics really more efficient?

As for competitive $/gh, I don't know how you can even argue that. Has there ever been a time where SPtech hardware was not ~20% more expensive than the competition?

You guys were asking $12,000 for an sp30 shipped in the beginning of august.. If you tried selling SP30's from stock for $2/gh you would be laughed at.

I implore you to show me your overly optimistic calculations which give any SP30 a chance at ROI. (preferably using a semi-realistic calculator like btcinvest.net)

It obvious from just about every post you make that you have an agenda, which is basically to criticise anything that isn't Asicminer or that might threaten their plan to 'crush' the competition. Incidentally, that really was one of your better quotes, I still haven't stopped laughing.

It's also dazzlingly clear that your technical knowledge is, how can I put this politely, 'wanting' and so you come out with stuff which you've most likely been fed by the guy with his hand up your back. It's a fairly safe bet you've never worked in the electronics industry (if you've ever actually had a job, which I doubt) and that you've never designed anything yet still you feel that you can stick your oar into situations that are way, way beyond your level of understanding.

The Bitfury chip may be able to run at 0.38 JOULES/GH, not watts/GH, it's a measure of energy, not power, (just another little detail which shows up your lack of knowledge) and their chip runs in a mode call Sub Threshold where is sacrifices speed for lower energy per GH by using a lower supply voltage than normal. I'm sure that the ST guys and any other competent designers will confirm that their chips could run at much lower J/GH figures if they ramp down the voltage.

The trouble is with this scenario - and read this carefully here because you might have considerable difficulty in understanding it - is that the lower voltage makes the chip run slower, a lot slower. To get the same number of GH/second as a full voltage chip you need more chips, thus making the advantage of low energy/GH useless.

You say the reason you want to know about compensation is so you can make informed decisions about whether to buy from ST in the future. This is rubbish, you simply want to make trouble for a competitor in whatever way you can, but you wrap it up in 'concerns' and criticism to try to get the community wound up.

It would be a lot better for the community in general if you simply shut up and stopped talking crap about situations that are none of your business and technical issues that are way beyond your level of understanding. ST have a problem which I'm pretty sure they are working hard to resolve, in the real world of electronics problems do arise and it can sometimes take a lot of time and effort to fix. ST are very active in communicating with their customers, I'm not one of them by the way, and it's clear to any external observer that they want to make things right.

That's the single most important issue in this situation.

Just as a closing point, why not show us all how clever you really are by demonstrating how an AM chip based system will make any ROI, comparing it to an SP30? I'd love to see it, I'll bet a lot of other would too and you've obviously got lots of time on you hands. If it's too difficult for you I'd be very pleased to help.
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August 26, 2014, 07:12:25 AM
 #6394

Of course I've seen that post, but it really tells me nothing,
The compensation I was offered is insufficient , like I said late shipping +
Less hashrate

Three months to ROI is not to short, my inital calculations based on the original 5.4 th and 2500 watt usage along
With a middle of August delivery had me making ROI in three months

Currently there no way I make ROI  in less thank 5  six months now which I unacceptable

It tells you that you can ask and get a refund if you are unsatisfied with the compensation plan. Even the full refund is insufficient?

Even after you have been fully refunded  + extra with no skin in the game, you continue to complain ?  You would have more than likely committed suicide by now if you had went with the Neptunes from KNC or another company.

Some people just like to complain...

Your joking right? You ever heard of opportunity cost? I could have put that money to far better uses than an
Interest free loan for sp-tech.   I could deal with the lower hash rate and higer power use but this late

Shipping was just the icing on the cake

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August 26, 2014, 07:13:43 AM
 #6395

Can someone please say clearly what the compensation or refund option for the group buy is. I still have not been contacted about it.

Main question is the comp/refund in dollars or in bitcoin?

Cheers
We'll contact you this week. It takes times to go over the orders.
If you'll select partial refund for the missing GH/s, the refund will be in $

New Mimblewimble implementation: https://www.beam.mw
Spondoolies is back with the SPx36: https://www.spondoolies-tech.com/products/spx36
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August 26, 2014, 07:22:07 AM
 #6396

... JOULES/GH, not watts/GH, it's a measure of energy ...
100% correct. I keep (and will keep) doing this mistake. It's kind of industry standard mistake.

New Mimblewimble implementation: https://www.beam.mw
Spondoolies is back with the SPx36: https://www.spondoolies-tech.com/products/spx36
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August 26, 2014, 07:24:44 AM
 #6397

Your joking right? You ever heard of opportunity cost? I could have put that money to far better uses than an
Interest free loan for sp-tech.   I could deal with the lower hash rate and higer power use but this late

Shipping was just the icing on the cake

I am not joking, but first you complain about not getting a ROI and when I presented you the option to get your ROI you complain about different things. I don't like the late shipping either, but  you have 2 options available(refund, compensation+delivery) and you don't like any of them except for the one that is not possible (6Th/s and delivery 2 weeks ago).

That's the single most important issue in this situation.

Just as a closing point, why not show us all how clever you really are by demonstrating how an AM chip based system will make any ROI, comparing it to an SP30? I'd love to see it, I'll bet a lot of other would too and you've obviously got lots of time on you hands. If it's too difficult for you I'd be very pleased to help.

I admit that I think that the most important issue is the situation, but I will not go into details because of my "SP-Tech shill" status. I am glad that I am not the only one to see this.

As for the AM miners ROI don't forget to add 1 extra days for the countless screws that you have to mount.

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August 26, 2014, 07:27:39 AM
 #6398

...this fella has everybody who doesn't kiss his ass on his ignore list. Only worshippers allowed...
This is unfair comment. Everyone can be a little grumpy after working all night.

New Mimblewimble implementation: https://www.beam.mw
Spondoolies is back with the SPx36: https://www.spondoolies-tech.com/products/spx36
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August 26, 2014, 07:33:04 AM
 #6399

Can someone please say clearly what the compensation or refund option for the group buy is. I still have not been contacted about it.

Main question is the comp/refund in dollars or in bitcoin?

Cheers
We'll contact you this week. It takes times to go over the orders.
If you'll select partial refund for the missing GH/s, the refund will be in $

And if I select full refund will this be in dollars or bitcoin?
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August 26, 2014, 07:35:33 AM
 #6400

Can someone please say clearly what the compensation or refund option for the group buy is. I still have not been contacted about it.

Main question is the comp/refund in dollars or in bitcoin?

Cheers
We'll contact you this week. It takes times to go over the orders.
If you'll select partial refund for the missing GH/s, the refund will be in $

And if I select full refund will this be in dollars or bitcoin?
Note that we're offering full refund for the GB buyers only.
It will be in $. Payment done via BitPay are converted immediately to fiat.

New Mimblewimble implementation: https://www.beam.mw
Spondoolies is back with the SPx36: https://www.spondoolies-tech.com/products/spx36
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