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Author Topic: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs  (Read 1256169 times)
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hardhouseinc
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August 26, 2014, 07:48:15 AM
 #6401

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...


Call it what ever the fuck you want if it makes you sleep better at night dude.
If complain = call a POFS a POFS and point out that the compensation is BS, the
Oct 31 pre-order a BS offer to future customers that need to think seriously before
throwing away money.
Anyone who considered KNC was dilusional to start with.
SPTech started good then just ended up like all the rest.
They might have the fastest miner on the market but its still 2X overpriced.

For all future customers, my two SP10s BARELY got me my money back after selling them
after 2 months use, and I was making WELL above the BTC price selling mining contracts to
some local customers who had more money than brains and wanted BTC at any price.
Had it not been for the very reasonable price I sold the SP10s at and them continuing to
pay for overpriced mining contracts to keep me mining for them, Id have lost money.
Keep that in mind when you are making about .09BTC per day or less now with an SP30 today and
likely 0.75 BTC next month....
Waiting for BTC to have another temp crash / crisis and buy it low is a MUCH better option
then mining.  I learned that the hard way.  Dont let RoadStress or ANY ASIC company tell you
anything else.
Unless you are getting the miner at 1/2 the advertised price and can get some dirt cheap hosting,
save your money, you will lose money in the end.  My SP10s were case in point of this fact and the
difficulty increase, hardware delay is only going to get worse in the future.


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August 26, 2014, 08:06:46 AM
 #6402

... My SP10s were case in point of this fact and the
difficulty increase, hardware delay is only going to get worse in the future. ...
I don't think your claim is true. You did ship the miner to the US after it was sent to Japan (I'm not revealing customer info here, you posted pictures of the SP10 box in the metro), so it did took some time, but I do think you've met or about to meet ROI.
You were a very happy customer until the SP30 spec update. You got your money back. Indeed, you had to find someone to trade with.

I don't intend to continue arguing, so you don't need to reply.

Guy

Edit: https://bitcointalk.org/index.php?topic=704251.msg7962548#msg7962548

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, 08:30:09 AM
 #6403

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.

This is full refund in the sense that it is for the order itself as well as the compensation for the drop in speed from 6th to 4.5th? Just trying to be clear here the thread
keeps talking 'compensation' ..just want to make sure it is for the full price paid for the unit and not just the diff in speed compensation

Ok I'm intrigued....fine the GB can get fully refunded if that is the case above for the works..but does that include the GB with the hosting option? (I find it unlikely as it probably sits on a pallet to the Titan DC center!)

er also if a person did decide to take the refund route...who is contacted and when would such refund be sent out more or less?

Searing



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August 26, 2014, 08:41:36 AM
 #6404

Things get real! I got an email from ST: "Please advise your wallet address for this order so we could connect it orderly."
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August 26, 2014, 08:45:45 AM
 #6405

Things get real! I got an email from ST: "Please advise your wallet address for this order so we could connect it orderly."

Which means what?

⚫ ⚫ ⚫Make even more profit on crypto trading with secure automatic trading https://trade-mate.io⚫ ⚫ ⚫
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August 26, 2014, 08:47:11 AM
 #6406

This is full refund in the sense that it is for the order itself as well as the compensation for the drop in speed from 6th to 4.5th? Just trying to be clear here the thread
keeps talking 'compensation' ..just want to make sure it is for the full price paid for the unit and not just the diff in speed compensation

Ok I'm intrigued....fine the GB can get fully refunded if that is the case above for the works..but does that include the GB with the hosting option? (I find it unlikely as it probably sits on a pallet to the Titan DC center!)

er also if a person did decide to take the refund route...who is contacted and when would such refund be sent out more or less?

Searing

Compensation and refund are 2 different things. Full refund means that you are getting what you paid for the unit.

H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
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August 26, 2014, 08:49:51 AM
 #6407

Come on ST, I am waiting for my 10x SP30s.

All is Mine!

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August 26, 2014, 08:51:39 AM
 #6408

This is full refund in the sense that it is for the order itself as well as the compensation for the drop in speed from 6th to 4.5th? Just trying to be clear here the thread
keeps talking 'compensation' ..just want to make sure it is for the full price paid for the unit and not just the diff in speed compensation

Ok I'm intrigued....fine the GB can get fully refunded if that is the case above for the works..but does that include the GB with the hosting option? (I find it unlikely as it probably sits on a pallet to the Titan DC center!)

er also if a person did decide to take the refund route...who is contacted and when would such refund be sent out more or less?

Searing

Compensation and refund are 2 different things. Full refund means that you are getting what you paid for the unit.

OK caught up on that part...full refund means full refund on product...as to the GB hosting is that included in this refund option? (again unsure of my position on all this
just trying to get the facts) if GB hosting is a no refund option then no having no unit makes no sense.

thanks and again roadstress and to all involved in answering my question..I appreciate it....again just trying to get all the right info/facts.

Searing

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August 26, 2014, 09:00:55 AM
 #6409

OK caught up on that part...full refund means full refund on product...as to the GB hosting is that included in this refund option? (again unsure of my position on all this
just trying to get the facts) if GB hosting is a no refund option then no having no unit makes no sense.

thanks and again roadstress and to all involved in answering my question..I appreciate it....again just trying to get all the right info/facts.

Searing

Well just as you said. It makes no sense to refund only for the unit and not for the hosting so the hosting refund is mandatory.

H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
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August 26, 2014, 09:04:21 AM
 #6410

Things get real! I got an email from ST: "Please advise your wallet address for this order so we could connect it orderly."

Which means what?
That the unit is ready for hosting.
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August 26, 2014, 09:05:39 AM
 #6411

OK caught up on that part...full refund means full refund on product...as to the GB hosting is that included in this refund option? (again unsure of my position on all this
just trying to get the facts) if GB hosting is a no refund option then no having no unit makes no sense.

thanks and again roadstress and to all involved in answering my question..I appreciate it....again just trying to get all the right info/facts.

Searing

Well just as you said. It makes no sense to refund only for the unit and not for the hosting so the hosting refund is mandatory.

ok...thanks if I make such a decision do we contact sales@spondoolies-tech.com or who (as I look thru the thread)

again appreciate the help but as long as I'm getting prompt replies here if you know off hand or perhaps I need to go thru Guy instead (here? email?)

(off to look thru thread again)

Searing
 


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August 26, 2014, 09:37:43 AM
 #6412

OK caught up on that part...full refund means full refund on product...as to the GB hosting is that included in this refund option? (again unsure of my position on all this
just trying to get the facts) if GB hosting is a no refund option then no having no unit makes no sense.

thanks and again roadstress and to all involved in answering my question..I appreciate it....again just trying to get all the right info/facts.

Searing

Well just as you said. It makes no sense to refund only for the unit and not for the hosting so the hosting refund is mandatory.

ok...thanks if I make such a decision do we contact sales@spondoolies-tech.com or who (as I look thru the thread)

again appreciate the help but as long as I'm getting prompt replies here if you know off hand or perhaps I need to go thru Guy instead (here? email?)

(off to look thru thread again)

Searing
 



And added to this how long will it take to get this refund , and what about the reservation fees those just went poof I guess

⚫ ⚫ ⚫Make even more profit on crypto trading with secure automatic trading https://trade-mate.io⚫ ⚫ ⚫
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August 26, 2014, 09:44:37 AM
 #6413

OK caught up on that part...full refund means full refund on product...as to the GB hosting is that included in this refund option? (again unsure of my position on all this
just trying to get the facts) if GB hosting is a no refund option then no having no unit makes no sense.

thanks and again roadstress and to all involved in answering my question..I appreciate it....again just trying to get all the right info/facts.

Searing

Well just as you said. It makes no sense to refund only for the unit and not for the hosting so the hosting refund is mandatory.

ok...thanks if I make such a decision do we contact sales@spondoolies-tech.com or who (as I look thru the thread)

again appreciate the help but as long as I'm getting prompt replies here if you know off hand or perhaps I need to go thru Guy instead (here? email?)

(off to look thru thread again)

Searing
 

And added to this how long will it take to get this refund , and what about the reservation fees those just went poof I guess


yeah but to be fair I did waste their time by getting a refund even if it was due to the decrease in hash and elec on the GB orders
so I understand the above timeline etc is "fluid" .....how the world works when you 'unwind' something like this I guess

Searing

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August 26, 2014, 10:46:34 AM
 #6414

And added to this how long will it take to get this refund , and what about the reservation fees those just went poof I guess

Yes, but Sean's Outpost, ckolivas, etotheipi and me thank you for it.

H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
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August 26, 2014, 01:04:52 PM
 #6415

And added to this how long will it take to get this refund , and what about the reservation fees those just went poof I guess

Yes, but Sean's Outpost, ckolivas, etotheipi and me thank you for it.

Roadstress...Great job on those donations!  Glad to see that sort of thing happening around here.
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August 26, 2014, 01:19:47 PM
 #6416

...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.

Sorry Guy. You're right again ! Glad to see you stepped up to the plate on the refund issue.
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August 26, 2014, 01:31:47 PM
 #6417

Are we there yet?
It is the end of the working day in Israel (unless you are loading SW on miners-that is an all nighter).
No email of any sort so far.
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August 26, 2014, 01:41:38 PM
 #6418

Are we there yet?
It is the end of the working day in Israel (unless you are loading SW on miners-that is an all nighter).
No email of any sort so far.

It seems like some groupbuy units were shipped today (and some were put into hosting aswell).

I got my first email regarding compensation today, so that is starting aswell.

My guess is that all groupbuy units should ship until Thursday, and will therefore be with their respective owners soon.
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August 26, 2014, 01:49:07 PM
 #6419

I don't see how ROI on the miners can be achieved if the difficulty increases so fast before the miners can even get to us and make any respectable $$$. Looks like our only hope is if the BTC to USD rate goes up and that's not a gamble anyone should be taking with their money, and on the other hand if BTC to USD drops then you can see how the people mining are the ones that are screwed even further here...

Personally I don't believe the cost of the hardware itself is justified, it's too expensive and the hardware manufacturers keep the buyers thinking that at current mining difficulty and rate they will get their money back in 3 months, but that is not true.

When I purchased the miners in July 24 or so the difficulty was about 17.34G at a BTC to USD rate of $650 expecting to get a decent return, now I still don't have my miners and I have to wait another 1 month, have spent $125,900 USD to Spondoolies, difficulty is now at 23.84G at a BTC to USD rate of $500. By the time I get my miners up and working the difficulty will be about 30.00G if not more and even if the rate stays at $500 I'm basically still screwed because the miners will probably not make their money back before they out live their useful life.

Everyone better think well and hard before buying mining equipment on pre-order with 2 months waiting time, never again. I hope I can get my money back by running my 29 x SP30 miners until they end up in the bin by January or February 2015...

Mining Hardware producers like Spondoolies and the rest are pretty much safe. We are the ones worried about getting our money back while they sell us expensive hardware on pre-order.
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August 26, 2014, 01:50:38 PM
 #6420

@ wissam

If you are so disappointed, why don´t you go for the refund?

Complaining on the forum how you think there will be perpetual difficulty rise and other factors not within direct control of spondoolies will certainly not help your position.

I agree that long-term pre-orders are risky and generally don´t turn out too well.


Spondoolies produces a quality product though, and there is such a high demand that people want to pay for their product in advance.
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