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

[MrTeal]

It's collusion, and depending on how it's done it can definitely be illegal.
http://www.ctvnews.ca/business/multimillion-dollar-settlements-reached-in-lcd-price-fixing-class-action-1.2000656

Then OPEC must be carrying this illegal activity for several decades. And FED is the banking alliance to control and fix the price of the dollar for more than 100 years

There are a lot of people that do think OPEC is illegal, and the US Congress has rumbled every once in awhile about declaring it so. The Fed example is silly, that is not companies in an open market colluding to fix prices.

All the DRAM manufacturers could say "OPEC! The FED!" until they're blue in the face. It didn't stop them from getting hit with hundreds of millions in fines for price fixing.

Actually, the FED is structured as 12 <ahem> PRIVATE banks. It is indeed price fixing in the closest to an open market there is outside of the "black" markets. It is probably the most protected monopoly in the world, currently, with the real, if not legal, power to tell it's supposed masters to get bent when they demand accountability.

The difference is the FED was established by an act of Congress. It's not supposed to be an open market.

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[Guy Corem]

In addition, we're working on a way to provide cryptographic proof of hash-rate without interrupting customer contract hashing.
If we'll implement both features successfully (our target is to do it in our 4th gen), we intend to contribute it as an open source Verilog implementation to allow other HW manufacturers to integrate them into their ASICs as well.

Looking forward to more information on this as well, especially as you're referring to an on-silicon solution for a problem that could (arguably should) be tackled in software (for the most part).  Regardless, kudos to you for planning to release it as open source (and presumably royalty-free).

- Locking the ASIC to a specific customer until a specific block height - open source Verilog, royalties free.

- Split mining (to allow uncrackable rev-share - if someone read it here for the first time, please go to original post first) - close source hardware implementation.

- Cryptographic proof of hash-rate - should be open source, royalties free. We're still researching the best method to do it.

Guy

[philipma1957]

In addition, we're working on a way to provide cryptographic proof of hash-rate without interrupting customer contract hashing.
If we'll implement both features successfully (our target is to do it in our 4th gen), we intend to contribute it as an open source Verilog implementation to allow other HW manufacturers to integrate them into their ASICs as well.

Looking forward to more information on this as well, especially as you're referring to an on-silicon solution for a problem that could (arguably should) be tackled in software (for the most part).  Regardless, kudos to you for planning to release it as open source (and presumably royalty-free).

- Locking the ASIC to a specific customer until a specific block height - open source Verilog, royalties free.

- Split mining (to allow uncrackable rev-share - if someone read it here for the first time, please go to original post first) - close source hardware implementation.

- Cryptographic proof of hash-rate - should be open source, royalties free. We're still researching the best method to do it.

Guy

A timeline estimate possible or not?

[RealMalatesta]

- Cryptographic proof of hash-rate - should be open source, royalties free. We're still researching the best method to do it.

Guy

Would LOVE to see this implemented!

[Guy Corem]

In addition, we're working on a way to provide cryptographic proof of hash-rate without interrupting customer contract hashing.
If we'll implement both features successfully (our target is to do it in our 4th gen), we intend to contribute it as an open source Verilog implementation to allow other HW manufacturers to integrate them into their ASICs as well.

Looking forward to more information on this as well, especially as you're referring to an on-silicon solution for a problem that could (arguably should) be tackled in software (for the most part).  Regardless, kudos to you for planning to release it as open source (and presumably royalty-free).

- Locking the ASIC to a specific customer until a specific block height - open source Verilog, royalties free.

- Split mining (to allow uncrackable rev-share - if someone read it here for the first time, please go to original post first) - close source hardware implementation.

- Cryptographic proof of hash-rate - should be open source, royalties free. We're still researching the best method to do it.

Guy

A timeline estimate possible or not?

We hope to complete working on the specs draft with Blockstream within the next couple of months, publish it, get feedback and implement first version in our 4th gen ASIC management layer.

[Guy Corem]

for bitfury maybe its not only about the money maybe they just want the have more then >50% hashin power.
Whit whole DC infrastructure already put in place, replacing the boards wont take to loong.

It will help the Bitcoin ecosystem flourish. Not.
You probably noticed the announcement that they bought Allied Control.

Really disappointed about that news. Seems to me the only reason they would do this is because they don't want everyone else to also have IC.

I guess we will be seeing more ghetto warehouse datacenters this year.

Not my words, but I fully agree:

"BitFury was already once in the position to dominate the market and it did (GHash + MegaBigPower, etc.).
...
But unlike with their first monopoly that was broken by a healthy competition, breaking the upcoming will require huge efforts that no
single competitor will be able to met alone."

Don't ask for the source, but I believe he won't mind me quoting him.

It took time to BitFury to fix rev1 and start deploying massive amount of hash power, directly, without partners (ask CEX, MBP and others...)

With rev3, the deployment will be much quicker and much more dangerous to the eco-system.
I see it as a real threat to Bitcoin. Pretty words about transparency, smart contracts (they misuse the concept to present cloud contracts provider as a reseller of hash power provided by BitFury in their Immersion Cooling DCs) won't mask it.

Guy

[s1gs3gv]

I see it as a real threat to Bitcoin.

The nice thing about open source crypto-currencies is that there is always another one (or two or three) waiting in the wings !

[Guy Corem]

I see it as a real threat to Bitcoin.

The nice thing about open source crypto-currencies is that there is always another one (or two or three) waiting in the wings !

Unfortunately, I'm all Bitcoin (and Sidechains).

[s1gs3gv]

I've been reading your recent comments re: new features in your 4th gen. Is it fair to assume that SP-T is preparing to distance itself from its promise to never set up a SP-T DC ?

Does SP-T expect to offer cloud mining contracts at some point in the future, albeit 'fair ones' with cryptographic proof of hardware existence  ?

[lulu2003]

Any idea what is the MAX load of the fan controller on a SP20?

the tiny connector (plus thin cables) is usually only specified for up to 1amp. Stock fans are 2amp. So I would estimate this as the maximum.

[s1gs3gv]

I see it as a real threat to Bitcoin.

The nice thing about open source crypto-currencies is that there is always another one (or two or three) waiting in the wings !

Unfortunately, I'm all Bitcoin (and Sidechains).

Well, that seems to be the flavor du' jour at the moment

[Guy Corem]

I see it as a real threat to Bitcoin.

The nice thing about open source crypto-currencies is that there is always another one (or two or three) waiting in the wings !

Unfortunately, I'm all Bitcoin (and Sidechains).

Well, that seems to be the flavor du' jour at the moment

We're working with Adam Back since the beginning of 2014.

[s1gs3gv]

We're working with Adam Back since the beginning of 2014.

Yes, I know. Did I miss your reply re: SP-T cloud mining offerings ?

[Guy Corem]

We're working with Adam Back since the beginning of 2014.

Yes, I know. Did I miss your reply re: SP-T cloud mining offerings ?

Yes, read back.

[opentoe]

Have you ever considered in forming an alliance like OPEC to limit the hash rate race?    I just saw Bitfury said that their cloud service would only add hardware based on demand, is this a trend towards more cloud based service?

It's funny to read it from mega self miner.
No, it's illegal.

How is that illegal?   It is just a consensus (if it ever can be reached). Even pools can be allied together to protect against a faulty fork in 2013, and against potential 51% attack if it ever happens

Imagine a vendor that have leading semi-conductor process 10nm, he can limit his production scale at a certain level so that the network hash rate increase slowly. He then could start a cloud mining service and sell the hash power at market rate, which leaves him large margin to deal with market volatility. I think that is what Bitfury means

In the USA there is an antitrust law preventing companies from joining together to set / fix prices and supply. Its to promote fair competition for the consumers.

about that antitrust thing, why has it not kicked in for Warner bros. and Comcast? they are trying to stop this whole "class 2" act and monopolise the communication of the USA? they want you to pay for internet you are already paying for, "oh, we cant push youtube or netflicks down our pipe quick enough, they must pay for bigger pipes... hey customer, you can pay, you are already paying for our service, its their pipes which are to small"

*customer pays * *comcast flicks switch* *customer gets 720p videos*

How in the world was Comcast allowed to buy/merge or whatever with Time Warner? Just a few years before it was NBC/Universal. Comcast is literally eating up the entertainment world. And those are only the companies we hear about. Check this list out. I know some people call it capitalism, but it is the same thing regarding running %51 of the BTC network. We don't want that to happen and we don't want one comcast doing the same. Sorry for off topic but there was a bitcoin comparison in there.


NBCUniversal

Television
NBC Television Network
NBC Entertainment
NBC News
NBC Sport Group
Universal Television (UTV)
Universal Cable Productions
NBC Universal Domestic Television Distribution
NBCUniversal International Television Distribution

NBC Local Media Division
NBC New York (WNBC)
NBC Los Angeles (KNBC)
NBC Chicago (WMAQ)
NBC Philadelphia (WCAU)
NBC Bay Area (KNTV)
NBC Dallas/Fort Worth (KXAS)
NBC Washington (WRC)
NBC Miami (WTVJ)
NBC San Diego (KNSD)
NBC Connecticut (WVIT)
NBC Everywhere
LX TV
Skycastle Entertainment

Telemundo
KVEA (Los Angeles)
WNJU (New York)
WSCV (Miami)
KTMD (Houston)
WSNS (Chicago)
KXTX (Dallas/Fort Worth)
KVDA (San Antonio)
KSTS (San Francisco/San Jose)
KTAZ (Phoenix)
KNSO (Fresno)
KDEN (Denver)
KBLR (Las Vegas)
WNEU (Boston/Merrimack)
KHRR (Tucson)
WKAQ (Puerto Rico)
KWHY (Los Angeles) (Independent)

Television Channels
Bravo
Chiller
CNBC
CNBC World
Comcast Charter Sports Southeast
Comcast Sports Group
Comcast SportsNet Bay Area
Comcast SportsNet California
Comcast SportsNet Chicago
Comcast SportsNet Houston
Comcast SportsNet Mid-Atlantic
Comcast SportsNet New England
Comcast SportsNet Northwest
Comcast SportsNet Philadelhpia
SNY
The Mtn.-Mountain West Sports Network
CSS
Comcast Sports Southwest
New England Cable News (Manages)
NBC Sports Network
The Comcast Network
E! Entertainment Television
G4
Golf Channel
MSNBC
mun2
Oxygen Media
Cloo
Sprout
The Style Network
Syfy
Universal HD
USA Network
The Weather Channel Companies
Syfy Universal (Universal Networks International)
Diva Universal (Universal Networks International)
Studio Universal (Universal Networks International)
Universal Channel (Universal Networks International)
13th Street Universal (Universal Networks International)
Movies 24 (Universal Networks International)
Hallmark Channel (non-U.S.) (Universal Networks International)
KidsCo (Interest) (Universal Networks International)

Film
Universal Pictures
Focus Features
Universal Studios Home Entertainment

Parks and Resorts
Universal Parks and Resorts

Digital Media
DailyCandy
Fandango
Hulu (32%)
iVillage
NBC.com
CNBC Digital
Plaxo

Communications
XFINITY TV
XFINITY Internet
XFINITY Voice

Sports Management
Comcast-Spectator
Philadelphia Flyers
Wells Fargo Center
Global Spectrum (Public Assembly Management)
Ovations Food Services
Front Row Marketing Services
Paciolan
New Era Tickets (ComcastTIX)
Flyers Skate Zone

Other
Comcast Ventures, which is invested in numerous companies.

And now onto Time Warner Cable:

Local channels
Time Warner Cable News

Regional Sports Networks
Metro Sports
Time Warner Cable Sports
Time Warner Cable SportsNet
Time Warner Cable Deportes
TWC Sports 32
SNY

Other
Adelphia — cable television company in PA
NaviSite — cloud and hosting services company
Insight Communications — cable operator
DukeNet Communications —Fiber optic network
Time Warner Cable Internet
Time Warner Cable Media (advertising)

Here are all of the cable regions Comcast will now acquire:

West Coast
California - Barstow, Desert Cities, Los Angeles, (north) San Diego, San Bernardino
Hawaii (Operating as Oceanic Time Warner Cable)

Midwest
Kansas - Kansas City
Missouri - Kansas City
Nebraska
Ohio - Akron, Canton, Cincinnati, Cleveland, Columbus, Dayton, Findlay/Lima, and Youngstown Kentucky - Lexington, Louisville, Northern Kentucky, Ashland
Pennsylvania - Erie County, Sharon
Wisconsin - Green Bay and Milwaukee

Northeast
Maine
New Hampshire - Berlin, Keene
Massachusetts - Athol, Pittsfield
Upstate New York

New York Cluster
New Jersey - Bergen County, Hudson County
New York - New York City (Manhattan, Queens, Staten Island, most of western Brooklyn), Mount Vernon (Westchester County, rest of county is Cablevision)

The Carolinas Cluster
North Carolina - Charlotte, Raleigh, Greensboro, and Wilmington
South Carolina - Columbia, Sumter, Florence, Summerville, Hilton Head and Myrtle Beach.

Texas Cluster
Texas - Arlington, Austin, Beaumont/Port Arthur, Corpus Christi, Dallas, El Paso, Harlingen, Killeen/Temple, Laredo, Rio Grande Valley, San Antonio, Waco, and Wichita Falls

National
Alabama - Dothan, Enterprise
Arizona - Yuma
California - El Centro
Colorado - Gunnison, Telluride
Idaho - Coeur d'Alene, Moscow
Indiana - Terre Haute
Virginia
Washington - Pullman

South West Ohio Division West Virginia - Clarksburg

[Marvell1]

so whats the better deal now
sp 31 at 4500 TH or so pulling 2100 or so watts  price $2200
or 3 sp20 pulling 1.55 TH at 3000 watts for 1200 or so

tough call.  Then you throw in the mini farm which is 24TH at around 15000Watts for $5500 k
vs
5 sp 31 at 22.5 TH pulling a measly 10500 watts  far more efficient of course but twice the price  


someone run the numbers lol

[opentoe]

My predictions, three months ago: Bitcoin TLV `14, #25 - Guy Corem - Mining Forecast
BitFury revealed their mining address two days afterwards. I didn't expect to see AntPool grow so much.
Let's see how the rest of my predictions will be in 2015. It was based of BTC value of $400

The rest of Inside Bitcoin TLV lectures can be found here: Inside Bitcoins Tel Aviv 2014t
I think that it was one of the best Inside Bitcoin conferences ever. Kudos to Meni Rosenfeld.

Updated?

General comments now Guy on what you think is going to happen in the next few months?

I believe I have good visibility, however I can't give specifics due to NDAs, investors relations, etc.

Guy

Bullcrap. Listen, if you are going to hide behind the NDAs and put yourself out of the community like that then don't even mention anything at all. This Bitcoin forum should be for all to collaborate and share information, once you start putting a hierarchy on who gets to know what then you are turning it right into the same financial system we have now and why a lot of people are here. Suggestion, don't sign anymore NDAs so you don't have to say, "can't give specifics due to NDAs. This of course is my opinion.

I understand your frustration. However, in the normal course of doing business, you really need to sign NDAs.
Also, sometime the competitors, which with most of them I'm on friendly terms, tells you things and expect you to keep them confidential.
I can reveal only general stuff, and I did it more or less in the presentation.

Guy

Since you already said you are aware of information related to bitcoin you cannot disclose to the public, and other manufacturer's, investors, people who paid up, just will eventually turn this community into one big ponzi scheme and it will eventually tumble. Once the top hierarchy sucks all the money out of the peeons, then it falls. What we are getting are just bits and pieces of the bone you guys throw at us to keep us tagging along. If everyone knew how deep and wide some manufacture's pockets go they would be schickled shocked!

Come on bitcoin, RISE TO WHERE YOU ONCE CAME!

[mavericklm]

SP31 4.9 TH/s ± 10%
2 x 1200 W - Drawing 2 x 1500 W "at the wall" (approved by the manufacturer)

You got your numbers wrong for sp31. At 4.5 would be around 2700w

And you need very good psu for sp20! crappy psu with 18awg wire is not good

[Guy Corem]

My predictions, three months ago: Bitcoin TLV `14, #25 - Guy Corem - Mining Forecast
BitFury revealed their mining address two days afterwards. I didn't expect to see AntPool grow so much.
Let's see how the rest of my predictions will be in 2015. It was based of BTC value of $400

The rest of Inside Bitcoin TLV lectures can be found here: Inside Bitcoins Tel Aviv 2014t
I think that it was one of the best Inside Bitcoin conferences ever. Kudos to Meni Rosenfeld.

Updated?

General comments now Guy on what you think is going to happen in the next few months?

I believe I have good visibility, however I can't give specifics due to NDAs, investors relations, etc.

Guy

Bullcrap. Listen, if you are going to hide behind the NDAs and put yourself out of the community like that then don't even mention anything at all. This Bitcoin forum should be for all to collaborate and share information, once you start putting a hierarchy on who gets to know what then you are turning it right into the same financial system we have now and why a lot of people are here. Suggestion, don't sign anymore NDAs so you don't have to say, "can't give specifics due to NDAs. This of course is my opinion.

I understand your frustration. However, in the normal course of doing business, you really need to sign NDAs.
Also, sometime the competitors, which with most of them I'm on friendly terms, tells you things and expect you to keep them confidential.
I can reveal only general stuff, and I did it more or less in the presentation.

Guy

Since you already said you are aware of information related to bitcoin you cannot disclose to the public, and other manufacturer's, investors, people who paid up, just will eventually turn this community into one big ponzi scheme and it will eventually tumble. Once the top hierarchy sucks all the money out of the peeons, then it falls. What we are getting are just bits and pieces of the bone you guys throw at us to keep us tagging along. If everyone knew how deep and wide some manufacture's pockets go they would be schickled shocked!

Come on bitcoin, RISE TO WHERE YOU ONCE CAME!

You confuse me with someone else.

[Taugeran]

Guy,

No someone is just having a bad day




On a side note I'm getting ready to buy a 3some of sp20 and would like to buy a few looseRockerbox for my personal project to ship at the same time if possible.

Would I just contact sales@ ?

Let me know

-Sam