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Author Topic: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs  (Read 1256101 times)
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Bicknellski
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February 23, 2015, 05:45:13 AM
 #11581

How is everyone missing the main point when Spondoolies says that the next gen is not for home use?   Huh

They will NOT be retailing single units. They will likely only sell large batches to industrial mining operations... just like KNC and Bitfury. There are many reasons why they would want to do this and I'm sure most of us have heard them all before.
I didn't say that. I said that our first form factor is suitable for large scale deployment. If there will be home mining market, we'll have other offerings.
We do intend to offer the best rates cloud mining with Genesis Mining.

Only bulk sales? I don't want to dive in on a whole batch of 30 on my own. I don't have the cash for that.  

Group Buy.

Problem Solved.
The group buys were nice PR, not a real commercial success.

Not suggesting you organize it.

Members of the community can easily pool their own coins and do this.

Suggest you avoid Bobsag3 and others with a similar pedigree but there are still plenty of people I suspect willing to mine given the replies here so far. Why they would is beyond me but I guess they want miners. If people are going to mine at home they will have to band together to get units.

I can't see any other way. Bitmain will move towards this model as well they know it is economical to avoid 1000s of customers and pair it down to 100's customers for the same return.

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February 23, 2015, 05:47:06 AM
 #11582

We'll sell to anyone interested in buying our equipment. I believe that our initial form factor won't be suitable for non bulk buyers.
90%-95% of our revenues came from bulk purchases, this is why we're targeting the initial form factor towards bulk buyers.

Will you still make them available for non bulk buyers?
Probably yes.

New Mimblewimble implementation: https://www.beam.mw
Spondoolies is back with the SPx36: https://www.spondoolies-tech.com/products/spx36
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February 23, 2015, 05:49:02 AM
 #11583

How is everyone missing the main point when Spondoolies says that the next gen is not for home use?   Huh

They will NOT be retailing single units. They will likely only sell large batches to industrial mining operations... just like KNC and Bitfury. There are many reasons why they would want to do this and I'm sure most of us have heard them all before.
I didn't say that. I said that our first form factor is suitable for large scale deployment. If there will be home mining market, we'll have other offerings.
We do intend to offer the best rates cloud mining with Genesis Mining.

Only bulk sales? I don't want to dive in on a whole batch of 30 on my own. I don't have the cash for that.  

Group Buy.

Problem Solved.
The group buys were nice PR, not a real commercial success.

Not suggesting you organize it.

Members of the community can easily pool their own coins and do this.

Suggest you avoid Bobsag3 and others with a similar pedigree but there are still plenty of people I suspect willing to mine given the replies here so far. Why they would is beyond me but I guess they want miners. If people are going to mine at home they will have to band together to get units.

I can't see any other way. Bitmain will move towards this model as well they know it is economical to avoid 1000s of customers and pair it down to 100's customers for the same return.
Alternatively, we're thinking about "shared mines". Create management companies by a trusted operators in a low cost electricity places, and sell or pre-sell mining capacity (after the tech will be proven).

New Mimblewimble implementation: https://www.beam.mw
Spondoolies is back with the SPx36: https://www.spondoolies-tech.com/products/spx36
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February 23, 2015, 07:32:43 AM
 #11584

How is everyone missing the main point when Spondoolies says that the next gen is not for home use?   Huh

They will NOT be retailing single units. They will likely only sell large batches to industrial mining operations... just like KNC and Bitfury. There are many reasons why they would want to do this and I'm sure most of us have heard them all before.
I didn't say that. I said that our first form factor is suitable for large scale deployment. If there will be home mining market, we'll have other offerings.
We do intend to offer the best rates cloud mining with Genesis Mining.

Only bulk sales? I don't want to dive in on a whole batch of 30 on my own. I don't have the cash for that.  

Group Buy.

Problem Solved.
The group buys were nice PR, not a real commercial success.

Not suggesting you organize it.

Members of the community can easily pool their own coins and do this.

Suggest you avoid Bobsag3 and others with a similar pedigree but there are still plenty of people I suspect willing to mine given the replies here so far. Why they would is beyond me but I guess they want miners. If people are going to mine at home they will have to band together to get units.

I can't see any other way. Bitmain will move towards this model as well they know it is economical to avoid 1000s of customers and pair it down to 100's customers for the same return.

Lol youre not understanding hes saying they would need to be in the 100s of thousands in sales of a group buy for it to be worth it for sp tech , group buys on this new hardware is dead

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February 23, 2015, 07:56:48 AM
Last edit: February 23, 2015, 08:20:17 AM by Bicknellski
 #11585

How is everyone missing the main point when Spondoolies says that the next gen is not for home use?   Huh

They will NOT be retailing single units. They will likely only sell large batches to industrial mining operations... just like KNC and Bitfury. There are many reasons why they would want to do this and I'm sure most of us have heard them all before.
I didn't say that. I said that our first form factor is suitable for large scale deployment. If there will be home mining market, we'll have other offerings.
We do intend to offer the best rates cloud mining with Genesis Mining.

Only bulk sales? I don't want to dive in on a whole batch of 30 on my own. I don't have the cash for that.  

Group Buy.

Problem Solved.
The group buys were nice PR, not a real commercial success.

Not suggesting you organize it.

Members of the community can easily pool their own coins and do this.

Suggest you avoid Bobsag3 and others with a similar pedigree but there are still plenty of people I suspect willing to mine given the replies here so far. Why they would is beyond me but I guess they want miners. If people are going to mine at home they will have to band together to get units.

I can't see any other way. Bitmain will move towards this model as well they know it is economical to avoid 1000s of customers and pair it down to 100's customers for the same return.

Lol youre not understanding hes saying they would need to be in the 100s of thousands in sales of a group buy for it to be worth it for sp tech , group buys on this new hardware is dead

You are not getting what I am saying.

Millions can be collected in a real group buy.

Been done before in this community. See Zefir's chip buys for example.

Hell I held 80K (721 BTC) in my hand for one order.

What is dead is home mining. Why would anyone POOL resources to then split it up and lose the potential savings of such a massive amount of hashrate?

I think that SPTech offering up a shared mine (farm) is interesting. Very very interesting. Why cloud mine if you can share resources and own the hardware?


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February 23, 2015, 08:26:31 AM
 #11586

Our warehouse here is ready with 1.5 MW transformer and 2 cent per kw power.

The warehouse is ready with evaporative cooling.

We are just waiting for new gen from  Bitmain or SP.
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February 23, 2015, 08:58:21 AM
 #11587

Our warehouse here is ready with 1.5 MW transformer and 2 cent per kw power.

The warehouse is ready with evaporative cooling.

We are just waiting for new gen from  Bitmain or SP.

Waiting? For the next gen? 0 cash flow?

Wow. Hope you catch a break on difficulty and BTC price.

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February 23, 2015, 09:11:39 AM
 #11588

Our warehouse here is ready with 1.5 MW transformer and 2 cent per kw power.

The warehouse is ready with evaporative cooling.

We are just waiting for new gen from  Bitmain or SP.

Waiting? For the next gen? 0 cash flow?

Wow. Hope you catch a break on difficulty and BTC price.

We hope so. When the time come will recalculate our numbers before we start purchase.
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February 23, 2015, 10:00:46 AM
 #11589

If new equipment will not allow use existing power supplies it will be not so interesting for most miners.
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February 23, 2015, 10:17:31 AM
 #11590

Just to be clear.

What means bulk buyer?

50-100kw

100-500kw

500kw-1Mw

1Mw+




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February 23, 2015, 10:20:27 AM
 #11591

I can manufacture the chassis myself if I have the CADs so if you sell just boards and controller I can pretty much get the whole thing set up. I have tons of delta fans as well Smiley


I would have thought up the same modular way, as this saves on the exterior, multiple small fans, and controllers and MB.  Bitfury, and ASM have been doing it for awhile, they probably have custom Unit-sizes in house that the public does not know about, in their mines.
Beside BMT upgrade kits, I'm not aware of any other company that successfully reused the chassis, PSUs, fans and controller.
I know that BitFury planed for it but they're currently moving towards immersion cooling in their DCs, so they seem to discard the idea.
In addition, BitFury raspberry pi controller didn't have spare capacity to handle the increase in job creation rate.

We intend to allow quick upgrade between our 3rd and future gens.
We'll probably manufacture the hashing boards closer to the packaging house and ship them by air, while the chassis will be shipped by sea or be manufactured closer to the deployment locations.

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February 23, 2015, 12:13:16 PM
 #11592

We'll probably manufacture the hashing boards closer to the packaging house and ship them by air, while the chassis will be shipped by sea or be manufactured closer to the deployment locations.
yes i am intrested for hashing board (whit Connectors, Interconnects (serial number of producer or digikey number)) and controler board
dimension of board and TDP of chips,
detailed plan of rack.



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February 23, 2015, 12:22:06 PM
 #11593

I can manufacture the chassis myself if I have the CADs so if you sell just boards and controller I can pretty much get the whole thing set up. I have tons of delta fans as well Smiley
also i today recive 10 delta PSU 2000W   160A 12v
also have delta fan from 500 cfm to 2000cfm and more if need
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February 23, 2015, 12:27:00 PM
Last edit: February 23, 2015, 03:39:33 PM by dmeter
 #11594

Will you still make them available for non bulk buyers?
Ognasty.make contact whit Spondoolies. And open group bay.
depende of price i bay 2 set sp-100 and spare controler.
may home litle mining

exschange box is dimension 3,5x3,5 x 2,4 meter whit mil Astrocell-Cleanroom-Air-Filter


8 hour in day i have negative price of electric in winter in summer 10 hour day.
if i dont spend 7 kwh i must pay 1$ by hour,if i spend 7kwh i pay 0$ and recive 1$ on account
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February 23, 2015, 01:51:48 PM
Last edit: February 23, 2015, 03:12:56 PM by Spondoolies-Tech
 #11595

Spondoolies, can you provide an approximate power versus hashrate graph (or table) for the SP35? This will help in optimizing net profit for these units based on local electricity rates.

New Mimblewimble implementation: https://www.beam.mw
Spondoolies is back with the SPx36: https://www.spondoolies-tech.com/products/spx36
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February 23, 2015, 05:04:15 PM
 #11596

12U, 16kw, 10 replaceable hashing boards.
IMHO, if you came out with something like 4U/5Kw/3 or 4 board version in the 20-25TH range you'd make a killing.  I think that would still keep the home miner in the game as basically anyone with 5 SP20's running today should/would be able to convert over to this. As with the SP30/31/35 the rack mount form factor would be great for those of us in a datacenter setting.
I would absolutely buy one of your third generation units at a 4U form factor, i can not imagine it costing you that much more to release both form factors simultaneously. Since if you did released it to industrial miners first they would have the advantage of the new ASIC technology before the home miners giving the industrial miners more of an advantage. Releasing both form factors simultaneously however would create a more level playing field. You would also gain even more respect then you already have amongst the Bitcoin community. Furthermore in the long run this might even be the most profitable strategy for spoondoolies, since what is good for Bitcoin is also good for spondoolies. that is one of the beautiful things about Bitcoin, it is supposed to align incentives towards good. Smiley
Launching two product lines simultaneously isn't feasible. As with our previous gens, we'll be open to sell our ASICs.
The 3 months lead time on the ASICs kill most of those deals.
If it at all helps to do pre-orders, i think you should. I would pre-order a 4u or 2u third generation unit and i am sure many other people here would do so as well, i bought my sp31's on a pre order as well after all. Smiley
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February 23, 2015, 05:10:14 PM
 #11597

Will you still make them available for non bulk buyers?

Ognasty.make contact whit Spondoolies. And open group bay.

While I would love to run a group buy for Spondoolies next gen equipment, I think that it would require conversations with the Spondoolies team.  While no such conversations have taken place, I would definitely be open to anything I could do to help the community or Spondoolies.  Keep me in mind Spondoolies team!

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February 23, 2015, 05:46:23 PM
 #11598

12U, 16kw, 10 replaceable hashing boards.
IMHO, if you came out with something like 4U/5Kw/3 or 4 board version in the 20-25TH range you'd make a killing.  I think that would still keep the home miner in the game as basically anyone with 5 SP20's running today should/would be able to convert over to this. As with the SP30/31/35 the rack mount form factor would be great for those of us in a datacenter setting.
I would absolutely buy one of your third generation units at a 4U form factor, i can not imagine it costing you that much more to release both form factors simultaneously. Since if you did released it to industrial miners first they would have the advantage of the new ASIC technology before the home miners giving the industrial miners more of an advantage. Releasing both form factors simultaneously however would create a more level playing field. You would also gain even more respect then you already have amongst the Bitcoin community. Furthermore in the long run this might even be the most profitable strategy for spoondoolies, since what is good for Bitcoin is also good for spondoolies. that is one of the beautiful things about Bitcoin, it is supposed to align incentives towards good. Smiley
Launching two product lines simultaneously isn't feasible. As with our previous gens, we'll be open to sell our ASICs.
The 3 months lead time on the ASICs kill most of those deals.
If it at all helps to do pre-orders, i think you should. I would pre-order a 4u or 2u third generation unit and i am sure many other people here would do so as well, i bought my sp31's on a pre order as well after all. Smiley
Thank you for your suggestion. However, due to the technology risk of our 3rd gen tech, we don't think it's suitable for pre-orders by non accredited investors.
We're working on funding the masks set and initial batch not through pre-orders.

New Mimblewimble implementation: https://www.beam.mw
Spondoolies is back with the SPx36: https://www.spondoolies-tech.com/products/spx36
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February 23, 2015, 06:49:48 PM
 #11599

12U, 16kw, 10 replaceable hashing boards.
IMHO, if you came out with something like 4U/5Kw/3 or 4 board version in the 20-25TH range you'd make a killing.  I think that would still keep the home miner in the game as basically anyone with 5 SP20's running today should/would be able to convert over to this. As with the SP30/31/35 the rack mount form factor would be great for those of us in a datacenter setting.
I would absolutely buy one of your third generation units at a 4U form factor, i can not imagine it costing you that much more to release both form factors simultaneously. Since if you did released it to industrial miners first they would have the advantage of the new ASIC technology before the home miners giving the industrial miners more of an advantage. Releasing both form factors simultaneously however would create a more level playing field. You would also gain even more respect then you already have amongst the Bitcoin community. Furthermore in the long run this might even be the most profitable strategy for spoondoolies, since what is good for Bitcoin is also good for spondoolies. that is one of the beautiful things about Bitcoin, it is supposed to align incentives towards good. Smiley
Launching two product lines simultaneously isn't feasible. As with our previous gens, we'll be open to sell our ASICs.
The 3 months lead time on the ASICs kill most of those deals.
If it at all helps to do pre-orders, i think you should. I would pre-order a 4u or 2u third generation unit and i am sure many other people here would do so as well, i bought my sp31's on a pre order as well after all. Smiley
Thank you for your suggestion. However, due to the technology risk of our 3rd gen tech, we don't think it's suitable for pre-orders by non accredited investors.
We're working on funding the masks set and initial batch not through pre-orders.

Don't underestimate how important it is that this company is actively resisting pre-orders.

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February 23, 2015, 07:03:35 PM
 #11600

Depending on how much hosting space we have available when stuff starts to move, I'd definitely look into facilitating a group buy (or at least endorsing one) with some of the miners ending up here and/or going to various US-domestic home miners, for smaller gear built on Gen3 stuff.

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