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

[Guy Corem]

...
And as mining gear becomes cheaper to manufacture and operate, bitcoin prices will continue to fall.
...

Care to explain ?

I fail to see how lower $/GHs (and J/GH) affects the Bitcoin price.

I do agree that miners causes a downward pressure on the price to pay electricity bills.

[1715493033]

1715493033

[1715493033]

1715493033

[1715493033]

1715493033

[1715493033]

1715493033

[takagari]

...
And as mining gear becomes cheaper to manufacture and operate, bitcoin prices will continue to fall.
...

Care to explain ?

I fail to see how lower $/GHs (and J/GH) affects the Bitcoin price.

I do agree that miners causes a downward pressure on the price to pay electricity bills.

cheaper hardware doesnt mean lower btc, just more hardware lol

[Bicknellski]

...
And as mining gear becomes cheaper to manufacture and operate, bitcoin prices will continue to fall.
...

Care to explain ?

I fail to see how lower $/GHs (and J/GH) affects the Bitcoin price.

I do agree that miners causes a downward pressure on the price to pay electricity bills.

cheaper hardware doesnt mean lower btc, just more hardware lol

Higher difficulty.

[takagari]

...
And as mining gear becomes cheaper to manufacture and operate, bitcoin prices will continue to fall.
...

Care to explain ?

I fail to see how lower $/GHs (and J/GH) affects the Bitcoin price.

I do agree that miners causes a downward pressure on the price to pay electricity bills.

cheaper hardware doesnt mean lower btc, just more hardware lol

Higher difficulty.

It's a balancing act.

Cheaper hw, higher difficulty, means same hw amount, it will balance, and price is only tied to hardware for so long.

[Guy Corem]

can i cash in my 150USD coupon??

Please e-mail us at sales@spondoolies-tech.com. We can and should handle your personal transaction privately.

[marvykkio]

on the website of spondoolies are no longer available sp20, my question is, will return again sp20?

[Guy Corem]

on the website of spondoolies are no longer available sp20, my question is, will return again sp20?

Unfortunately, we've sold out.

[marvykkio]

but will be back in stock? or not to sell?

[Guy Corem]

but will be back in stock? or not to sell?

We currently don't intend to produce more SP20.

[Tupsu]

but will be back in stock? or not to sell?

It is no longer being manufactured.

[Dr Charles]

If you are a seller:
Right now may be a nice time to sell some of your used SP20's for a nice premium...

Right before the next generation is released but after all the new units have been sold out by the manufacturer.

if you are a buyer:
wait until Gen3 gets released and then purchase SP20's at a discount from the big dogs unloading to purchase the best new hardware

[s1gs3gv]

...
And as mining gear becomes cheaper to manufacture and operate, bitcoin prices will continue to fall.
...

Care to explain ?

If the price of bitcoin trends towards the cost of producing it, and the cost of producing it decreases, then the price of bitcoin decreases

[kendog77]

Honestly unless the price of bitcoin goes substantially higher in the near future. There will be no industrial sales at all.

Reason being is that a about a year ago. You could buy a $10,000 miner, get ROI after 5 months and make a few thousands afterwards with that miner. So for industry reasons buying 50-250 miners at a time was well worth it. Especially in many underdeveloped nations where electricity and labor was cheap.

Now miners are slightly little more efficient as before, but difficulty keeps increasing, and yet price fails to increase.

The same industries are not going to pay $1000 for a miner, which will get ROI after 5 months or so just to make a few hundred dollars profit per miner.


There is a big difference in, buying a $10,000 miner, and making $5,000 with that miner after a year or use THEN buying a $1,000 miner and making $500.

Buying 10 times as much miners isn't an option because it takes up more space and uses much more power and heat.

This is just my humble opinion. Who knows what the future will bring.

Agreed, the mining market appears to be saturated right now based on the current BTC price, which is obvious because the difficulty has leveled out.

Unless the price of BTC goes up soon, it doesn't make much sense for hardware manufacturers to design and manufacturer more efficient hardware, and it also doesn't make much sense for miners to buy more efficient hardware.

I doubt we'll see much money invested in new mining hardware after the first half of 2015 unless the price of BTC spikes.

At some point, even the biggest Bitcoin bulls need to face reality and pay the bills.

[dmeter]

Unless the price of BTC goes up soon, it doesn't make much sense for hardware manufacturers to design and manufacturer more efficient hardware, and it also doesn't make much sense for miners to buy more efficient hardware.

I doubt we'll see much money invested in new mining hardware after the first half of 2015 unless the price of BTC spikes.

At some point, even the biggest Bitcoin bulls need to face reality and pay the bills.

impossible is to Bitcoin price spikes,because miner must sale all BTC to pay electric bill and bay new gear.Also manufacture must sale all bitcoin to pay chip maker.
and price is now good 230-250$ for 1 BTC is good price.
Also be good if BTC drop 100-130$ or lower because all big miner go bankrupcy,and hardware manufacture closed door for 30-60 days,and bitcoin return to home miner
and i bay BTC for low price and wait next halving.I have money in saving acount whit 0,25% interest.If bitcoin jumpe in one year 5% i am on horse

[Dr Charles]

^^ have you tried to reset to factory settings and reboot?

[Biffa]

Just try both and same

Are you using one PSU or two to power the SP20?

Try moving the pcie cables to alternate sockets and see if the loop that is off changes.

[josheche]

If you are a seller:
Right now may be a nice time to sell some of your used SP20's for a nice premium...

Right before the next generation is released but after all the new units have been sold out by the manufacturer.

if you are a buyer:
wait until Gen3 gets released and then purchase SP20's at a discount from the big dogs unloading to purchase the best new hardware

THIS.

Just mentioned this in https://bitcointalk.org/index.php?topic=872014.msg10567287#msg10567287

Expect new third-party Shopify stores popping up with used SP-20 bundles for sale (psu/cables included,) boasting under-clocked/over-clocked settings "out of the box". 

[Marvell1]

Unless the price of BTC goes up soon, it doesn't make much sense for hardware manufacturers to design and manufacturer more efficient hardware, and it also doesn't make much sense for miners to buy more efficient hardware.

I doubt we'll see much money invested in new mining hardware after the first half of 2015 unless the price of BTC spikes.

At some point, even the biggest Bitcoin bulls need to face reality and pay the bills.

impossible is to Bitcoin price spikes,because miner must sale all BTC to pay electric bill and bay new gear.Also manufacture must sale all bitcoin to pay chip maker.
and price is now good 230-250$ for 1 BTC is good price.
Also be good if BTC drop 100-130$ or lower because all big miner go bankrupcy,and hardware manufacture closed door for 30-60 days,and bitcoin return to home miner
and i bay BTC for low price and wait next halving.I have money in saving acount whit 0,25% interest.If bitcoin jumpe in one year 5% i am on horse

Bingo , if that price dump in january could have lasted 3-5 more weeks we would be in much better shape as home miners

[nhminer]

If you are a seller:
Right now may be a nice time to sell some of your used SP20's for a nice premium...

Right before the next generation is released but after all the new units have been sold out by the manufacturer.

if you are a buyer:
wait until Gen3 gets released and then purchase SP20's at a discount from the big dogs unloading to purchase the best new hardware

Anyone in the SF Bay area want to buy a pair of SP20s?

[alh]

If you are a seller:
Right now may be a nice time to sell some of your used SP20's for a nice premium...

Right before the next generation is released but after all the new units have been sold out by the manufacturer.

if you are a buyer:
wait until Gen3 gets released and then purchase SP20's at a discount from the big dogs unloading to purchase the best new hardware

Anyone in the SF Bay area want to buy a pair of SP20s?

You should put this under the "Marketplace" section of the "Bitcoin Forum". You'll get some bites over there, or on Ebay.