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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Guy Corem (OP)
Donator
Legendary
 Offline
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
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March 21, 2014, 10:11:21 PM |
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Are you will be selling bare chips for DIY miners?
Yes. Working with TSMC to reduce lead time before official offerings. |
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SyRenity
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March 22, 2014, 12:36:23 AM
Last edit: March 22, 2014, 02:59:30 AM by SyRenity |
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Nice results from testing the latest firmware!  Ambient temperature of ~25C. |
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JWU42
Legendary
Offline
Activity: 1666
Merit: 1000
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March 22, 2014, 02:12:32 AM |
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Think it was a FW issue where I was located at the time... |
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CryptKeeper
Legendary
Offline
Activity: 2044
Merit: 1055
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March 22, 2014, 07:27:48 AM |
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I must say, that I am very impressed of this company. I was in email-contact with their support, because I used the wrong bank account for my order. They were very friendly and responded very quick to my mails. They could clear things up so everything is fine now for me, my order was confirmed. Thumbs up for the good support!  |
Follow me on twitter! I'm a private Bitcoin and altcoin hodler. Giving away crypto for free on my Twitter feed!
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Guy Corem (OP)
Donator
Legendary
Offline
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
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March 22, 2014, 09:30:36 AM |
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I must say, that I am very impressed of this company. I was in email-contact with their support, because I used the wrong bank account for my order. They were very friendly and responded very quick to my mails. They could clear things up so everything is fine now for me, my order was confirmed. Thumbs up for the good support! Thank you |
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Somekindabitcoin
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March 22, 2014, 09:36:19 AM |
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I just want to you know if you clear customs for U.S shipment.
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Guy Corem (OP)
Donator
Legendary
Offline
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
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March 22, 2014, 09:49:39 AM |
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Nice results from testing the latest firmware! Ambient temperature of ~25C. It's hot in Israel today (practically summer), the miner is in the office (not in our data center) and the results are pretty good. See for yourself here: http://eligius.st/~wizkid057/newstats/userstats.php/1PzK2WeeB9GzZwzPPJfA2h1D25Hsv2yb5eStill tweaking the fw to get better results. We've designed with 1.3 TH/s goal, we got 1.4 TH/s - 1.6 TH/s |
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Tovadnok
Newbie
Offline
Activity: 44
Merit: 0
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March 22, 2014, 10:52:35 AM |
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You guys are trying to create hype and get people to buy hardware that's unreasonably priced.
I would love to order a product like this but unfortunately you are aiming for a near term profit based on hype instead of establishing yourselves as a reasonable vendor.
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JWU42
Legendary
Offline
Activity: 1666
Merit: 1000
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March 22, 2014, 10:59:06 AM
Last edit: March 22, 2014, 11:10:45 AM by JWU42 |
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You guys are trying to create hype and get people to buy hardware that's unreasonably priced.
I too love the tech but cannot rationalize the pricing. I struggled paying $4 per GH in October and cannot foresee paying near that now when diff is up by a factor of 10. If there is room to negotiate volume discounts please advise via PM. |
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bobsmoke
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March 22, 2014, 11:11:20 AM |
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You guys are trying to create hype and get people to buy hardware that's unreasonably priced.
I would love to order a product like this but unfortunately you are aiming for a near term profit based on hype instead of establishing yourselves as a reasonable vendor.
I too love the tech but cannot rationalize the pricing. Oh well... I need to agree . If we consider the price of BTC at 750 ; a diff increase of 16% for each round ; the SP10 (1.4Th) delivered on 16 April and SP30 (5.4Th) delivered on 24 July without counting with hosting price you wont profit until Jan 2015. |
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nikolaz
Member
Offline
Activity: 98
Merit: 10
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March 22, 2014, 11:14:54 AM |
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You guys are trying to create hype and get people to buy hardware that's unreasonably priced.
I would love to order a product like this but unfortunately you are aiming for a near term profit based on hype instead of establishing yourselves as a reasonable vendor.
Put it this way, these guys have worked on this machine for 8 months on VC and Angel Investment, now they need to make some serious amount of money. I am not saying this is bad, this is actually good as it will increase the pressure on other manufacturers. At the moment SP10 is $0.24 per GH/s more expensive than S2, however it will be delivered a month after S2, so you will be losing around 2BTC... Few things can happen, Spondoolies can lower their price to compete with Bitmain, Bitmain will lower their prices to compete with Spondoolies, then all we have to hope for a 3rd manufacturer come into the market that will actually ship its miners. It will be great when not one company can have monopoly over the manufacturing of these miners. On the other hand these guys can work together to keep the prices high. Capitalism baby... |
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Bicknellski
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March 22, 2014, 11:16:02 AM
Last edit: March 22, 2014, 11:54:36 AM by Bicknellski |
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You guys are trying to create hype and get people to buy hardware that's unreasonably priced.
I would love to order a product like this but unfortunately you are aiming for a near term profit based on hype instead of establishing yourselves as a reasonable vendor.
What are the costs of development and production? What is the profit margin they need to keep making more products? What is a "FAIR" price in this marketplace given the many companies out there that have FAILED to deliver? What is near term profit look like? What does a reasonable vendor do? Unless you have the spreadsheet right in front of you from every fabricator out there basing what is FAIR versus what the market will accept versus the "ROI" potential of any ASIC Rig right now I think that no reasonable person would be interested in buying any miner given the numbers. What is obvious to anyone following the market for miners is that unless you are willing to steal the tech out right then getting a "FAIR" price is pretty hard if you think you want to get a return on your investment with a mining rig. I don't think all these calls about companies hyping or looking for short term gains applies to every fabricator. Either you expect companies to make miners for a reasonable profit or you don't think they should make any at all. The pricing here is probably inline with a start-up looking to recoup a lot of initial investment. What is reputable is that they are NOT funding the development with community money. That is telling. That is what you want to focus on. That is hopefully how most ASIC miners enter the market from now on. Let us see what happens but given the path this company chose I'd be more inclined to buy here than most others. http://www.coindesk.com/spondoolies-tech-promises-power-efficient-mining/Spondoolies-Tech has raised over $5.5m in funding. This came from two Israeli venture capital firms: Genesis Partners, and BRM. $1m came from a group of angel investors. |
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Felipeo
Sr. Member
Offline
Activity: 476
Merit: 262
EOSABC
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March 22, 2014, 11:39:24 AM |
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Are you will be selling bare chips for DIY miners?
Yes. Working with TSMC to reduce lead time before official offerings. Ok, thank you! |
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SyRenity
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March 22, 2014, 06:13:15 PM |
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Latest firmware results are very promising - we are continuously pushing the miner TH/s speed:  (Taking the demo Eligius machine down for testing and further tuning, will restore it back soon). |
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Somekindabitcoin
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March 22, 2014, 07:23:20 PM |
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Do you have an IPO or is it a private listing that you got from seed funding?
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SyRenity
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March 22, 2014, 07:28:02 PM |
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Do you have an IPO or is it a private listing that you got from seed funding?
We are VC backed: |
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raskul
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March 24, 2014, 11:34:50 AM |
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i may just pop out and buy a new cabinet
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tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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merv77
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March 24, 2014, 01:40:44 PM |
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are SP10's shipping now?
if purchasing one or two today, when would they be shipped?
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