Searing
Copper Member
Legendary
 Offline
Activity: 2898
Merit: 1464
Clueless!
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June 11, 2014, 08:02:17 AM |
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Trying to get my Dad to order an SP30 along with me but he doesn't like ordering something that cost that much and then have to wait quite a while to get it. And I can't come up with any positive notes on why it is a good deal. He's old school. You give your money, you get your product. Once the Neptune's start rolling out from KNC and start hashing away, maybe some deciding factors will present themselves. God I'm such a baby, it's only $5k, right? 4 mortgage payments, big deal.  I'm guessing even before the September SP30's come out they will be sold out so they'll never be in stock anyway. Has to be a psychological thing to I think. well to be truthful using the aug batch one as an example at my elec rate of 15c sp30 power usage with also a/c etc (comes in aug) I made exactly 0.20 btc more with the miner then just going out and buying BTC at 650 usd a btc so get out the old calculator cost of equip/shipping/setup/elec costs/elec cooling costs etc etc take same amount of $$ vs what the unit will make using something like www.thegenesisblock.com (i used 40% difficulty change a month which i think is now too low) and come to your own conclusions spondoolies has the best deals in equip so far but one could make the case that swapping oranges for oranges $$$ for equip to btc or $$$ to btc it is getting to the point you can drop equip out of that scenario...it is a wash at best and a $$$ to btc loss at this point in time....anyway my view on how to approach this my 2c worth Searing |
Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:) |
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cbcm.co
Newbie
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Activity: 44
Merit: 0
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June 11, 2014, 08:43:30 AM |
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What exactly is legit? this hair brain scheme, this attempt? certainly you don't mean two penniless east europeans who cannot even scrape together 100,000 dollars between them to buy 35 SP's. They need to start this all off by raising a meager 100,000 dollars? 90% of the drivel in their little "prospectus" consists of trading off the name of Spondoolies-Tech. That's all they talk about. As though your promise to supply them equipment if they are successful to raise money and their promise to buy your equipmentif they are sucessful to raise money, somehow makes this scheme legit? How about I actual buy your product then of parcel it out as shares, without even having to mention who I bought it from. And from there I buy more. This scheme will never success in the sphere of the bitcoin miners and buyer, this community is far to clever for that. It is geared towards more the sleezy cloudhasing rubbish aimed at the clueless out there, but this time round with a sophisticated twist to appeal to the clued in miners and traders of bitcoins.
I truly hope that is what you mean and are not in fact endorsing the attempted operation, thepeople, the company itself.
Welcome to our main IPO thread: https://bitcointalk.org/index.php?topic=647360And please use Your main account to discuss, but not newbie one. |
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zvisha
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June 11, 2014, 11:56:46 AM |
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Archibald Chikungunya
Newbie
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Activity: 3
Merit: 0
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June 11, 2014, 12:13:09 PM |
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What exactly is legit? this hair brain scheme, this attempt? certainly you don't mean two penniless east europeans who cannot even scrape together 100,000 dollars between them to buy 35 SP's. They need to start this all off by raising a meager 100,000 dollars? 90% of the drivel in their little "prospectus" consists of trading off the name of Spondoolies-Tech. That's all they talk about. As though your promise to supply them equipment if they are successful to raise money and their promise to buy your equipmentif they are sucessful to raise money, somehow makes this scheme legit? How about I actual buy your product then of parcel it out as shares, without even having to mention who I bought it from. And from there I buy more. This scheme will never success in the sphere of the bitcoin miners and buyer, this community is far to clever for that. It is geared towards more the sleezy cloudhasing rubbish aimed at the clueless out there, but this time round with a sophisticated twist to appeal to the clued in miners and traders of bitcoins.
I truly hope that is what you mean and are not in fact endorsing the attempted operation, thepeople, the company itself.
Welcome to our main IPO thread: https://bitcointalk.org/index.php?topic=647360And please use Your main account to discuss, but not newbie one. I most certainly will but before we do that explain to me this cunningly used word "partnership" all over the prospectus? The Partnership
CBCM has a partnership with Spondoolies-Tech to deliver their SP 10 devices in June.
Agreements
CBCM has reached a partnership agreements with Spondoolies-Tech to provide mining equipment According to the owner of Spondoolies; it is quite simple if you raise the funds you can buy the goods. Anyone can buy the goods if they have the money, yet you've carefully submitted the words "agreements" and "partnerships" in the prospectus to make it appear as Spondoolie-Tech is some how involved further than simply exchanging their hardware for monies. Assuming their first round will be a success, we'll cover it with 35 SP10s we removed from our stock. Yet you persist to use the following throughout the prospectus: The Partnership Agreementswhich are: Articles of partnership is a voluntary contract between two or among more than two persons to place their capital, labor, and skills, and corporation in business with the understanding that there will be a sharing of the profits and losses between/among partners. Outside of North America, it is normally referred to simply as a partnership agreement. |
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Bicknellski
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June 11, 2014, 12:16:01 PM |
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[quote author=Archibald Chikungunya link=topic=521520.msg7249604#msg7249604 date=1402488789]
[quote author=cbcm.co link=topic=521520.msg7246979#msg7246979 date=1402476210]
[quote author=Archibald Chikungunya link=topic=521520.msg7246353#msg7246353 date=1402473074]
What exactly is legit? this hair brain scheme, this attempt? certainly you
don't mean two penniless east europeans who cannot even scrape together
100,000 dollars between them to buy 35 SP's. They need to start this all off
by raising a meager 100,000 dollars? 90% of the drivel in their little "prospectus"
consists of trading off the name of Spondoolies-Tech. That's all they talk about.
As though your promise to supply them equipment if they are successful to raise
money and their promise to buy your equipmentif they are sucessful to raise money,
somehow makes this scheme legit? How about I actual buy your product then of
parcel it out as shares, without even having to mention who I bought it from.
And from there I buy more. This scheme will never success in the sphere of the
bitcoin miners and buyer, this community is far to clever for that. It is geared
towards more the sleezy cloudhasing rubbish aimed at the clueless out there,
but this time round with a sophisticated twist to appeal to the clued in miners
and traders of bitcoins.
I truly hope that is what you mean and are not in fact endorsing the attempted
operation, thepeople, the company itself.
[/quote]
Welcome to our main IPO thread: [url=https://bitcointalk.org/index.php?topic=647360]https://bitcointalk.org/index.php?topic=647360[/url]
And please use Your main account to discuss, but not newbie one.
[/quote]
I most certainly will but before we do that explain to me this cunningly used
word "partnership" all over the prospectus?
[quote]The Partnership
CBCM has a partnership with Spondoolies-Tech to deliver their SP 10 devices in June.
Agreements
CBCM has reached a partnership agreements with Spondoolies-Tech to provide mining equipment[/quote]
According to the owner of Spondoolies; it is quite simple if you raise the funds you can
buy the goods. Anyone can buy the goods if they have the money, yet you've carefully
submitted the words "agreements" and "partnerships" in the prospectus to make it appear
as Spondoolie-Tech is some how involved further than simply exchanging their hardware for monies.
[quote author=Spondoolies-Tech ]Assuming their first round will be a success, we'll cover
it with 35 SP10s we removed from our stock.[/quote]
Yet you persist to use the following throughout the prospectus:
[i]The Partnership Agreements[/i]
which are:
[quote]Articles of partnership is a voluntary contract between two or among more than
two persons to place their capital, labor, and skills, and corporation in business with the
understanding that there will be a sharing of the profits and losses between/among
partners. Outside of North America, it is normally referred to simply as a partnership
agreement.[/quote]
[/quote] Can you take all this over to the other thread? Seriously not really why people come here to read pages and pages interrogatives. |
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ChefDeFunk
Newbie
Offline
Activity: 2
Merit: 0
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June 11, 2014, 12:54:32 PM |
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Small question, as I didn't want to go through the mass amount of pages, but would there be a discount for ordering large bulk of your coming out product? (talking 100+ amounts of SP 30)
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raskul
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June 11, 2014, 12:57:48 PM |
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Maybe the case that SP-Tech didn't realise the SP30 would be ~6TH/s until after the second batch was listed and sold (consider trade specifications, a company can't change the specification of an item after it's sale - I am sure there are laws in most countries which would stop them doing so) I think we can safely assume all SP30 batches will be the same spec +/- 10%, and it's most likely the trading standards laws which would stop SP-Tech from changing the spec on the page of 2nd batch. I may be wrong though, as I know not much about Israel trading standards laws. |
tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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SyRenity
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June 11, 2014, 12:59:03 PM |
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Thanks for pointing out, we corrected it on the site. |
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Bicknellski
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June 11, 2014, 12:59:45 PM |
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 No problem. SECOND BATCH - 6 TH/S OF PURE MINING POWER! WOOT!
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SyRenity
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June 11, 2014, 01:00:48 PM |
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Small question, as I didn't want to go through the mass amount of pages, but would there be a discount for ordering large bulk of your coming out product? (talking 100+ amounts of SP 30)
Best if you contact our sales directly with this question, at sales@spondoolies-tech.com. |
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raskul
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June 11, 2014, 01:01:33 PM |
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No problem. SECOND BATCH - 6 TH/S OF PURE MINING POWER! WOOT!  wouldn't have been allowed to change that in the UK; bloody nanny state we live in! |
tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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ChefDeFunk
Newbie
Offline
Activity: 2
Merit: 0
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June 11, 2014, 01:03:41 PM |
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Small question, as I didn't want to go through the mass amount of pages, but would there be a discount for ordering large bulk of your coming out product? (talking 100+ amounts of SP 30)
Best if you contact our sales directly with this question, at sales@spondoolies-tech.com. Alright, thank you. |
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Bicknellski
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June 11, 2014, 01:04:08 PM |
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No problem. SECOND BATCH - 6 TH/S OF PURE MINING POWER! WOOT! wouldn't have been allowed to change that in the UK; bloody nanny state we live in! BFL would have a hard time doing biz in the UK. I can see the purpose for it at times. |
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raskul
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June 11, 2014, 01:06:34 PM |
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No problem. SECOND BATCH - 6 TH/S OF PURE MINING POWER! WOOT! wouldn't have been allowed to change that in the UK; bloody nanny state we live in! BFL would have a hard time doing biz in the UK. I can see the purpose for it at times. indeed, chances are our old pal Josh would most likely have been in court and either fined/sent to jail by now... certainly in Scotland; he'd have been linched by a mob of angry miners!  |
tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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murdof
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June 11, 2014, 01:09:12 PM |
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BTW Zvi, time in the graphs not fixed. Time in miner say 16:06 but the graph legend says 13:00. Don't know if it is meant by design. |
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merv77
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June 11, 2014, 01:09:36 PM |
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hi zvisha, Thanks for new firmware. I upgraded first SP10 miner to 1.4.2 and worked fine then tried it on another SP10 and got message below Beginning upgrade 1.4.2. Please wait, this can take up to 1 minute.
Downloading url:http://firmware.spondoolies-tech.com/release/download
Verifying archive integrity... All good.
Uncompressing 'Spondoolies Software'
Upgrading 1.4.2 to 1.4.2 ...Cannot move u-boot.img to u-boot.old any idea why and how to fix? EDIT. tried second time and worked.  |
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SyRenity
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June 11, 2014, 01:29:10 PM |
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BTW Zvi, time in the graphs not fixed.
Time in miner say 16:06 but the graph legend says 13:00. Don't know if it is meant by design.
We still are looking at the graphs timezone issue, and will provide a solution soon. |
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jonnybravo0311
Legendary
Offline
Activity: 1344
Merit: 1023
Mine at Jonny's Pool
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June 11, 2014, 01:48:12 PM |
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Ummm... I can see how you might have missed it, though. There was a bunch of other stuff going on regarding CBCM and SP-Tech. Zvi, I really like the disclaimer at the end of your post If you create a file called /etc/mg_ignore_110_fcc the FW will not limit the 1100W. Note that this mode of work is not well tested by me, and can cause extreme heat in some cables. Make sure you have proper cables that match the amperage of the system. We take no responsibility of any damage done to the miner, PSU or your house if you set this flag. The PSU supports up to 14.5 Amper, so make the proper computation (and don't forget to add 10% to SP10 limit for PSU efficiency). Here's a way to disable the safety measures we put in place. Don't blame us if you burn down your house |
Jonny's Pool - Mine with us and help us grow! Support a pool that supports Bitcoin, not a hardware manufacturer's pockets! No SPV cheats. No empty blocks.
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